SYS-CON MEDIA Authors: Zakia Bouachraoui, Liz McMillan, Carmen Gonzalez, Roger Strukhoff, David Linthicum

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Polycom Reports Third Quarter 2011 Earnings

Q3 Revenue Growth of 23 Percent Year-over-Year to a Record $379 Million

PLEASANTON, CA -- (Marketwire) -- 10/19/11 -- Polycom, Inc. (NASDAQ: PLCM), the global leader in standards-based unified communications (UC), today reported its earnings for the third quarter ended September 30, 2011.

Third quarter 2011 consolidated net revenues were a record $379 million, compared to $308 million for the third quarter of 2010. GAAP net income for the third quarter of 2011 was $24 million, or 13 cents per diluted share, compared to $17 million, or 10 cents per diluted share, for the same period last year. Non-GAAP net income for the third quarter of 2011 was $48 million, or 26 cents per diluted share, compared to non-GAAP net income of $34 million, or 19 cents per diluted share, for the third quarter of 2010. Note that the share and per share data for all periods presented in this release have been adjusted to reflect the two-for-one stock split that was effective July 1, 2011.

The reconciliation between GAAP net income and non-GAAP net income is provided in the tables at the end of this release.

On a geographic basis, consolidated net revenues for the third quarter of 2011 were comprised of:

-- 52 percent Americas, or $197 million, an increase of 16 percent
   year-over-year;
-- 24 percent Europe, Middle East, and Africa, or $92 million, an increase
   of 23 percent year-over-year; and
-- 24 percent Asia Pacific, or $90 million, an increase of 41 percent
   year-over-year.

"Polycom has clearly emerged as the premier UC provider that delivers customers a seamless and secure video collaboration solution from immersive telepresence to the desktop to the world's leading mobile devices," said Andrew Miller, Polycom president and CEO. "Leveraging the Polycom RealPresence™ Platform, we believe that we are best positioned to capture the network effect of video communications being driven by the demand for real-time collaboration in the workplace and social networks. Our powerful software-based cloud and mobility strategy is beginning to take shape as evidenced by our recent partnership and acquisition announcements."

"Polycom generated significant Q3 revenue growth in the emerging geographies and the US Federal market," said Michael Kourey, Polycom's executive vice president, finance and administration, and CFO. "In addition, our acquisition of HP's visual collaboration solution is already performing well, securing new, large customers in Q3 for Polycom's leading full UC portfolio. Although partially offset by lower year-over-year revenue growth in the enterprise customer segment, Polycom generated solid operating results, including a 37% increase in net income year-over-year. Net of the strategic acquisitions and stock repurchases in the period, Polycom exited Q3 with $540 million in cash and investments and no debt."

Q3 2011 Business Highlights

-- Strong revenue growth in emerging geographies -- up over 50 percent
   year-over-year
-- Key certifications and momentum with US Federal sector, growing
   bookings nearly 40 percent year-over-year
-- Polycom Open Collaboration Network™ partners generated approximately
   26 percent of revenues
-- Completed HP Visual Collaboration acquisition with excellent initial
   results
-- Unveiled cloud-based software strategy, bringing secure HD video
   collaboration to the broadest range of business, video, mobile, and
   social networking applications
-- Announced partnership with Jive Software to integrate Polycom HD video
   into Jive's social business platform

Earnings Call Details

Polycom will hold a conference call today, Oct. 19, 2011, at 5 p.m. EDT/2 p.m. PDT to discuss its third quarter earnings. You may participate by viewing the webcast at www.polycom.com/investors or, for callers in the US and Canada, by calling 800.897.4662; and for callers outside of the US and Canada, by calling 212.231.2915. The pass code for the call is "Polycom." A replay of the call will also be available at www.polycom.com or, for callers in the US and Canada, at 800.633.8284; and for callers outside of the US and Canada, at 402.977.9140. The access number for the replay is 21540950. A replay of the call will be available on www.polycom.com for approximately 12 months.

Forward Looking Statements

This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 regarding future events, future demand for our products, and the future performance of the Company, including statements regarding Polycom as being best positioned to capture the network effect of video communications and the drivers for such demand. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the impact of competition on our product sales and for our customers and partners; the impact of increased competition due to consolidation in our industry or competition from companies that are larger or that have greater resources than we do; potential fluctuations in results and future growth rates; risks associated with general economic conditions and external market factors; the market acceptance of Polycom's products and changing market demands, including demands for differing technologies or product and services offerings; our ability to successfully integrate our acquisitions into our business; possible delays in the development, availability and shipment of new products; increasing costs and differing uses of capital; changes in key personnel that may cause disruption to the business; any disruptive impact to the Company that may result from new executive hires; the impact of restructuring actions; and the impact of global conflicts that may adversely impact our business. Many of these risks and uncertainties are discussed in the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, and in other reports filed by Polycom with the SEC. Polycom disclaims any intent or obligations to update these forward-looking statements.

Polycom reserves the right to modify future product plans at any time. Products and/or related specifications referenced in this press release are not guaranteed and will be delivered on a when and if available basis.

GAAP to non-GAAP Reconciliation

To supplement our consolidated financial statements presented on a GAAP basis, Polycom uses non-GAAP measures of operating results, net income and income per share, which are adjusted to exclude certain costs, expenses, gains, and losses we believe appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future. These adjustments to our current period GAAP results are made with the intent of providing both management and investors a more complete understanding of Polycom's underlying operational results and trends, and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses, or other charges that are considered by management to be outside of our core operating results. In addition, these adjusted non-GAAP results are among the primary indicators management uses as a basis for our planning and forecasting of future periods. The presentation of this additional information is not meant to be considered in isolation or as a substitute for net income or diluted net income per share prepared in accordance with generally accepted accounting principles in the United States.

About Polycom

Polycom is the global leader in standards-based unified communications (UC) solutions for telepresence, video, and voice, powered by the Polycom RealPresence platform. The RealPresence platform interoperates with the broadest range of business, mobile and social applications and devices. More than 400,000 organizations trust Polycom solutions to collaborate and meet face to face from any location for more productive and effective engagement with colleagues, partners, customers and prospects. Polycom, together with its broad partner ecosystem, provides customers with the best TCO, scalability, and security -- on-premises, hosted or cloud delivered. Visit www.polycom.com or connect with Polycom on Twitter, Facebook, and LinkedIn.

© 2011 Polycom, Inc. All rights reserved. POLYCOM®, the Polycom "Triangles" logo and the names and marks associated with Polycom's products are trademarks and/or service marks of Polycom, Inc. and are registered and/or common law marks in the United States and various other countries. All other trademarks are property of their respective owners.

                               POLYCOM, INC.
                      GAAP to Non-GAAP Reconciliation
                  (In thousands, except per share amounts)
                                (Unaudited)


                                              Three Months Ended
                                   ---------------------------------------
                                              September 30, 2011
                                   ---------------------------------------
                                      GAAP      Excluded         Non-GAAP
                                   ----------  ----------       ----------

Revenues:
  Product revenues                 $  302,435  $        -       $  302,435
  Service revenues                     76,582           -           76,582
                                   ----------  ----------       ----------
     Total revenues                   379,017           -          379,017
                                   ----------  ----------       ----------

Cost of revenues:
  Cost of product revenues            121,271       3,657   (a)    117,614
  Cost of service revenues             31,164       1,349   (b)     29,815
                                   ----------  ----------       ----------
     Total cost of revenues           152,435       5,006          147,429
                                   ----------  ----------       ----------

Gross profit                          226,582      (5,006)         231,588
                                   ----------  ----------       ----------

Operating expenses:
  Sales and marketing                 113,108       7,966   (b)    105,142
  Research and development             53,589       4,876   (b)     48,713
  General and administrative           22,347       5,833   (c)     16,514
  Amortization of purchased
   intangibles                          3,009       3,009                -
  Restructuring costs                   1,264       1,264                -
  Acquisition-related costs             3,578       3,578                -
                                   ----------  ----------       ----------
     Total operating expenses         196,895      26,526          170,369
                                   ----------  ----------       ----------

Operating income                       29,687     (31,532)          61,219

Other income (expense), net            (1,298)          -           (1,298)
                                   ----------  ----------       ----------

Income before provision for income
 taxes                                 28,389     (31,532)          59,921
Provision for income taxes              4,669      (6,918)  (e)     11,587
                                   ----------  ----------       ----------
Net income                         $   23,720  $  (24,614)      $   48,334
                                   ==========  ==========       ==========

Basic net income per share         $     0.13  $    (0.14)      $     0.27
                                   ==========  ==========       ==========

Diluted net income per share       $     0.13  $    (0.13)      $     0.26
                                   ==========  ==========       ==========

Weighted average shares outstanding
 for basic net income per share       177,249                      177,249
                                   ==========                   ==========

Weighted average shares outstanding
 for diluted net income per share     182,519                      182,519
                                   ==========                   ==========



                                              Nine Months Ended
                                   ---------------------------------------
                                              September 30, 2011
                                   ---------------------------------------
                                      GAAP      Excluded         Non-GAAP
                                   ----------  ----------       ----------

Revenues:
  Product revenues                 $  889,362  $        -       $  889,362
  Service revenues                    199,429           -          199,429
                                   ----------  ----------       ----------
     Total revenues                 1,088,791           -        1,088,791
                                   ----------  ----------       ----------

Cost of revenues:
  Cost of product revenues            352,922      11,211   (a)    341,711
  Cost of service revenues             82,540       2,975   (b)     79,565
                                   ----------  ----------       ----------
     Total cost of revenue            435,462      14,186          421,276
                                   ----------  ----------       ----------

Gross profit                          653,329     (14,186)         667,515
                                   ----------  ----------       ----------

Operating expenses:
  Sales and marketing                 320,717      19,191   (b)    301,526
  Research and development            147,116      10,991   (b)    136,125
  General and administrative           61,993      13,048   (c)     48,945
  Amortization of purchased
   intangibles                          6,093       6,093                -
  Restructuring costs                   4,739       4,739                -
  Acquisition-related costs             7,924       7,924                -
                                   ----------  ----------       ----------
     Total operating expenses         548,582      61,986          486,596
                                   ----------  ----------       ----------

Operating income                      104,747     (76,172)         180,919

Other income (expense), net            (3,305)       (500)  (d)     (2,805)
                                   ----------  ----------       ----------

Income before provision for income
 taxes                                101,442     (76,672)         178,114
Provision for income taxes             15,201     (23,694)  (e)     38,895
                                   ----------  ----------       ----------
Net income                         $   86,241  $  (52,978)      $  139,219
                                   ==========  ==========       ==========

Basic net income per share         $     0.49  $    (0.30)      $     0.79
                                   ==========  ==========       ==========

Diluted net income per share       $     0.47  $    (0.30)      $     0.77
                                   ==========  ==========       ==========

Weighted average shares outstanding
 for basic net income per share       176,325                      176,325
                                   ==========                   ==========

Weighted average shares outstanding
 for diluted net income per share     181,816                      181,816
                                   ==========                   ==========


(a) For the three months ended September 30, 2011, the excluded amount
    includes $2,753 related to the amortization of purchased intangibles
    for core and existing technologies, $767 for stock-based compensation
    expense recorded during the period and $137 related to the effect of
    stock-based compensation on warranty expense rates. For the nine months
    ended September 30, 2011, the excluded amount includes $8,829 related
    to the amortization of purchased intangibles for core and existing
    technologies, $2,017 for stock-based compensation expense recorded
    during the period and $365 related to the effect of stock-based
    compensation on warranty expense rates.
(b) Excluded amount represents stock-based compensation expense recorded
    during the period.
(c) For the three months ended September 30, 2011, the excluded amount
    includes $5,486 for stock-based compensation expense recorded during
    the period and $347 for the legal costs related to the indemnification
    of a former officer of the Company. For the nine months ended
    September 30, 2011, the excluded amount includes $11,409 for
    stock-based  compensation expense recorded during the period and $1,639
    for the legal costs related to the indemnification of a former officer
    of the Company.
(d) Excluded amount represents the impairment of an investment in a private
    company.
(e) For the three months ended September 30, 2011 the excluded amount
    represents the tax impact on expenses which are excluded in items
    (a)-(c) above. For the nine months ended September 30, 2011, the
    excluded amount represents the tax impact on expenses which are
    excluded in items (a) - (d) above, as well as a $7,487 benefit related
    to the resolution of a multi-year tax audit.





                              POLYCOM, INC.
                      GAAP to Non-GAAP Reconciliation
                 (In thousands, except per share amounts)
                                (Unaudited)


                                             Three Months Ended
                                   ----------------------------------------
                                             September 30, 2010
                                   ----------------------------------------
                                      GAAP      Excluded         Non-GAAP
                                   ----------- ----------       -----------
Revenues:
  Product revenues                 $   255,496 $        -       $   255,496
  Service revenues                      52,573          -            52,573
                                   ----------- ----------       -----------
     Total revenues                    308,069          -           308,069
                                   ----------- ----------       -----------

Cost of revenues:
  Cost of product revenues              99,913      4,044   (a)      95,869
  Cost of service revenues              25,371        849   (b)      24,522
                                   ----------- ----------       -----------
     Total cost of revenues            125,284      4,893           120,391
                                   ----------- ----------       -----------

Gross profit                           182,785     (4,893)          187,678
                                   ----------- ----------       -----------

Operating expenses:
  Sales and marketing                   97,214      7,095   (b)      90,119
  Research and development              38,278      2,339   (b)      35,939
  General and administrative            19,440      4,322   (c)      15,118
  Amortization of purchased
   intangibles                           1,406      1,406                 -
  Restructuring costs                    3,301      3,301                 -
  Litigation reserves and payments           -          -                 -
                                   ----------- ----------       -----------
     Total operating expenses          159,639     18,463           141,176
                                   ----------- ----------       -----------

Operating income                        23,146    (23,356)           46,502

Other income (expense), net                293        249   (d)          44
                                   ----------- ----------       -----------

Income before provision for
 income taxes                           23,439    (23,107)           46,546
Provision for income taxes               6,171     (6,512)           12,683
                                   ----------- ----------       -----------
Net income                         $    17,268 $  (16,595)      $    33,863
                                   =========== ==========       ===========

Basic net income per share         $      0.10 $    (0.10)      $      0.20
                                   =========== ==========       ===========

Diluted net income per share       $      0.10 $    (0.09)      $      0.19
                                   =========== ==========       ===========

Weighted average shares outstanding
 for basic net income per share        170,626                      170,626
                                   ===========                  ===========

Weighted average shares outstanding
 for diluted net income per share      175,968                      175,968
                                   ===========                  ===========


                                              Nine Months Ended
                                   ---------------------------------------
                                             September 30, 2010
                                   ---------------------------------------
                                      GAAP      Excluded         Non-GAAP
                                   ----------  ----------       ----------
Revenues:
  Product revenues                 $  728,348  $        -       $  728,348
  Service revenues                    150,510           -          150,510
                                   ----------  ----------       ----------
     Total revenues                   878,858           -          878,858
                                   ----------  ----------       ----------

Cost of revenues:
  Cost of product revenues            291,463      12,310   (a)    279,153
  Cost of service revenues             74,390       2,988   (b)     71,402
                                   ----------  ----------       ----------
     Total cost of revenues           365,853      15,298          350,555
                                   ----------  ----------       ----------

Gross profit                          513,005     (15,298)         528,303
                                   ----------  ----------       ----------

Operating expenses:
  Sales and marketing                 282,491      20,658   (b)    261,833
  Research and development            108,423       7,788   (b)    100,635
  General and administrative           55,627      13,013   (c)     42,614
  Amortization of purchased
   intangibles                          4,267       4,267                -
  Restructuring costs                   6,574       6,574                -
  Litigation reserves and
   payments                             1,235       1,235                -
                                   ----------  ----------       ----------
     Total operating expenses         458,617      53,535          405,082
                                   ----------  ----------       ----------

Operating income                       54,388     (68,833)         123,221

Other income (expense), net            (7,931)     (5,324)  (d)     (2,607)
                                   ----------  ----------       ----------

Income before provision for
  income taxes                         46,457     (74,157)         120,614
Provision for income taxes             11,174     (20,111)          31,285
                                   ----------  ----------       ----------
Net income                         $   35,283  $  (54,046)      $   89,329
                                   ==========  ==========       ==========

Basic net income per share         $     0.21  $    (0.32)      $     0.53
                                   ==========  ==========       ==========

Diluted net income per share       $     0.20  $    (0.31)      $     0.51
                                   ==========  ==========       ==========

Weighted average shares outstanding
 for basic net income per share       170,090                      170,090
                                   ==========                   ==========

Weighted average shares outstanding
 for diluted net income per share     175,728                      175,728
                                   ==========                   ==========


(a) For the three months ended September 30, 2010, the excluded amount
    includes $3,321 related to the amortization of purchased intangibles
    for core and existing technologies, $610 for stock-based compensation
    expense recorded during the period and $113 related to the effect of
    stock-based compensation on warranty expense rates. For the nine
    months ended September 30, 2010, the excluded amount includes $9,996
    related to the amortization of purchased intangibles for core and
    existing technologies, $1,968 for stock-based compensation expense
    recorded during the period and $346 related to the effect of
    stock-based compensation on warranty expense rates.
(b) Excluded amount represents stock-based compensation expense recorded
    during the period.
(c) For the three months ended September 30, 2010, the excluded amount
    includes $3,904 for stock-based compensation expense recorded during
    the period and $418 for severance. legal and other costs associated
    with the CEO transition in May 2010.  For the nine months ended
    September 30, 2010, the excluded amount includes $9,008 for stock-based
    compensation expense recorded during the period and $4,005 for
    severance, legal and other costs associated with the CEO transition in
    May 2010.
(d) For the three months ended September 30, 2010, the excluded amount
    represents the net gain realized during the period on preferred equity
    securities for which we previously recognized a loss as the securities
    were deemed to be other than temporarily impaired. For the nine months
    ended September 30, 2010, the excluded amount represents the loss
    recognized during the period on preferred securities considered to be
    other than temporarily impaired, net of any subsequent realized gains.






                              POLYCOM, INC.
                  Condensed Consolidated Balance Sheets
                              (In thousands)
                                (Unaudited)


                                              September 30,  December 31,
                                                  2011           2010
                                              -------------- --------------

 ASSETS
 Current assets
    Cash and cash equivalents                 $      289,016 $      324,188
    Short-term investments                           202,181        170,154
    Trade receivables, net                           205,968        154,507
    Inventories                                      110,829        113,994
    Deferred taxes                                    33,939         32,357
    Prepaid expenses and other current assets         50,292         41,884
                                              -------------- --------------
       Total current assets                          892,225        837,084

 Property and equipment, net                         120,532        110,321
 Long-term investments                                48,345         41,316
 Goodwill and purchased intangibles                  645,793        519,685
 Deferred taxes                                       16,568         18,388
 Other assets                                         20,884         20,611
                                              -------------- --------------
       Total assets                           $    1,744,347 $    1,547,405
                                              ============== ==============



 LIABILITIES AND STOCKHOLDERS' EQUITY
 Current liabilities
    Accounts payable                          $      100,563 $       90,890
    Accrued payroll and related liabilities           35,147         35,222
    Deferred revenue                                 132,071        104,919
    Other accrued liabilities                         53,013         54,651
                                              -------------- --------------
       Total current liabilities                     320,794        285,682

 Non-current liabilities
 Deferred revenue                                     72,600         55,292
 Taxes payable                                        15,285         16,690
 Deferred taxes                                          802          2,057
 Other non-current liabilities                        12,986         12,714
                                              -------------- --------------
       Total liabilities                             422,467        372,435

 Stockholders' equity                              1,321,880      1,174,970
                                              -------------- --------------
       Total liabilities and stockholders'
        equity                                $    1,744,347 $    1,547,405
                                              ============== ==============






                              POLYCOM, INC.
              Condensed Consolidated Statements of Operations
                 (In thousands, except per share amounts)
                                (Unaudited)


                                 Three Months Ended     Nine Months Ended
                                --------------------  --------------------
                                September  September  September  September
                                   30,        30,        30,        30,
                                  2011       2010       2011       2010
                                ---------  ---------- ---------  ---------


 Revenues:
    Product revenues            $ 302,435  $  255,496 $ 889,362  $ 728,348
    Service revenues               76,582      52,573   199,429    150,510
                                ---------  ---------- ---------  ---------
       Total revenues             379,017     308,069 1,088,791    878,858
                                ---------  ---------- ---------  ---------

 Cost of revenues:
    Cost of product revenues      121,271      99,913   352,922    291,463
    Cost of service revenues       31,164      25,371    82,540     74,390
                                ---------  ---------- ---------  ---------
       Total cost of revenues     152,435     125,284   435,462    365,853
                                ---------  ---------- ---------  ---------

 Gross profit                     226,582     182,785   653,329    513,005
                                ---------  ---------- ---------  ---------

 Operating expenses:
    Sales and marketing           113,108      97,214   320,717    282,491
    Research and development       53,589      38,278   147,116    108,423
    General and administrative     22,347      19,440    61,993     55,627
    Amortization of purchased
     intangibles                    3,009       1,406     6,093      4,267
    Restructuring costs             1,264       3,301     4,739      6,574
    Acquisition-related expenses    3,578           -     7,924          -
    Litigation reserves and
     payments                           -           -         -      1,235
                                ---------  ---------- ---------  ---------
       Total operating expenses   196,895     159,639   548,582    458,617
                                ---------  ---------- ---------  ---------

 Operating income                  29,687      23,146   104,747     54,388

 Other income (expense), net       (1,298)        293    (3,305)    (7,931)
                                ---------  ---------- ---------  ---------

 Income before provision for
  income taxes                     28,389      23,439   101,442     46,457
 Provision for income taxes         4,669       6,171    15,201     11,174
                                ---------  ---------- ---------  ---------
 Net income                     $  23,720  $   17,268 $  86,241  $  35,283
                                =========  ========== =========  =========

 Basic net income per share     $    0.13  $     0.10 $    0.49  $    0.21
                                =========  ========== =========  =========

 Diluted net income per share   $    0.13  $     0.10 $    0.47  $    0.20
                                =========  ========== =========  =========

 Weighted average shares
  outstanding for basic
  net income per share            177,249     170,626   176,325    170,090
                                =========  ========== =========  =========

 Weighted average shares
  outstanding for diluted
  net income per share            182,519     175,968   181,816    175,728
                                =========  ========== =========  =========





                              POLYCOM, INC.
              Condensed Consolidated Statements of Cash Flows
                              (In thousands)
                                (Unaudited)


                                                    Nine Months Ended
                                              ----------------------------
                                              September 30,  September 30,
                                                  2011           2010
                                              -------------  -------------


Cash flows from operating activities:
Net income                                    $      86,241  $      35,283
Adjustments to reconcile net income to net
 cash provided by operating activities:
    Depreciation and amortization                    38,732         29,728
    Amortization of purchased intangibles            14,943         14,263
    Provision for excess and obsolete
     inventories                                      6,189          3,337
    Non-cash stock based compensation                46,583         42,410
    Impairment of private company investments           500              -
    Excess tax benefits from stock-based
     compensation                                   (13,330)        (6,649)
    Write down of investments other than
     temporarily impaired                                 -          6,530
    Loss on disposals of property and
     equipment                                          738            215

    Changes in assets and liabilities, net
     of the effect of acquisitions:
        Trade receivables                           (49,553)       (14,621)
        Inventories                                   1,261        (34,217)
        Deferred taxes                               (1,383)        (5,068)
        Prepaid expenses and other assets            (4,705)       (24,353)
        Accounts payable                              9,466         19,323
        Taxes payable                                11,553          3,571
        Other accrued liabilities                    30,395         31,913
                                              -------------  -------------
Net cash provided by operating activities           177,630        101,665
                                              -------------  -------------

Cash flows from investing activities:
    Purchases of property and equipment             (45,404)       (51,816)
    Purchases of investments                       (306,199)      (291,613)
    Proceeds from sale of investments                31,687         98,311
    Proceeds from maturities of investments         235,412        138,894
    Net cash paid in purchase acquisitions         (139,041)             -
                                              -------------  -------------
Net cash used in investing activities              (223,545)      (106,224)
                                              -------------  -------------

Cash flows from financing activities:
    Proceeds from issuance of common stock
     under employee option and stock purchase
     plans                                           40,495         43,796
    Repurchase of common stock                      (43,082)       (69,264)
    Excess tax benefits from stock-based
     compensation                                    13,330          6,649
                                              -------------  -------------
Net cash provided by (used in) financing
 activities                                          10,743        (18,819)
                                              -------------  -------------

Net decrease in cash and cash equivalents           (35,172)       (23,378)
Cash and cash equivalents, beginning of
 period                                             324,188        331,098
                                              -------------  -------------
Cash and cash equivalents, end of period      $     289,016  $     307,720
                                              =============  =============



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Investor Contact:
Laura Graves
Polycom, Inc.
925.924.5630
[email protected]

Press Contact:
Shawn Dainas
Polycom, Inc.
925.924.5676
[email protected]

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Moroccanoil®, the global leader in oil-infused beauty, is thrilled to announce the NEW Moroccanoil Color Depositing Masks, a collection of dual-benefit hair masks that deposit pure pigments while providing the treatment benefits of a deep conditioning mask. The collection consists of seven curated shades for commitment-free, beautifully-colored hair that looks and feels healthy.
The textured-hair category is inarguably the hottest in the haircare space today. This has been driven by the proliferation of founder brands started by curly and coily consumers and savvy consumers who increasingly want products specifically for their texture type. This trend is underscored by the latest insights from NaturallyCurly's 2018 TextureTrends report, released today. According to the 2018 TextureTrends Report, more than 80 percent of women with curly and coily hair say they purcha...
The textured-hair category is inarguably the hottest in the haircare space today. This has been driven by the proliferation of founder brands started by curly and coily consumers and savvy consumers who increasingly want products specifically for their texture type. This trend is underscored by the latest insights from NaturallyCurly's 2018 TextureTrends report, released today. According to the 2018 TextureTrends Report, more than 80 percent of women with curly and coily hair say they purcha...
We all love the many benefits of natural plant oils, used as a deap treatment before shampooing, at home or at the beach, but is there an all-in-one solution for everyday intensive nutrition and modern styling?I am passionate about the benefits of natural extracts with tried-and-tested results, which I have used to develop my own brand (lemon for its acid ph, wheat germ for its fortifying action…). I wanted a product which combined caring and styling effects, and which could be used after shampo...
The precious oil is extracted from the seeds of prickly pear cactus plant. After taking out the seeds from the fruits, they are adequately dried and then cold pressed to obtain the oil. Indeed, the prickly seed oil is quite expensive. Well, that is understandable when you consider the fact that the seeds are really tiny and each seed contain only about 5% of oil in it at most, plus the seeds are usually handpicked from the fruits. This means it will take tons of these seeds to produce just one b...
Steaz, the nation's top-selling organic and fair trade green-tea-based beverage company, announces its 2017 "Mind. Body. Soul." tour, which will bring authentic experiences inspired by the brand's signature Mind. Body. Soul. tagline to life across the country. The tour will inform, educate, inspire and entertain through events, digital activations and partner-curated experiences developed to support the three pillars of complete health and wellness.
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
ScaleMP is presenting at CloudEXPO 2019, held June 24-26 in Santa Clara, and we’d love to see you there. At the conference, we’ll demonstrate how ScaleMP is solving one of the most vexing challenges for cloud — memory cost and limit of scale — and how our innovative vSMP MemoryONE solution provides affordable larger server memory for the private and public cloud. Please visit us at Booth No. 519 to connect with our experts and learn more about vSMP MemoryONE and how it is already serving some of...
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understa...
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility. As they do so, IT professionals are also embr...
Platform9, the leader in SaaS-managed hybrid cloud, has announced it will present five sessions at four upcoming industry conferences in June: BCS in London, DevOpsCon in Berlin, HPE Discover and Cloud Computing Expo 2019.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
When you're operating multiple services in production, building out forensics tools such as monitoring and observability becomes essential. Unfortunately, it is a real challenge balancing priorities between building new features and tools to help pinpoint root causes. Linkerd provides many of the tools you need to tame the chaos of operating microservices in a cloud native world. Because Linkerd is a transparent proxy that runs alongside your application, there are no code changes required. I...