Thursday, May 14, 2015

Polycom Inc Equity Research

Video-conferencing company Polycom Inc's (NASDAQ:PLCM) first-quarter earnings were almost the stuff of a trivia question on a game show. Just how does a company report a 28% increase in non-GAAP EPS while its sales only rose 1%? The answer is obviously margin expansion.

Just how did Polycom do it? Moreover, what are the underlying themes in its trading performance? Let's take a closer look.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED