Home › Poly says sales better than expected, but suspends dividend to preserve cash
 

Keywords :   


Poly says sales better than expected, but suspends dividend to preserve cash

2020-04-15 17:40:00| Telecompaper Headlines

(Telecompaper) Poly announced sales have been better-than-expected in the past quarter on strong demand for its headsets and other products. While its backlog has grown, its main production site in Mexico was shut down this month, which could cause problems filling orders. The company has suspended its quarterly dividend and debt repayments in order to conserve cash and is starting a cost-cutting plan. 

Tags: to sales expected cash

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
31.01Plan ahead and dress wisely: How to minimise add-on costs when you fly
31.01Phone lines stay open as tax return deadline looms
31.01Phone lines stay open as tax return deadline looms
30.01Labubu to open seven UK shops, after PM's China visit
30.01Will Trump's pick to lead US central bank get him the change he wants?
30.01Will Trump's pick to lead US central bank get him the change he wants?
30.01Grilled to Perfection Recipes Due by April 1
30.01The Poet
More »