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
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
24.02What Is a Forward Deployed Engineer? The Role Bridging AI Ambition and Production Reality
23.02From AI Pilots to Production Results with Governed Execution
Telecommunications »
06.032026 Crop insurance prices favor soybeans over corn
06.032026 Crop insurance prices favor soybeans over corn
05.03Pork industry titans inducted into NPPC Hall of Fame
05.03Parker honored with Paulson-Whitmore Award at National Pork Industry Forum
05.03Beef.com launches digital infrastructure blueprint
05.03Inside the beef market: Prices, policy, and meat inspection
05.03Oil prices, market impact from military strikes in the Middle East
05.03Oil prices, market impact from military strikes in the Middle East
More »