Boston, MA 04/25/2014 (wallstreetpr) – Polycom Inc (NASDAQ:PLCM) which is a maker of equipment relate to videoconferencing has made profits that exceeded the expectations of all. The first quarter of this year is not like the first quarter of the last year, when Polycom had run into losses. Polycom very recently released the results of its first quarter beating all speculations and apprehensions from analysts.
It seems as if Polycom is finally recovering from all that it has suffered from in the past. We hope that all Polycom gets to worry about from now onwards are profits and how to keep adding to them. Polycom has made efforts and has rose from the ashes.
First Quarter Earning
Polycom Inc (NASDAQ:PLCM) has reported its first quarter earnings, which look nothing but good. Polycom has revenues worth $329 million Approx. in this quarter alone. It has earned almost 15 cents per share. The Chief Accounting Officer of Polycom, namely, Laura Durr, said that the results and earnings per share were better that expected. According to her, this is a result of strong execution processes followed in the first quarter.
The New Chief Information Officer
Polycom Inc (NASDAQ:PLCM) has made an announcement regarding the appointment of Scott McCool as the new Chief Information Officer and also the Group Vice President of Information Technology. McCool will be now reporting to Laura Durr, who is also the current Interim Chief Financial Officer and manages all the finances, accounts and IT related functions at Polycom.
Laura Durr was clearly elated with the new developments and is also delighted about the expansion of Polycom’s leadership team. With the joining of Scott in the team, they’ll have an experienced person, which is much needed for the success of the company. Scott is experienced in all kinds of organizations ranging from Government agencies to Fortune 500 companies. Under his leadership, Polycom Inc (NASDAQ:PLCM) expects to prosper more and keep growing as a company.
