Earnings release
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d poly Poly Announces Second Quarter Fiscal 2022 Financial Results SANTA CRUZ , Calif . , - October 28 , 2021 - Poly ( NYSE : POLY ) , a global outfitter of professional - grade audio and video technology , today announced second quarter results for the period ended October 2 , 2021 . Highlights for the second quarter include : Demand environment remains intact as businesses worldwide prepare for a return to office by modernizing their communications infrastructure , reflected by year - over - year revenue growth in Voice of 36 % and Video of 15 % . Professional Headsets revenue declined 5 % year - over - year but grew 8 % sequentially . Poly gained significant market share in its two primary video conferencing markets , with double - digit percentage point gains in each market on a year - over - year basis , according to third - party research . Poly continues to innovate large - room meeting technology with the launch of the Studio X70 and E70 video solutions , using sophisticated Al and machine learning to enhance the user experience for everyone . The Company announced the Poly Edge B - Series of Open SIP desktop phones , a stylish and reliable family of desk phones with Poly's legendary audio quality at an affordable price . Poly's recently announced integration with AppSpace is expected to provide customers the ability to customize workplace communications and drive employee engagement with news , event updates , and information , all delivered on Poly devices during video downtime . Talvis Love joins Poly's board of directors and audit committee , effective September 28 , 2021 , bringing decades of expertise as a large - scale CIO with experience across multiple industries . " Poly continues to perform , nearly doubling share in our core video markets as businesses invest in modernizing their hybrid collaboration infrastructure , " said Dave Shull , Poly President and Chief Executive Officer . " From enterprise - grade video installations serving the largest conference rooms to adopting cloud - based phone platforms for every employee , our customers are working with us to plan , outfit , and upgrade all their communications capabilities . " " Although global supply challenges persist , we are keenly focused on managing profitability while continuing to invest in areas of accelerating growth , " continued Chief Financial Officer Chuck Boynton . " Right now , we're doing everything we can to manage volatile component supply and logistics in order to meet demand , and our ability to protect our margins speaks to the success of that effort . " 1