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Polycom Q4 better than expected, up 50%

25th January 2012:

Polycom Inc.'s (PLCM) fourth-quarter earnings rose a greater-than-expected 50% as the videoconferencing company's emerging-market sales continued to outperform its American business.

Shares jumped 4.9% to $19.32 after hours Monday as revenue also topped expectations. The stock had slid in recent months since hitting a 10-year high of $34.30 in July.

Polycom's revenue growth, though sharp, has eased in recent quarters .

Read more like this in: The Channel and Systems Integrators

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