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Polycom (PLCM -32.4%) plummets after delivering a rare EPS miss, and guiding on its CC for Q/Q...

Polycom (PLCM -32.4%) plummets after delivering a rare EPS miss, and guiding on its CC for Q/Q sales growth of 5-6% (below expectations for 10%). Several firms are downgrading the videoconferencing gear vendor in spite of the drop, with Piper arguing Polycom is facing tougher competition from Cisco (CSCO) and Huawei.
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