Logitech Beats Profit Forecast as Gaming and Conferencing Sales Rise
Logitech reported second-quarter non-GAAP operating income of $231 million, while demand for its gaming and video conferencing devices increased.
Story updates
08:14:43 PM UTC
SquawkNews
Logitech reported $1.22 billion in second-quarter fiscal 2027 sales, up 3% year over year in U.S. dollars, and marked its 11th consecutive quarter of growth. GAAP operating income was $201 million and diluted EPS was $1.25, while non-GAAP diluted EPS was $1.51. For Q3, the company expects sales gro…
08:15:30 PM UTC
SquawkNews
OverviewOutlookResult DriversCompany press release:Key Details*Applies to a deviation of less than 1%; not applicable for per-share numbers.Analyst CoverageReuters Recommended ReadsFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedb…
Logitech International BX:LTEC on Tuesday reported a better-than-expected profit for the second quarter, with the computer mouse and keyboard maker seeing higher demand for its gaming and video conferencing devices.The Swiss-U.S. company reported non-GAAP operating income of $231 million for the th…