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Logitech International SA (LOGI.OQ)

LOGI.OQ on NASDAQ Stock Exchange Global Select Market

31.79USD
25 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Logitech looking at small bolt-on acquisitions, strategy not dependent on them
2:09am EDT 

April 26 (Reuters) - Logitech International Sa :Logitech CEO says no plans to exit tablet business.Logitech CEO says looking at small bolt-on acquisitions, strategy not dependent on them.Logitech CEO says sticking to outlook for high single digit retail sales growth in constant currency in fy2018.Logitech CEO says looking at entering up to 13 new product categories, not all will launch.Logitech CEO says absolutely committed to company. "I came here for 10 year run, not even half way through.".Logitech CEO sees lots of growth in existing product categories.  Full Article

Logitech qtrly earnings per share $0.15
Tuesday, 25 Apr 2017 09:22pm EDT 

April 25 (Reuters) - Logitech International Sa :Fy 2017 gaap operating income grew 53 percent to $197 million.Fy 2017 sales were $2.21 billion, up 9 percent in USD compared to prior year.Fy 2017 cash flow from operations grew 52 percent to $279 million.Fy 2017 gaap earnings per share $1.16.Fy 2017 non-gaap eps $0.98.Q4 retail sales grew 17 percent in constant currency.Confirmed its fiscal year 2018 outlook.Qtrly earnings per share $0.15.Qtrly non-gaap earnings per share $0.21.Qtrly net sales $496.2 million versus $430.8 million.Fiscal year 2018 outlook of high single-digit retail sales growth in constant currency.Fiscal year 2018 outlook of $250 to $260 million in non-gaap operating income.  Full Article

Logitech reaffirms 2017 retail sales growth outlook
Tuesday, 7 Mar 2017 12:01am EST 

Logitech International Sa : Logitech forecasts strong fy18 revenue and profit growth . Logitech International Sa - says 2018 outlook of high single-digit retail sales growth in constant currency and $250 to $260 million in non-gaap operating income. . Logitech International-reaffirmed fy 2017 outlook of 12-13 percent retail sales growth in constant currency & $225-$230 million in non-gaap operating income .Logitech International Sa - announces a $250 million share buyback program as part of a three-year capital allocation framework..  Full Article

Logitech Q3 non-gaap earnings per share $0.56
Tuesday, 24 Jan 2017 09:00pm EST 

Logitech International SA : Q3 non-gaap earnings per share $0.56 . Q3 gaap earnings per share $0.59 . Logitech reports highest retail revenue in company's history . Raised its fiscal year 2017 outlook to 12 to 13 percent retail sales growth in constant currency . Q3 sales were $667 million, up 7 percent compared to q3 of prior year . Increased its non-gaap operating income outlook for fiscal year 2017 to a range of $225 to $230 million . Q3 earnings per share view $0.43 -- Thomson Reuters I/B/E/S . Q3 revenue view $646.6 million -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $1.11 -- Thomson Reuters I/B/E/S .FY2017 revenue view $2.15 billion -- Thomson Reuters I/B/E/S.  Full Article

Logitech International Q2 non-GAAP earnings per share $0.35
Tuesday, 25 Oct 2016 09:10pm EDT 

Logitech International Sa : Logitech delivers record Q2 retail revenue, up 14 percent . Q2 non-GAAP earnings per share $0.35 . Q2 GAAP earnings per share $0.28 from continuing operations . Q2 sales rose 9 percent to $564 million . Logitech's fiscal year 2017 outlook is 8 percent to 10 percent retail sales growth in constant currency . Fiscal year 2017 outlook is $195 million to $205 million in non-GAAP operating income . Q2 earnings per share view $0.25, revenue view $524.5 million -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $1.09, revenue view $2.12 billion -- Thomson Reuters I/B/E/S.  Full Article

Logitech CEO says confident company can reach new raised guidance
Thursday, 28 Jul 2016 08:03am EDT 

: Logitech CEO Bracken Darrell tells Reuters his company is benefiting from growth in most categories, regions . Rules out large acquisitions, doesn't need acquistions to reach target . Logitech CEO says confident company can reach new raised guidance after strong start in Q1 . Logitech CEO says feels good about momentum, new products in pipeline . Logitech CEO says sees growth of around 10 percent for mobile speakers this year . Logitech CEO says sees opportunity for computer peripherals in weak PC market Further company coverage: [LOGN.S] (Reporting by Zurich Newsroom) ((John.Revill@thomsonreuters.com;)).  Full Article

Logitech international Q1 Shr from cont ops $0.13
Wednesday, 27 Jul 2016 09:00pm EDT 

Logitech : Accelerates with best retail sales growth in over five years, up 13% . Increased its non-gaap operating income outlook for fy 2017 to between $195 million and $205 million, up from $185 million to $200 million. . Says q1 retail sales grew 13 percent in constant currency, . Says raised its fy 2017 outlook to 8 to 10 percent retail sales growth in constant currency . Says q1 gaap earnings per share from continuing operations were $0.13 .Says q1 sales were $480 mln, up 7 percent compared to q1 of prior year.  Full Article

Logitech International confirms FY 2017 outlook
Wednesday, 27 Apr 2016 08:00pm EDT 

Logitech International SA:Logitech confirmed its FY 2017 outlook of $185 million to $200 million in non-GAAP operating income and constant currency retail sales growth in the mid-single digits.  Full Article

Logitech International SA - SEC sues Logitech ex-CFO, ex-acting controller - Reuters News
Tuesday, 19 Apr 2016 06:12pm EDT 

Logitech International SA:SEC sues Logitech international sa's LOGN.S former CFO Erik Bardman, former acting controller jennifer wolf -- court filing.SEC accuses defendants of scheming to materially inflate company's operating income in 2011.SEC accuses defendants of concealing disappointing performance of company's "revue" set-top device.SEC accuses defendants of misleading auditor.SEC says defendants' conduct caused Logitech to overstate 2011 operating income, culminating in a restatement of results in 2014.SEC civil lawsuit seeks to recoup ill-gotten gains and bonuses, impose fines, and impose officer and director bans.  Full Article

Logitech International SA to Acquire Jaybird
Tuesday, 12 Apr 2016 05:00pm EDT 

Logitech International SA:To acquire jaybird, expanding into the fast-growing wireless audio wearables market.Says agreed to acquire jaybird llc for approximately $50 million in cash.Says Logitech does not expect the acquisition to materially impact its FY 2017 guidance.Deal includes an additional earn-out of up to $45 million based on achievement of growth targets over next two years.Says jaybird was provided financial advice exclusively by stifel throughout acquisition process.  Full Article

More From Around the Web

Logitech looking at acquisitions after strong Q4 - CEO

ZURICH, April 26 Logitech is looking at acquisitions to accelerate growth and help expand into new product categories, Chief Executive Bracken Darrell said on Wednesday after the computer peripherals maker's fourth-quarter results beat forecasts.