Logitech International SA (LOGN.S) Key Developments | Reuters.com
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Logitech International SA (LOGN.S)

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

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

Logitech International SA confirms FY 2016 outlook, issues FY 2017 outlook
Tuesday, 1 Mar 2016 11:30pm EST 

Logitech International SA:Reiterates FY 2016 outlook; provides FY 2017 outlook.Says outlook for FY 2017 of $185 million to $200 million in non-GAAP operating income.Still sees FY 2016 $170 million in non-GAAP operating income.  Full Article

Logitech International raises FY 2016 outlook
Wednesday, 20 Jan 2016 09:00pm EST 

Logitech International SA:Increased its profitability outlook for FY 2016 to about $170 million in non-GAAP operating income from $150 million, which included Lifesize.Company also increased its outlook for FY 2016 retail sales to 7 to 9 pct growth in constant currency, up from 7 pct.  Full Article

Logitech International SA reaffirms FY 2016 non-GAAP operating income
Wednesday, 22 Jul 2015 09:00pm EDT 

Logitech International SA:Confirmes FY 2016 outlook of $150 million in non-GAAP operating income.Sees FY 2016 retail sales growth of 7 percent in constant currency.  Full Article

Logitech International SA confirms FY 2016 non-GAAP operating income
Wednesday, 22 Apr 2015 09:00pm EDT 

Logitech International SA:Confirmed its FY 2016 outlook of $150 million in non-GAAP operating income, despite stronger currency headwinds, and 7 pct, growth for Retail Strategic sales in constant currency.  Full Article

Logitech International SA reiterates FY 2015 outlook; gives FY 2016 outlook
Wednesday, 11 Mar 2015 12:30am EDT 

Logitech International SA:Gives FY 2015 financial outlook of $2.11 billion in sales and $185 million in non-GAAP operating income.Gives outlook for FY 2016 of $2.15 billion in sales and $150 million in non-GAAP operating income.  Full Article

Logitech International SA plans FY 2015 dividend
Tuesday, 10 Mar 2015 08:00pm EDT 

Logitech International SA:Plans to request shareholder approval of Swiss franc equivalent of an $85 million dividend for FY 2015 at Logitech's next annual general meeting.Based on current exchange rates and current number of shares outstanding, this represents approx. 0.52 Swiss francs per share, double last year's dividend of 0.26 Swiss francs per share.  Full Article

Logitech International SA raises FY 2015 guidance
Wednesday, 21 Jan 2015 11:00pm EST 

Logitech International SA:Says that it has increased its profitability outlook for FY 2015 from about $170 million to about $185 million in non-GAAP operating income.Sees FY 2015 adjusted its sales for FY 2015 from about $2.16 billion to about $2.11 billion.  Full Article

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