The company now expects sales growth for the full year at 57% to 60% in constant currency terms and adjusted operating income of $1.05 billion.
During the three months to the end of September, Logitech sales rose 75% to $1.26 billion. Net income more than tripled to $266.9 million.
The company said its fiscal fourth-quarter sales rose to $709.2 million, compared with $624.3 million a year ago.
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Logitech International SA is a Switzerland-based provider of personal computer and mobile accessories for navigation, video communication and collaboration, smart home, and other applications. Its product portfolio includes mice, keyboards, charging stands, tablet cases, car mounts for mobile devices, remotes, home cameras, home switches, controllers, bluetooth speakers, surround sound, webcams, and conference cameras. The firm generates revenue in the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions.
Website: | www.logitech.com |
Main Phone: | +41 218635511 |
Address: | EPFL - Quartier de l'Innovation |
Address 2: | Daniel Borel Innovation Center |
State: | CA |
City / Town: | Lausanne |
Country: | CH |
Postal Code: | 1015 |
Exchange: | NGS |
CEO: | Bracken Darrell |
Employees: | 6600 |
NAICS: | Electronic Computer Manufacturing(334111) |
The company now expects sales growth for the full year at 57% to 60% in constant currency terms and adjusted operating income of $1.05 billion.
During the three months to the end of September, Logitech sales rose 75% to $1.26 billion. Net income more than tripled to $266.9 million.
The company said its fiscal fourth-quarter sales rose to $709.2 million, compared with $624.3 million a year ago.
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