October 24, 2017 / 5:49 AM / a month ago

Logitech CEO Darrell upbeat about Q3 prospects

ZURICH, Oct 24 (Reuters) - Logitech Chief Executive Bracken Darrell said he felt confident about the company’s third quarter - traditionally its biggest of the year - after the maker of peripherals for gaming consoles and PCs beat forecasts in its latest quarter.

The latest results helped Logitech confirm its full-year outlook of increasing sales in the 10 percent to 12 percent range, along with achieving operating income of $260-270 million.

Darrell said he did not want to adjust the guidance, which was raised in July. “We have had a strong quarter and feel excited about the third quarter,” Darrell told Reuters in an interview on Tuesday. “We have good momentum.” (Reporting by John Revill; Editing by Michael Shields)

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