Logitech International SA (LOGN.S)

LOGN.S on Virt-X Level 1

16 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Logitech reports Q2 non-GAAP earnings per share $0.40
Tuesday, 24 Oct 2017 

Oct 23 (Reuters) - Logitech International Sa :Logitech delivers strong Q2 sales and profit growth.Q2 non-GAAP earnings per share $0.40.Q2 GAAP earnings per share $0.34.Q2 sales $634 million.Sees FY 2018 sales up 10 to 12 percent.Logitech International- outlook for FY 2018 is 10 to 12 percent sales growth in constant currency and $260 to $270 million in non-GAAP operating income​.Q2 earnings per share view $0.36, revenue view $629.9 million -- Thomson Reuters I/B/E/S.Fy2018 revenue view $2.46 billion -- Thomson Reuters I/B/E/S.  Full Article

Logitech acquires Astro Gaming
Saturday, 12 Aug 2017 

Aug 11 (Reuters) - Logitech International Sa -:Logitech acquires Astro Gaming.  Full Article

Logitech CEO says confident company can reach new raised guidance
Thursday, 28 Jul 2016 

: 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
Thursday, 28 Jul 2016 

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
Thursday, 28 Apr 2016 

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
Wednesday, 20 Apr 2016 

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
Wednesday, 13 Apr 2016 

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
Wednesday, 2 Mar 2016 

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 CEO Darrell upbeat about Q3 prospects

ZURICH, Oct 24 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.