Welcome to our dedicated page for Logitech International SA news (Ticker: $LOGI), a resource for investors and traders seeking the latest updates and insights on Logitech International SA stock.
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Logitech announced the availability of the new Logitech Combo Touch keyboard case for the redesigned iPad Air and iPad Pro models. The Combo Touch features a large trackpad, detachable keyboard, and flexible kickstand, offering versatility and portability for users to be productive from anywhere. Made with sustainable materials, this keyboard case provides form-fit protection while enhancing user experience with well-spaced backlit keys and shortcut keys. The Combo Touch is available for iPad Air and iPad Pro models in different sizes and colors, offering a seamless blend of premium quality and functionality.
Logitech G is celebrating the 10th anniversary of the iconic G502 gaming mouse, a best-seller with over 21 million units sold. The mouse is known for its performance, innovative design, and comfort. The celebration includes special activations, giveaways, and partnerships with PUBG: BATTLEGROUNDS.
Logitech reported a strong fourth quarter with sales up 5% in Q4 Fiscal Year 2024, showing a return to growth. GAAP operating income increased by 235%, GAAP EPS by 312%, and non-GAAP operating income by 93%. For the full Fiscal Year 2024, sales were down 5%, but GAAP operating income increased by 28%, GAAP EPS by 74%, and non-GAAP EPS by 32%. Cash flow from operations increased significantly. The company announced a positive outlook for Fiscal Year 2025, with sales projected at $4.3 - $4.4 billion and non-GAAP operating income of $685 - $715 million.
