Welcome to our dedicated page for Logitech Intl S A news (Ticker: LOGI), a resource for investors and traders seeking the latest updates and insights on Logitech Intl S A stock.
Logitech International S.A. reports developments tied to its software-enabled hardware business for work, creation and gaming. News commonly covers financial results, capital allocation through share buybacks and dividends, and product introductions across keyboards, mice, webcams, conference room cameras, headsets and related accessories.
Company updates also feature the Logitech G gaming business, including gaming keyboards and performance peripherals, as well as education and productivity accessories such as Rugged Combo keyboard cases for iPad. Other recurring items include management appointments, board-approved capital actions and disclosures from Logitech's Swiss public-company structure and Nasdaq-listed registered shares.
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.
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