Logitech Intl S A Stock Price, News & Analysis

Logitech International (SIX: LOGN, Nasdaq: LOGI) reported Q2 Fiscal Year 2022 sales of $1.31 billion, a 4% increase in US dollars and 2% in constant currency compared to the previous year. However, GAAP operating income fell 44% to $179 million, and earnings per share (EPS) declined 48% to $0.81. Non-GAAP operating income also decreased by 40% to $211 million, with non-GAAP EPS down 44% to $1.05. Logitech confirmed its full-year outlook of flat sales growth in constant currency, targeting $800 million to $850 million in non-GAAP operating income.

Logitech For Creators introduces the Mevo Start 3-Pack, a wireless live streaming ecosystem priced under $1,000. This package includes three portable Mevo Start cameras, capable of recording in 1080p HD and designed for easy streaming from smartphones. The Mevo Multicam app allows for seamless control of multiple cameras, enabling creators to produce professional-quality broadcasts. The system supports long streams with a battery life of up to six hours and is available for purchase starting October 2021.

Logitech G, a brand of Logitech (NASDAQ: LOGI), in partnership with Riot Games, has launched a new League of Legends PC gaming gear collection. This collectible series features the PRO X Gaming Headset, PRO Wireless Gaming Mouse, PRO Mechanical Gaming Keyboard, and G840 XL Gaming Mouse Pad, all designed with the iconic Hextech aesthetics of the game. The products emphasize high performance and aim to enhance the gaming experience for League players with advanced features and durability, retailing between $49.99 and $129.99.

Ultimate Ears, a brand under Logitech, has announced a partnership with Black Girls CODE, a nonprofit organization dedicated to providing tech education to Black girls. This collaboration includes a monetary donation, mentorship opportunities, and technical workshops aimed at addressing barriers for women of color in the tech industry. Willow Smith, a key figure in this initiative, performed in New York to celebrate International Day of the Girl. The goal is to inspire future generations and promote diversity and inclusion within technology.

ASTRO Gaming launched the ASTRO.ID Collection 2 on October 5, enabling gamers to customize A40 headsets with over 500,000 color combinations. This new collection includes eight colors from the 'Super Fresh' palette and expands customization options across six headset components. The headsets retail for $199.99 and will be shipped within four weeks. The success of the previous collection prompted this rollout, now available in Europe as well. ASTRO Gaming, part of Logitech, is recognized for its high-quality gaming gear.

Logitech International (Nasdaq: LOGI) announced it will release its FY 2022 Q2 financial results on October 25, 2021, at 9:00 p.m. EDT. A videoconference to discuss these results will occur on October 26, 2021, at 8:30 a.m. EDT, streamed live on Logitech's corporate website. Logitech designs and creates products for computing, gaming, video, and music, headquartered in Lausanne, Switzerland.

Logitech announces the launch of Blue VO!CE, an advanced software for Yeti microphones, enhancing audio capabilities for creators. This free upgrade provides voice modulation effects and HD audio samples, promoting creativity for gamers, podcasters, and musicians. Key features include customizable voice presets and easy integration with Logitech G HUB for streamlined audio control. Available now for Yeti, Yeti Nano, and Yeti X users, Blue VO!CE aims to elevate streaming and content production.

Logitech has launched the MX Keys Mini and MX Keys Mini for Mac, compact wireless keyboards designed for creators. These keyboards maintain key features from the original MX Keys but in a minimalist format to enhance workspace efficiency. Notable features include Perfect Stroke technology, USB-C quick charging, and compatibility across multiple operating systems. The keyboards also feature sustainable design elements, with a percentage of parts made from post-consumer recycled plastic. Priced at $99.99, they are available from Logitech and numerous retailers.

Logitech G has launched the G435 LIGHTSPEED Wireless Gaming Headset, an ultra-lightweight device weighing only 5.8 oz, priced at $79.99. Designed for modern gamers, it emphasizes comfort, sustainability, and multi-platform compatibility, including PC and PlayStation. The headset is certified CarbonNeutral®, includes at least 22% recycled materials, and has features like dual beamforming mics for clear communication. Available from September 2021, the G435 comes in vibrant colors catering to individual styles, further enhancing Logitech's commitment to eco-friendly gaming products.