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. (Nasdaq: LOGI; SIX: LOGN) regularly issues news and announcements that reflect its role in computer peripheral equipment manufacturing and software-enabled hardware solutions. This news page aggregates Logitech-related press releases and coverage, giving investors and followers a single place to review the company’s communications about its products, operations and corporate developments.
In its news, Logitech frequently highlights solutions that support working, creating, gaming and streaming. Recent announcements have covered topics such as video collaboration technology that uses software features to automatically select the best camera angle in hybrid meetings, workplace occupancy and environmental sensors that provide data on room usage and air quality, and a digital pencil designed for a spatial computing device with motion tracking and haptic feedback. The company also shares updates on experiential retail initiatives where visitors can interact with its products in person.
Logitech’s news flow includes financial communications, such as the timing and results of quarterly earnings, and participation in investor conferences. The company announces dates for the release of quarterly results and hosts videoconferences to discuss performance, with livestreams available through its investor relations channels. It also issues ad hoc announcements under SIX Swiss Exchange rules when required.
Other news items may address risk and governance topics, such as disclosures about a cybersecurity incident, as well as recognition for its technologies, including awards listings. By reviewing Logitech news, readers can see how the company positions its mission to extend human potential in work and play and how it reports on developments across its business, technology and corporate governance activities.
Logitech (NASDAQ: LOGI) has announced a partnership with Baidu Brain, launching the Logitech Voice M380 Wireless Mouse with Speech Input in China. This innovative mouse allows users to dictate content up to three times faster than typing, powered by Baidu's advanced speech technology. The mouse features compatibility with Windows and Mac, a dedicated voice button, and supports translations for multiple languages. Priced at 199 RMB, the product is available in China starting April 2021, emphasizing Logitech's commitment to enhancing productivity through AI-driven solutions.
Logitech International (SIX: LOGN, Nasdaq: LOGI) announced the scheduled release of its FY 2021 fourth quarter and full-year financial results on April 28, 2021, at 9:00 p.m. EDT and April 29, 2021, at 3:00 a.m. CEST. A videoconference to discuss these results will occur on April 29, 2021, at 8:30 a.m. EDT. Investors can access a livestream of the event via the Logitech corporate website. Founded in 1981 and headquartered in Lausanne, Switzerland, Logitech specializes in technology products for gaming, video, and computing, with several prominent brands under its umbrella.
Ultimate Ears and Westbrook Media have launched a year-long partnership focusing on innovative storytelling that merges traditional entertainment with branded content. The collaboration aims to promote UE FITS, the world's first custom-fit wireless earphones, using a series of short films featuring Jaden and Willow Smith. This partnership emphasizes creativity and inclusion, leveraging Westbrook's expertise in entertainment. Ultimate Ears will also host Creator Days to connect talent with digital creators for social content production.
Logitech International (SIX:LOGN) (Nasdaq:LOGI) has raised its Fiscal Year 2021 outlook to approximately 63% sales growth in constant currency, with projected non-GAAP operating income of $1.1 billion. The previous outlook anticipated 57-60% growth and $1.05 billion income. For Fiscal Year 2022, sales growth is expected to be flat, plus or minus 5%, with non-GAAP operating income between $750 million and $800 million. Long-term sales growth expectations rose to 8-10%, enhancing gross and operating margin targets.
Logitech (NASDAQ: LOGI) has launched a new brand campaign titled DEFY LOGIC. The campaign showcases creators and activists defying expectations, featuring a Super Bowl ad with Lil Nas X. This initiative emphasizes Logitech's commitment to supporting diverse talents and promoting sustainability and equality through its products. The campaign will also appear during the GRAMMY Awards and across various media platforms, spotlighting the stories of individuals committed to creative innovation and social change.
Logitech International (SIX: LOGN, Nasdaq: LOGI) filed its Quarterly Report on Form 10-Q for Q3 of Fiscal Year 2021 with the U.S. SEC on January 21, 2021. The details of the filing are accessible through both the SEC and Logitech's official website. Founded in 1981 and headquartered in Lausanne, Switzerland, Logitech is recognized for its diverse product offerings, connecting users through music, gaming, and computing. The company operates multiple brands including Logitech G, ASTRO Gaming, and Blue Microphones.
Logitech International reported impressive Q3 FY 2021 results, with sales reaching $1.67 billion, up 85% year-over-year. GAAP operating income surged 248% to $448 million, and GAAP earnings per share (EPS) increased 222% to $2.22. Non-GAAP operating income also rose 214% to $476 million, while non-GAAP EPS jumped 192% to $2.45. Logitech raised its annual outlook for sales growth to between 57% and 60% in constant currency, reflecting the strength of its portfolio and investments in growth areas.
Logitech (SIX: LOGN, NASDAQ: LOGI) has launched a next-generation portfolio of video conferencing solutions, including the Rally Bar and Rally Bar Mini, aimed at enhancing meeting experiences in hybrid work environments. The devices support major platforms like Microsoft Teams and Zoom, featuring high-resolution optics, advanced audio technology, and AI capabilities. Pricing starts at $3,999 for the Rally Bar. Logitech emphasizes ease of use and management, aiming to optimize video conferencing across all room sizes.
Logitech (SIX: LOGN, NASDAQ: LOGI) has unveiled a next-generation portfolio of video conferencing solutions, enhancing the meeting experience with products like the Rally Bar and Rally Bar Mini. These devices offer cinema-quality video and clear audio, adaptable for small to large meeting rooms. The Rally Bar supports major conferencing platforms such as Microsoft Teams and Zoom, and integrates AI for optimized performance. Pricing starts at $3,999 for Rally Bar, $2,999 for Rally Bar Mini, and $999 for Logitech RoomMate, aiming to streamline user experiences in hybrid work environments.
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