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 has unveiled the vibrant POP Keys mechanical keyboard and POP Mouse, part of its Studio Series, designed for self-expression and productivity. With customizable emoji keycaps and mechanical typing, POP Keys offers modern functions ideal for today’s work environment. The POP Mouse features an ergonomic design and multiple-device connectivity, enhancing on-the-go productivity. Both products will be available in November 2021, priced at $99.99 for POP Keys, $39.99 for POP Mouse, and $19.99 for the Logitech Desk Mat.
Logitech International (SIX: LOGN, Nasdaq: LOGI) announced its participation in two upcoming investor conferences. The Morgan Stanley European Technology, Media & Telecom Conference is set for November 18, 2021, at 6:15 p.m. GMT / 1:15 p.m. ET, followed by the Credit Suisse 25th Annual Technology Conference on December 1, 2021, at 1:10 p.m. MT / 3:10 p.m. ET. Both presentations will be webcast, and replays will be available on Logitech's corporate website.
Logitech, founded in 1981 and headquartered in Lausanne, Switzerland, designs products for computing, gaming, and music enjoyment.
Logitech International (SIX: LOGN, Nasdaq: LOGI) filed its Quarterly Report on Form 10-Q for Q2 FY 2022 with the U.S. SEC on October 28, 2021. This report is accessible on both the SEC's and Logitech's websites. Logitech, headquartered in Lausanne, Switzerland, designs products that enhance the user experience across various sectors, including computing, gaming, and music.
Logitech For Creators has launched the "Raise Your Voice" campaign to celebrate over 25 years of Blue Microphones empowering creators. This global initiative showcases various top creators, including Miley Cyrus and Marques Brownlee, discussing their experiences with Blue products. The campaign aims to inspire creators and run across digital platforms, featuring notable Blue products like the Yeti and Spark SL. This initiative will enhance brand presence and attract new customers by connecting with influential voices in the creative space.
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.