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 International (LOGI) reported its Q2 Fiscal Year 2021 results, achieving record sales of $1.26 billion, up 75% from the previous year. GAAP operating income surged 372% to $322 million, with GAAP earnings per share increasing 263% to $1.56. Non-GAAP measures also showed significant growth, with operating income at $354 million (up 295%) and EPS at $1.87 (up 274%). The company raised its sales growth outlook to 35-40% for the fiscal year, highlighting strong demand in a hybrid work culture and gaming sector.
Logitech International (Nasdaq: LOGI) will release its quarterly financial results on October 19, 2020, at 9:00 p.m. EDT, and on October 20, 2020, at 3:00 a.m. CEST. A videoconference to discuss these results is scheduled for October 20, 2020, at 8:30 a.m. EDT and 2:30 p.m. CEST. Investors can access the livestream on Logitech's corporate website. With a history of over 35 years, Logitech designs products that connect people through various digital experiences.
ASTRO Gaming, a leader in premium gaming audio products, has launched the A03 In-Ear Monitor (IEM). This new model is engineered for mobile and console gaming, featuring two separate drivers in each ear to enhance bass and mids/highs. Priced at 49.99 USD, the A03 IEM is compatible with major gaming consoles and devices including Xbox, PlayStation, and Nintendo Switch. The product emphasizes sound quality, comfort, and durability with features like silicone ear tips and a sturdy aluminum housing.