Logitech Intl S A Stock Price, News & Analysis

Logitech G has introduced the G309 LIGHTSPEED Wireless Gaming Mouse, targeting gamers of all levels with advanced features and technologies. Priced at $79.99 and available from July 9, 2024, the mouse features dual-wireless connectivity, precision tracking, and the efficient HERO 25K sensor, offering over 300 hours of continuous gameplay with a 1 ms report rate on one AA battery, and 600 hours in Bluetooth mode. The mouse weighs 86 grams with the battery and 68 grams without it when using the POWERPLAY wireless charging system. The G309 also incorporates LIGHTSPEED technology for faster performance than wired mice and LIGHTFORCE hybrid optical-mechanical switches for improved actuation and response.

Logitech International (LOGI) has announced the release date for its first quarter financial results for Fiscal Year 2025. The results will be disclosed on Monday, July 22, 2024, at 6:00 p.m. Pacific Daylight Time and on Tuesday, July 23, 2024, at 3:00 a.m. Central European Summer Time.

A video conference to discuss these outcomes is scheduled for Tuesday, July 23, 2024, at 5:30 a.m. Pacific Daylight Time and 2:30 p.m. Central European Summer Time. Interested parties can access a livestream of the event on Logitech's corporate website at http://ir.logitech.com.

Logitech International announced significant changes to its board of directors, proposing the election of new members at the upcoming AGM on September 4, 2024. The nominees include Donald Allan, CEO of Stanley Black & Decker, Owen Mahoney, former CEO of Nexon, and Hanneke Faber, current CEO of Logitech. Patrick Aebischer will leave the board this fall due to tenure limits, and Wendy Becker, the current chairperson, will not seek reelection at the 2025 AGM. A committee, chaired by Chris Jones, will recommend Becker's successor. These changes aim to strengthen Logitech's leadership and strategic direction.

Ultimate Ears, a Logitech brand (NASDAQ: LOGI), has launched the EVERBOOM, a durable, portable speaker with 360° sound. The EVERBOOM features an IP67 rating, making it waterproof, dustproof, and floatable with a 55-meter Bluetooth range and 20 hours of playtime. It also has an Outdoor Boost button for enhanced bass, and an NFC feature for easy Bluetooth connection. Additionally, Ultimate Ears has updated its WONDERBOOM 4, BOOM 4, and MEGABOOM 4 speakers with recycled materials, enhanced sound, new colors, and USB-C charging ports. These products will be available in North America starting June 26, 2024, with prices ranging from $99.99 to $249.99.

Logitech G has announced the G515 LIGHTSPEED TKL Wireless Gaming Keyboard, combining advanced technologies and high-performance features in a sleek, low-profile design. At just 22 mm high, the G515 offers a comfortable and efficient typing experience with low-profile switches that activate at 1.3mm and travel 3.2mm, enhancing gaming performance.

Key features include the new KEYCONTROL technology, which allows each key to perform up to 15 different actions, LIGHTSYNC RGB lighting with 16.8M colors, and versatile tri-mode connectivity options (LIGHTSPEED wireless, Bluetooth, and USB-C wired). The G515 offers up to 36 hours of continuous gameplay and is available in Black and White for $139 (wireless) and $99 (wired).

Logitech's Chief Legal Officer, Samantha Harnett, highlights the company's commitment to LGBTQ allyship in a recent press release. The PR emphasizes Logitech's partnership with GLAAD to promote LGBTQ representation in gaming. According to GLAAD's inaugural Gaming Report, sponsored by Logitech, 20% of gamers identify as LGBTQ, yet less than 2% of gaming content includes LGBTQ stories. Logitech actively supports LGBTQ rights by advocating for marriage equality and opposing discriminatory laws. This commitment extends to standing against extremist threats towards companies celebrating Pride. As Harnett notes, global LGBTQ rights remain under threat, with over 65 countries criminalizing LGBTQ relationships and a surge in discriminatory laws in the US. Logitech's actions demonstrate their dedication to equality and active allyship.

Logitech has introduced the Keys-To-Go 2, an ultra-portable wireless keyboard designed for tablets, mobile devices, and laptops. It features a built-in cover for protection and a slim design for easy portability. The keyboard is multi-OS compatible, allowing seamless work across various devices. It connects via Bluetooth and supports up to three devices simultaneously. Available in Lilac, Pale Grey, and Graphite, it offers a comfortable typing experience with scissor keys. The product is sustainably designed, using recycled materials. It will be available globally in June 2024 for $79.99.

Logitech's new film, produced by BBC StoryWorks, emphasizes closing the gender gap in STEM fields. Highlighting the story of 11-year-old Leddy from Kenya, the film showcases the impact of inspiring role models like Aisha Bowe, a former NASA engineer, and future Blue Origin astronaut. The film is part of 'The Human Component,' a series revealing technology's potential to improve lives. Logitech supports TechLit Africa, founded by CNN Hero Nelly Cheboi, to teach digital skills in rural Africa. The initiative aims to inspire girls to pursue STEM careers.

Logitech has announced a new lineup of products designed for Mac users, including the MX for Mac and Ergo Series Wave Keys for Mac. The products, such as the MX Keys S for Mac, MX Anywhere 3S for Mac, and the Ergo Wave Keys for Mac, are designed to enhance productivity, comfort, and sustainability.

The devices feature dedicated macOS layouts and colors matching Apple's design aesthetics. Key features include quieter clicks, 8K resolution tracking, and smart illumination. Logitech emphasizes sustainability, using up to 78% Next Life recycled plastic and reducing the carbon footprint of the MX Keys S for Mac by 11% over its previous version.

These products will be available globally in May 2024, with prices ranging from $59.99 to $199.99.