Logitech International SA

LOGN

Equity

ISIN CH0025751329 / Valor 2575132

SIX Swiss Exchange (2024-11-21)

CHF 70.26+2.57%

Logitech International SA
UMushroom community rating:

3.00 1 votes No rating yet

NegativeNeutralPositive

About company

Logitech International SA is a Swiss company that designs and sells a wide range of products aimed at enhancing the way people connect and interact with the digital world. With a focus on innovation and quality, Logitech's brands include Logitech, Logitech G, ASTRO Gaming, Ultimate Ears, Jaybird, Blue Microphones, and Streamlabs. The company's products cater to various needs such as music, gaming, streaming, video, and computing, with the goal of bringing people together and helping businesses thrive. With over 40 years of experience, Logitech has established itself as a leader in product design and global reach, keeping design at the forefront of its creations to deliver unique and meaningful experiences for its customers.

Summarized from source with an LLMView SourceSector: Technology

Q4 Fiscal Year 2024 Sales

Logitech International SA reported sales of $1.01 billion for the fourth quarter of Fiscal Year 2024, marking a 5 percent increase in both US dollars and constant currency compared to the same quarter of the previous year.

Q4 Fiscal Year 2024 Operating Income

The company achieved a GAAP operating income of $130 million in Q4 Fiscal Year 2024, which represents a significant 235 percent increase compared to the fourth quarter of the prior year. Non-GAAP operating income was $159 million, up 93 percent year-over-year.

Q4 Fiscal Year 2024 Earnings Per Share

Logitech International SA's GAAP earnings per share (EPS) for Q4 Fiscal Year 2024 were $1.07, reflecting a 312 percent increase from the same period last year. Non-GAAP EPS was $0.99, up 98 percent compared to the prior year.

Full Fiscal Year 2024 Financial Performance

For the full Fiscal Year 2024, Logitech International SA reported sales of $4.30 billion, a decrease of 5 percent in US dollars and 6 percent in constant currency compared to the previous year. GAAP operating income was $587 million, up 28 percent, while non-GAAP operating income was $699 million, up 19 percent year-over-year.

Fiscal Year 2025 Outlook

Looking ahead, Logitech International SA has provided its outlook for Fiscal Year 2025, projecting sales between $4.3 billion and $4.4 billion, with a year-over-year sales growth of 0% to 2% in US dollars. The company also expects non-GAAP operating income to be in the range of $685 million to $715 million.

Summarized from source with an LLMView Source

Key figures

-6.97%1Y

-7.75%3Y

65.0%5Y

Performance

26.1%1Y

34.8%3Y

35.4%5Y

Volatility