Logitech (LOGI) Tops Q2 EPS by 5c

Late Monday, Logitech (NASDAQ: LOGI) reported Q2 EPS of $0.40, $0.05 better than the analyst estimate of $0.35. Revenue for the quarter came in at $634 million versus the consensus estimate of $619.61 million.

“We delivered another strong quarter of growth,” said Bracken Darrell, Logitech president and chief executive officer. “Gaming and Video Collaboration categories showed particular strength and momentum. And we have a diverse and strong portfolio overall. We’re entering the second half of the year with a wide range of exciting products ahead of the holiday season.”

Outlook

Logitech’s outlook for Fiscal Year 2018 is 10 to 12 percent sales growth in constant currency and $260 to $270 million in non-GAAP operating income.

For earnings history and earnings-related data on Logitech (LOGI) click here.

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