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Logitech International SA (LOGI) Tops Q2 EPS by 1c; Applies for Further Stock Buybacks; Affirms

October 27, 2011 7:21 AM
Logitech International SA (NASDAQ: LOGI) reported Q2 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $589 million versus the consensus estimate of $590.62 million.

Logitech has applied for an amendment of its $250 million buyback program to enable the future repurchase of shares for cancellation.

Affirms outlook.

Categories

Earnings Guidance Stock Buybacks