Logitech (LOGI) Tops Q2 EPS by 2c

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Go back to Logitech (LOGI) Tops Q2 EPS by 2c

Logitech Q2 Delivers Best Retail Sales Growth Since 2010

October 21, 2015 9:00 PM EDT

Retail Sales Up 12 Percent in Constant Currency

NEWARK, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)-- Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the second quarter of Fiscal Year 2016.

Q2 sales were $540 million, up 2 percent compared to Q2 of the prior year. Q2 retail sales (total sales excluding OEM and Lifesize) were $496 million and grew 12 percent in constant currency. Q2 GAAP operating income was $26 million. Q2 GAAP earnings per share (EPS) were $0.11, compared to $0.22 in... More