Logitech (LOGI) Tops Q1 EPS by 1c, Offers Outlook
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Logitech Delivers Double-Digit Growth and Raises Outlook
July 24, 2017 9:00 PM EDTGaming, Video Collaboration, Smart Home Up Over 40%
NEWARK, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)-- Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the first quarter of Fiscal Year 2018.
Q1 sales were $530 million, up 13 percent in constant currency compared to Q1 of the prior year. Q1 sales grew 10 percent in USD. Q1 GAAP operating income grew 22 percent to $31 million, compared to $26 million a year ago. Q1 GAAP earnings per share (EPS) grew 69 percent to $0.22, compared... More