Logitech raises full-year sales outlook after strong Q2 results, with 6% revenue increase.
Logitech International has raised its full-year sales outlook to between $4.39 billion and $4.47 billion after strong second-quarter results. Revenue reached $1.12 billion, a 6% increase, exceeding analyst expectations. Non-GAAP operating income rose 5% to $193 million, surpassing forecasts. Net income for the quarter was $145.48 million, up from $137.12 million last year. The positive performance has bolstered confidence in Logitech's business momentum.
October 22, 2024
15 Articles