Logitech: reaffirms 2019 outlook, shares up
(CercleFinance.com) - Swiss peripherals maker Logitech reaffirmed its 2019 outlook on Wednesday at a meeting with financial analysts and investors in Zurich, which sent its shares up slightly.
For 2019, the company said it expects to earn 340 million dollars to 345 million dollars in non-GAAP operating income, on sales growth of 9%-11% at constant currencies.
In a statement, Logitech - which has grown up with the PC - said its business is currently driven by the gaming, video collaboration and creativity markets.
Logitech International shares were up almost 1.5% at 38.4 Swiss francs in morning trading on Wednesday.
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For 2019, the company said it expects to earn 340 million dollars to 345 million dollars in non-GAAP operating income, on sales growth of 9%-11% at constant currencies.
In a statement, Logitech - which has grown up with the PC - said its business is currently driven by the gaming, video collaboration and creativity markets.
Logitech International shares were up almost 1.5% at 38.4 Swiss francs in morning trading on Wednesday.
Copyright (c) 2019 CercleFinance.com. All rights reserved.