Logitech: raises targets for FY 2024-25

(CercleFinance.com) - Logitech International raised its targets for FY 2024-25 on Monday evening, now expecting non-GAAP operating profit of $720m to $750m, up from $700m to $730m previously.


Likewise, the Swiss supplier of computer accessories expects annual sales of $4.39bn and $4.47bn, vs. a previous target range of $4.34bn and $4.43bn.

Q2 non-GAAP EPS rose by 10% to $1.20, while non-GAAP operating profit increased 5% to $193m, on revenues that are up 6% at $1.12bn.


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