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Logitech: full-year targets raised

(CercleFinance.com) - On Monday evening, Logitech International raised its targets for the 2024-25 financial year from $700 to $730 million to between $720 and $750 million in non-GAAP operating profit.


Similarly, the Swiss supplier of computer accessories expects annual sales of between $4.39 and $4.47 billion, compared with a previous target range of between $4.34 and $4.43 billion.

In its second accounting quarter, non-GAAP EPS rose by 10% to $1.20 and non-GAAP operating profit by 5% to $193 million, on revenues up 6% to $1.12 billion.

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