Quarterly update including financial information and Recon Research’s opinions and insights
Current Highlights
- Logitech hit a home run (or a six for cricket fans) this quarter with sales of $1.26 billion, up 75% in US dollars and 73% in constant currency (year over year)
- Operating income grew 372% to $322 million
- Net income grew to $267 million, up from $73 million a year ago
- As of this quarter, collaboration is now the second-largest business segment at Logitech, behind gaming and just ahead of keyboards and combos
