Logitech’s Quarterly Results

This note provides Recon Research’s opinions and insight into Logitech’s Quarterly Results for FY2022-Q3.

Current Highlights

• Top-line revenue of $1.63B, down 2% in US $ and constant currency year over year.
• GAAP operating income down 41% to $263M compared to $448M year over year.
• GAAP net income down 45% to $210M compared to $383 year over year.
• Video Collaboration sales of $287M, up 24% quarter over quarter and down 2% year over year.
• PC Webcam sales of $115M, up 22% quarter over quarter and down 13% year over year.

NOTES

This note covers the three months ending December 31, 2021.