From Wall Street – Logitech – CY2017-Q4

Diversification delivers strong results

Summary of the Earnings Report

Logitech reported its biggest quarter ever during CY2017-Q4 (FY2018-Q3), with sales of over $810M for the quarter, up 18% year-over-year in constant currency despite flat results in EMEA.  (When measured without constant currency, the 18% becomes 22%).  Growth varied widely between the nine categories in which Logitech reports results, including the video collaboration segment which was flat on a sequential basis but showed strong year-over-year growth – see table below.

The collaboration category includes Logitech group, ConferenceCam Connect, MeetUp, and the BRIO webcam – and still represents less than 10% of total revenues.  Operating income on the reported revenue total was $117M.

The Numbers

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