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Generative AI Is Set to Drive Solid Growth in This Market: 1 Incredibly Cheap Stock You Can Buy to Make the Most of This Red-Hot Opportunity
The Motley Fool· 2024-10-25 09:30
This computer peripherals manufacturer is witnessing a turnaround in its fortunes, thanks to a recovery in the PC market.Sales of personal computers (PCs) haven't been in great shape of late, and have been patchy at best. Per market research firm IDC, global PC shipments declined 2.4% year over year in the third quarter of 2024 after witnessing modest recovery in the previous two quarters.The situation was much worse last year and in 2022, when PC shipments dropped 14% and 16.5%, respectively, as the indust ...
Logitech (LOGI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-25 00:31
For the quarter ended September 2024, Logitech (LOGI) reported revenue of $1.12 billion, up 5.6% over the same period last year. EPS came in at $1.20, compared to $1.09 in the year-ago quarter.The reported revenue represents a surprise of +2.31% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $1.10, the EPS surprise was +9.09%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...
Logitech(LOGI) - 2025 Q2 - Quarterly Report
2024-10-24 20:29
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number: 0-29174 LOGITECH INTERNATIONAL S.A. (Exact name of registrant as specified in its charter) Canton of Vaud, Sw ...
Logitech International Analysts Slash Their Forecasts Following Q2 Results
Benzinga· 2024-10-23 18:12
Logitech International S.A. LOGI reported better-than-expected second-quarter FY25 results on Tuesday.Revenue rose 6% (both reported and constant currencies) to $1.116 billion, marginally exceeding the consensus of $1.11 billion. Adjusted EPS of $1.20 beat the consensus of $0.99.The company raised its FY25 sales outlook to $4.39 billion -$4.47 billion, up 2% – 4% (from the previously expected $4.34 billion – $4.43 billion) versus the consensus of $4.512 billion. Logitech now sees an adjusted operating incom ...
Why Logitech Is Down Today
The Motley Fool· 2024-10-22 17:17
It took surprisingly little to rattle investors, leading one to wonder if this steep sell-off was going to materialize no matter what.Shares of Logitech International (LOGI -9.02%) should be up today. The company's fiscal Q2 sales and earnings -- reported Monday -- both topped expectations. The maker of computer peripherals even raised its full-year revenue guidance. That improved sales outlook, however, just wasn't improved enough to please investors and the stock is down 9.5% around 1:10 p.m. ET.NitpickyF ...
Logitech Q2 Earnings Beat: Can Strong Sales View Lift the Stock?
ZACKS· 2024-10-22 16:25
Logitech International S.A. (LOGI) reported second-quarter fiscal 2025 non-GAAP earnings of $1.2 per share, which beat the Zacks Consensus Estimate of $1.1 and increased 10% year over year. The company’s bottom-line results mainly benefited from increased revenues and lower product costs, slightly offset by rising promotional spending leading to gross margin expansion.Logitech’s second-quarter revenues of $1.12 billion outpaced the consensus mark of $1.09 billion. Moreover, the top line marked a year-over-y ...
Logitech(LOGI) - 2025 Q2 - Earnings Call Transcript
2024-10-22 15:35
Logitech International S.A. (NASDAQ:LOGI) Q2 2025 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Nate Melihercik - Head of Global IR Hanneke Faber - CEO Matteo Anversa - CFO Conference Call Participants Asiya Merchant - Citigroup Samik Chatterjee - J.P.Morgan George Wang - Barclays George Brown - Deutsche Bank Erik Woodring - Morgan Stanley Joern Iffert - UBS Michael Foeth - Vontobel Ananda Baruah - Loop Capital Nate Melihercik Good morning and good afternoon. Welcome to Logitech' ...
Logitech(LOGI) - 2025 Q2 - Quarterly Results
2024-10-22 01:06
Exhibit 99.1 Editorial Contacts: Kate Beerkens, Director of Investor Relations - ir@logitech.com Nicole Kenyon, Head of Global Corporate and Internal Communications - nkenyon@logitech.com (USA) Ben Starkie, Corporate Communications - +41 (0) 79-292-3499, bstarkie1@logitech.com (Europe/Asia) Logitech Announces Q2 Fiscal Year 2025 Results Company Delivers 6% Sales Growth and Strong Profitability; Raises FY 2025 Outlook LAUSANNE, Switzerland, Oct. 22, 2024 and SAN JOSE, Calif., Oct. 21, 2024 — SIX Swiss Exchan ...
Unveiling Logitech (LOGI) Q2 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-16 14:21
In its upcoming report, Logitech (LOGI) is predicted by Wall Street analysts to post quarterly earnings of $1.10 per share, reflecting an increase of 0.9% compared to the same period last year. Revenues are forecasted to be $1.09 billion, representing a year-over-year increase of 3.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company a ...
Logitech: With The Valuation No Longer An Issue, This Stock Is Not Just For Your Radar
Seeking Alpha· 2024-10-14 09:33
With the ascension of companies like NVIDIA ( NVDA ), manufacturing stocks in the tech space may be the key to portfolio success. Tech spending may see a surge in the coming months with the We like to find those obscure stocks and discuss them. Also enjoy covering companies such as HSBC and Watches of Switzerland among others. Analyst's Disclosure: I/we have a beneficial long position in the shares of LOGI either through stock ownership, options, or other derivatives. I wrote this article myself, and it exp ...