{"schema_version":"secwatch.filing_event.v1","accession":"0001032975-23-000050","form_type":"8-K","ticker":"LOGI","cik":"0001032975","company_name":"LOGITECH INTERNATIONAL S.A.","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.937977+00:00","generated_at":"2026-06-13T02:43:56.400023+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Logitech Q1 FY24 sales down 16% to $974M; GAAP EPS $0.39; raises H1 outlook","bullets":["Sales $974M (-16% YoY); non-GAAP operating income $109M (-25% YoY).","GAAP EPS $0.39 (-36% YoY); non-GAAP EPS $0.65 (-12% YoY).","Cash from ops $240M (up $275M YoY); ending cash $1.25B.","Raised H1 FY24 sales outlook to $1.875-$1.975B (prev $1.8-$1.9B).","Full FY24 outlook: sales $3.8-$4.0B, non-GAAP op. income $400-$500M."],"urls":{"canonical":"https://secwatch.observer/filing/0001032975-23-000050","json":"https://secwatch.observer/filing/0001032975-23-000050.json","markdown":"https://secwatch.observer/filing/0001032975-23-000050.md","text":"https://secwatch.observer/filing/0001032975-23-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1032975/000103297523000050/0001032975-23-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1032975/000103297523000050/logi-20230724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:43:56.400023+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"21f2e496f215597726eee9e1ac106b529945aeab","claim":"LOGITECH INTERNATIONAL S.A. updated its Fiscal Year 2024 guidance (initiated).","evidence_excerpt":"Logitech also provided an estimated full-year outlook for Fiscal Year 2024: Full FY 2024 outlook Sales $3.8 - $4.0 billion Sales decline (in US dollars, year over year) 16% - 12% Non-GAAP operating income $400 - $500 million Non-GAAP op. inc. decline (year over year) 32% - 15%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1032975/000103297523000050/0001032975-23-000050-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal Year 2024"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"3c46d0e83517162efc8b4c9afd345cbd9d8929b3","claim":"LOGITECH INTERNATIONAL S.A. updated its first half of Fiscal Year 2024 guidance (raised).","evidence_excerpt":"Logitech raised its outlook for the first half of Fiscal Year 2024: Previous H1 2024 outlook New H1 2024 outlook Sales $1.8 - $1.9 billion $1.875 - $1.975 billion Sales decline (in US dollars, year over year) 22% - 18% 19% - 14% Non-GAAP operating income $160 - $190 million $180 - $220 million Non-GAAP op. inc. decline (year over year) 47% - 37% 40% - 27%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1032975/000103297523000050/0001032975-23-000050-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first half of Fiscal Year 2024"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"a8782e0695d8d01413fd52e3ef3448f0b5121bb6","claim":"LOGITECH INTERNATIONAL S.A. reported first quarter of Fiscal Year 2024 results: revenue $974 million, EPS $0.39.","evidence_excerpt":"• Sales were $974 million, down 16 percent in US dollars and 15 percent in constant currency, compared to the prior year. • GAAP operating income was $78 million, down 32 percent compared to the prior year. Non-GAAP operating income was $109 million, down 25 percent compared to the prior year. • GAAP earnings per share (EPS) was $0.39, down 36 percent compared to the prior year. Non-GAAP EPS was $0.65, down 12 percent compared to the prior year. • Cash flow from operations was $240 million, up $275 million compared to the prior year. The quarter-ending cash balance was $1.25 billion.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1032975/000103297523000050/0001032975-23-000050-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of Fiscal Year 2024"},{"label":"Revenue","value":"$974 million"},{"label":"EPS","value":"$0.39"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}