---
schema_version: "secwatch.filing_event.v1"
accession: "0001032975-23-000075"
form_type: "8-K"
ticker: "LOGI"
cik: "0001032975"
company_name: "LOGITECH INTERNATIONAL S.A."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:13:57.923355+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# Logitech Q2 sales $1.06B (-8% YoY); raises FY2024 outlook above expectations

## Summary
- Q2 GAAP EPS $0.86 (+72% YoY); Non-GAAP EPS $1.09 (+30% YoY).
- GAAP operating income $157M (+23% YoY); Non-GAAP op income $183M (+17%).
- FY2024 guidance raised: sales $4.0-4.15B, Non-GAAP op income $525-575M.
- Operating cash flow $223M, up $150M YoY; returned $276M to shareholders.
- Gross margin expanded to 42.0%; operating expense down 9% YoY.

## SEC filing metadata
- accession: 0001032975-23-000075
- form_type: 8-K
- ticker: LOGI
- cik: 0001032975
- company_name: LOGITECH INTERNATIONAL S.A.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032975/000103297523000075/0001032975-23-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032975/000103297523000075/logi-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001032975-23-000075
- JSON: https://secwatch.observer/filing/0001032975-23-000075.json
- Plain text: https://secwatch.observer/filing/0001032975-23-000075.txt

## Key facts
- Earnings Releases
  LOGITECH INTERNATIONAL S.A. reported the second quarter of Fiscal Year 2024 results: revenue $1.06 billion, EPS $0.86. Guidance raised.
  - Period: the second quarter of Fiscal Year 2024
  - Revenue: $1.06 billion
  - EPS: $0.86
  - Guidance: raised
  - Result: reported results
  source text: Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the second quarter of Fiscal Year 2024. • Sales were $1.06 billion, down 8 percent in US dollars and 9 percent in constant currency, compared to the prior year. • GAAP operating income was $157 million, up 23 percent compared to the prior year. Non-GAAP operating income was $183 million, up 17 percent compared to the prior year. In the quarter, the Company continued to reduce operating expenses, down 9 percent compared to the prior year, in line with the decline in net sales. • GAAP earnings per share (EPS) was $0.86, up 72 percent compared to the prior year. Non-GAAP EPS was $1.09, up 30 percent compared to the prior year. • Cash flow from operations was $223 million, up $150 million compared to the prior year. The quarter-ending cash balance was $1.16 billion. In the quarter, the Company returned $276 million of cash to shareholders through its annual dividend payment and share repurchases.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1032975/000103297523000075/0001032975-23-000075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.