Logitech raises FY2024 outlook; Q3 revenue $1.26B, GAAP EPS $1.55

LOGITECH INTERNATIONAL S.A.

2024-Q3 EPS reported $2.80 revenue$3,286,980,000

Q3 sales fell 1% YoY to $1.26B; GAAP operating income up 26% to $222M.
GAAP EPS of $1.55 surged 80% YoY; non-GAAP EPS up 34% to $1.53.
Cash flow from operations rose 58% to $443M; returned $188M via buybacks.
FY2024 sales guidance raised to $4.2-$4.25B from $4.0-$4.15B.
Non-GAAP operating income outlook raised to $610-$660M from $525-$575M.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

LOGITECH INTERNATIONAL S.A. reported the third quarter of Fiscal Year 2024 results: revenue $1.26 billion, EPS $1.55. Guidance raised.

Period: the third quarter of Fiscal Year 2024
Revenue: $1.26 billion
EPS: $1.55
Guidance: raised
Result: reported results

Exact text from the filing

announcement pursuant to Art. 53 LR — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2024. • Sales were $1.26 billion, down 1 percent in US dollars and 3 percent in constant currency, compared to the prior year. • GAAP operating income was $222 million, up 26 percent compared to the prior year.

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Source: SEC EDGAR

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