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Logitech Fourth Quarter Sales Rise on Gaming Demand

Logitech sales rose 7 percent to 1.09 billion dollars in the fourth quarter. Growth in gaming and video devices helped the company beat analyst estimates.

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Insights:

LOGITECH INTERNATIONAL-REG reported sales rose 7% to $1.09 billion during the three months ending in late March. Revenue surpassed the $1.08 billion consensus estimate provided by Visible Alpha. Strong demand for gaming gear and video tools suggests a recovery in peripheral spending.

Gaming and Video Tools Drive Margin Expansion
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