Logitech Q2 Profit Beats Forecasts
Logitech International reported a second-quarter operating income of $231 million, beating analyst forecasts due to rising demand for gaming and video conferencing devices. Sales rose 3% to $1.22 billion as the company navigated supply chain challenges.
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Logitech International-REG reported a non-GAAP operating income of $231 million for the second quarter, beating consensus forecasts of $204 million. The Swiss-U.S. technology company benefited from higher demand for its gaming and video conferencing devices. Sales rose 3% to $1.22 billion compared to the same period a year earlier.
