Exchange: NASDAQ·Updated 07:30 PM EDT
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LOGI Logitech International S.A.

$98.27
$3.23
(3.18%)
Today
Closed $98.27
$0.00
(0.00%)
After Hours
EarningsOct 27
Mkt Cap$14.11B
Vol820,262.00

About LOGI

Logitech International SA is a holding company, which engages in the design of software-enabled hardware solutions. Its portfolio includes gaming, keyboards and combos, pointing devices, video collaboration, webcams, tablet accessories, and headsets. Its cloud based services includes video conferencing platforms, esports or video games, music streaming platforms, content streaming platforms, and and creativity and productivity platforms. It enhances through software, including machine learning and artificial intelligence. The company was founded by Daniel Borel, Pierluigi Zappacosta, and Giacamo Marini on October 2, 1981 and is headquartered in Lausanne, Switzerland.
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Bearish Sentiment

How do you feel about LOGI?

mikirduit
$LOGI posted a strong fiscal Q1, but read the fine print. Net income +61.4% to $235.7M on revenue up just 6.9%. A tariff refund drove ~69% of the operating income increase. Ex-refund, operating income still rose 21.9% to $197.6M. Positives: gaming +12%, mice +16%, video collab +11% with a 13% price hike from May. Risk: chip supply. ~$20M sales hit in Jul-Sep, up to $200M in Oct-Dec (~14.1% of forecast holiday-quarter sales). Fiscal Q2 guide: revenue +0-3% to $1.18B-$1.22B, operating income down 9-20%. Earnings Oct 28. Analyst fair value: $52-59 bear, $85-95 base, $127-138 bull.
AnonMav
from the $LOGI call: + gaming demand was strong + China gaming market commentary improved + they said they started gaining share in China gaming in May + premium gaming/pro/sim categories were highlighted + they launched new gaming products

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