Saturday, December 5, 2020
Financial Results News

Logitech’s Q1 Revenue Up 23%

Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the first quarter of Fiscal Year 2021.

  • Q1 sales were $792 million, up 23 percent in US dollars and 25 percent in constant currency, compared to Q1 of the prior year.
  • Q1 GAAP operating income grew 76 percent to $83 million, compared to $47 million in the same quarter a year ago. Q1 GAAP earnings per share (EPS) grew 56 percent to $0.42, compared to $0.27 in the same quarter a year ago.
  • Q1 non-GAAP operating income grew 75 percent to $117 million, compared to $67 million in the same quarter a year ago. Q1 non-GAAP EPS grew 64 percent to $0.64, compared to $0.39 in the same quarter a year ago.
  • Cash flow from operations was $119 million, compared to $37 million in the same period a year ago.

“We delivered an exceptional first quarter and are raising our fiscal year outlook,” said Bracken Darrell, Logitech president and chief executive officer. “We grew sales 25% with strong growth in almost every product category. Our company strategy focuses on four long-term trends: more of us will work from home; video calls will replace audio calls; esports will become as big as conventional sports; and billions of people worldwide will create content, not just a handful of TV and movie studios. Logitech’s business was already positioned to grow from these long-term trends, and since early March they have accelerated, making Logitech more relevant to customers than ever before.”

Outlook

Logitech raised its Fiscal Year 2021 annual sales outlook from mid single-digit sales growth, to 10 to 13 percent growth in constant currency. The Company also raised its annual outlook for non-GAAP operating income from a range of $380 million to $400 million, to a range of $410 million to $425 million.

Logitech announced financial results for the first quarter of Fiscal Year 2021

156 thoughts on “Logitech’s Q1 Revenue Up 23%
  1. I just want to mention I’m beginner to weblog and definitely liked you’re blog. Most likely I’m likely to bookmark your blog post . You surely have outstanding well written articles. Cheers for sharing with us your webpage.

  2. I just want to tell you that I’m newbie to blogs and really loved your blog site. Most likely I’m want to bookmark your blog . You absolutely have fantastic articles. Kudos for sharing with us your website page.

  3. I have read some good stuff here. Definitely worth bookmarking for revisiting. I wonder how much effort you put to make such a excellent informative site.

  4. I have discovered some new issues from your website about desktops. Another thing I have always believed is that computers have become a product that each house must have for some reasons. They offer convenient ways to organize homes, pay bills, shop, study, listen to music and in some cases watch shows. An innovative technique to complete these types of tasks is to use a notebook computer. These desktops are mobile, small, robust and portable.

  5. Thanks for your post. I also think that laptop computers have gotten more and more popular today, and now are sometimes the only kind of computer utilised in a household. The reason being at the same time that they’re becoming more and more reasonably priced, their working power keeps growing to the point where they may be as powerful as desktop computers coming from just a few years back.

  6. I simply want to say I am just very new to weblog and certainly loved your web blog. Probably I’m likely to bookmark your blog post . You amazingly come with terrific article content. With thanks for sharing your webpage.

  7. Thank you for some other informative blog. Where else may just I am getting that type of information written in such a perfect way? I’ve a project that I am just now operating on, and I have been at the glance out for such information.

  8. Thanks a lot for sharing this with all of us you really know what you are talking about! Bookmarked. Kindly also visit my site =). We could have a link exchange agreement between us!

  9. I simply want to tell you that I am just new to blogs and actually loved you’re web blog. More than likely I’m want to bookmark your website . You certainly come with very good writings. Thanks a lot for sharing with us your web site.

  10. I have been browsing online more than 3 hours today, yet I never found any interesting article like yours. It’s pretty worth enough for me. In my view, if all webmasters and bloggers made good content as you did, the internet will be much more useful than ever before.

  11. hi!,I love your writing very much! proportion we be in contact more approximately your article on AOL? I need a specialist in this area to resolve my problem. May be that’s you! Taking a look ahead to look you.

  12. I have been browsing on-line more than 3 hours today, but I never discovered any attention-grabbing article like yours. It is beautiful worth enough for me. Personally, if all site owners and bloggers made excellent content material as you probably did, the internet shall be a lot more helpful than ever before. “Baseball is 90 percent mental. The other half is physical.” by Lawrence Peter Berra.

  13. I actually wanted to send a word in order to express gratitude to you for the splendid suggestions you are placing on this site. My extensive internet search has at the end been honored with reputable know-how to go over with my co-workers. I ‘d believe that we readers actually are truly fortunate to dwell in a decent community with so many outstanding individuals with very beneficial advice. I feel very lucky to have discovered your entire web pages and look forward to tons of more exciting times reading here. Thanks a lot once again for all the details.

  14. I used to be very happy to find this internet-site.I wished to thanks on your time for this wonderful read!! I undoubtedly having fun with each little little bit of it and I’ve you bookmarked to take a look at new stuff you weblog post.

  15. Hello There. I found your blog using google. This is an extremely
    well written article. I’ll make sure to bookmark iit and return to read more of your useful information. Thanks for the post.
    I’ll certainly return.

  16. Going through your brilliant blog is great as in case it had been written by simply a writer. I’m going take a look at your blog typically. Appreciate it always.

  17. I got this site from my pal who shared with me concerning thks website and now
    this time I am browsing this website and reading very informative articles or reviews at this
    place.

  18. When I initially commented I seem to have clicked the -Notify me when new comments are added- checkbox and from now on each time a comment is added I receive 4 emails with the exact same comment. Perhaps there is a means you are able to remove me from that service? Appreciate it!

  19. I just want to say I am newbie to weblog and absolutely liked your web blog. Almost certainly I’m planning to bookmark your blog post . You definitely have fabulous posts. Many thanks for revealing your website.

  20. Its like you read my mind! You appear to know so much about this, like you wrote the book in it or something. I think that you could do with some pics to drive the message home a little bit, but other than that, this is great blog. A fantastic read. I’ll definitely be back.

  21. Hey. Neat article. There’s a problem with the site in chrome, and you might want to check this… The browser is the marketplace chief and a huge section of other people will leave out your fantastic writing due to this problem.

  22. Simply desire to say your article is as astonishing. The clarity on your publish is simply spectacular and that i could suppose you’re a professional in this subject. Well with your permission let me to grasp your RSS feed to stay up to date with drawing close post. Thanks one million and please carry on the enjoyable work.

  23. Oh my goodness! a wonderful write-up dude. Thank you However I will be experiencing issue with ur rss . Do not know why Struggle to sign up to it. Perhaps there is everyone finding identical rss dilemma? Anybody who knows kindly respond. Thnkx

  24. What’s Happening i’m new to this, I stumbled upon this I have found It absolutely useful and it has aided me out loads. I hope to contribute & help other users like its helped me. Great job.

  25. All other bloggers should take note: this is what awesome blogs look like! I can’t wait to see more of your work! Not only is it engaging, but it is also creative. If you would respond with a link to your Facebook, I would be very grateful!

  26. Hello, Neat post. There is an issue with your website in internet explorer, might test this… IE nonetheless is the marketplace leader and a huge section of other people will miss your excellent writing because of this problem.

  27. Nice post. I learn something new and challenging on websites I stumbleupon everyday. It will always be interesting to read through articles from other authors and practice something from other web sites.

  28. When I initially commented I seem to have clicked the -Notify me when new comments are added- checkbox and from now on whenever a comment is added I recieve four emails with the same comment. There has to be an easy method you can remove me from that service? Appreciate it.

  29. My spouse and i got so happy that Jordan managed to carry out his researching through the ideas he gained out of your web pages. It is now and again perplexing to simply choose to be freely giving tips and hints which often people could have been trying to sell. Therefore we fully grasp we need you to give thanks to because of that. Most of the explanations you have made, the easy site navigation, the relationships you will assist to instill – it is many terrific, and it’s helping our son in addition to our family know that this subject matter is amusing, which is certainly incredibly vital. Thanks for all! cbd for pain pure cbd for sale

  30. Can I simply say what a reduction to search out someone who truly is aware of what theyre speaking about on the internet. You positively know the way to carry an issue to light and make it important. Extra people have to learn this and perceive this aspect of the story. I cant imagine youre not more in style because you positively have the gift.

  31. There are certainly a great deal of details like this to take into consideration. That is a fantastic point out talk about. I supply the thoughts above as general inspiration but clearly you can find questions such as the one you start up in which the most critical thing are going to be working in honest very good faith. I don?t know if recommendations have emerged about such things as that, but I am certain your job is clearly recognized as an affordable game. Both boys and girls have the impact of a little moment’s pleasure, through out their lives.

  32. The internet can make it simplier and easier than at any time to acquire foods distribution providers.  Simply because they are on-line, they are easy for you to learn. You can shop for what you desire suitable from your unique personal computer. It is less complicated than actually to uncover food suppliers for Japanese cooking, this includes individuals that specialize in meals these kinds of as kombu. This kelp is harvested in Japan and is important for a lot of Japanese dishes. If you are arranging on cooking Japanese foods, you will want to be specified that you use the freshest ingredients. 

  33. Excellent blog you’ve got here.. It’s difficult to find high quality writing like yours these days. I truly appreciate individuals like you! Take care!!

  34. Having read this I thought it was very informative. I appreciate you taking the time and energy to put togel hongkong online this informative article together. I once again find myself spending a significant amount of time both reading and leaving comments

  35. I precisely had to thank you very much yet again. I do not know what I would’ve carried out without the entire recommendations documented by you over such a problem. Previously it was the terrifying problem in my position, but being able to see your well-written manner you dealt with the issue forced me to cry with fulfillment. Extremely happy for the work and thus wish you find out what a powerful job you were carrying out teaching the rest using your site. More than likely you haven’t encountered all of us.

  36. Hey very cool web site!! Man .. Excellent .. Amazing .. I’ll bookmark your site and take the feeds also…I’m happy to find so many useful information here in the post, we need work out more techniques in this regard, thanks for sharing. . . . . .

  37. The very next time I read a blog, I hope that it does not fail me as much as this one. I mean, I know it was my choice to read through, nonetheless I really thought you would have something useful to talk about. All I hear is a bunch of moaning about something you could fix if you were not too busy looking for attention.

  38. fantastic issues altogether, you just received a new reader. What would you recommend about your post that you made a few days in the past? Any certain?

  39. hello!,I like your writing so a lot! share we keep in touch more about your article on AOL? I need an expert on this area to solve my problem. May be that is you! Looking forward to peer you.

  40. I think this is among the most vital info for me. And i am glad reading your article. But should remark on few general things, The web site style is perfect, the articles is really excellent : D. Good job, cheers

  41. Thanks for every other excellent post. The place else may just anyone get that kind of info in such an ideal manner of writing? I’ve a presentation subsequent week, and I am at the look for such information.Ping Geyer

  42. Aw, this was a very nice post. Finding the time and actual effort to create a very good article횜 but what can I say횜 I procrastinate a whole lot and never manage to get nearly anything done.

  43. It’s a good shame you don’t contain a give money button! I’d definitely give money for this fantastic webpage! That i suppose for the time being i’ll be satisfied bookmarking together with including an individual’s Feed that will my best Msn balance. That i appearance forward that will recent messages and definitely will share the web site utilizing my best Facebook or twitter team: )Markus Guinan

  44. We are a group of volunteers and opening a brand new scheme in our community. Your website provided us with valuable info to paintings on. You’ve done a formidable task and our entire neighborhood shall be thankful to you.

  45. I have been absent for a while, but now I remember why I used to love this blog. Thank you, I’ll try and check back more frequently. How frequently you update your website?

  46. you are in reality a excellent webmaster. The web site loading velocity is amazing. It seems that you are doing any unique trick. In addition, The contents are masterpiece. you’ve done a excellent task on this topic!

  47. Hi there! This article couldn챠t be written much better! Reading through this post reminds me of my previous roommate! He always kept talking about this. I most certainly will forward this information to him. Fairly certain he will have a good read. I appreciate you for sharing!

  48. After looking into a number of the blog articles on your web page, I really like your way of blogging. I saved as a favorite it to my bookmark webpage list and will be checking back in the near future. Please check out my website too and tell me what you think.

  49. Greetings from Colorado! I’m bored to tears at work so I decided to check out your website on my iphone during lunch break. I love the information you present here and can’t wait to take a look when I get home. I’m shocked at how quick your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyways, good site!

  50. I’m impressed, I need to say. Actually rarely do I encounter a weblog that’s each educative and entertaining, and let me let you know, you have got hit the nail on the head. Your thought is excellent; the issue is one thing that not enough individuals are talking intelligently about. I’m very glad that I stumbled throughout this in my seek for something relating to this.

  51. I like what you guys are up too. Such intelligent work and reporting! Carry on the superb works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my website .

  52. Oh my goodness! Its like you understand my mind! You seem to know a lot about this, just like you wrote the book in it or something. I think that you can do with some pictures to drive the content home a bit, besides that, this is outstanding blog. A wonderful read. I will definitely return again.

  53. This is the right site for everyone who really wants to find out about this topic. You understand a whole lot its almost tough to argue with you (not that I actually will need to…HaHa). You definitely put a brand new spin on a subject which has been written about for decades. Great stuff, just great.

  54. Aw, this was a very nice post. Taking a few minutes and actual effort to produce a top notch article… but what can I say… I put things off a lot and don’t seem to get anything done.

  55. I’m very pleased to discover this great site. I want to to thank you for ones time just for this fantastic read!! I definitely savored every part of it and I have you book-marked to look at new stuff in your blog.

  56. Hi, I do believe this is an excellent web site. I stumbledupon it 😉 I’m going to return yet again since i have saved as a favorite it. Money and freedom is the greatest way to change, may you be rich and continue to guide others.

  57. Hey there! Do you know if they make any plugins to assist with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Thank you!

  58. Unquestionably believe that which you stated. Your favorite justification appeared to be on the web the easiest thing to be aware of. I say to you, I definitely get irked while people consider worries that they plainly don’t know about. You managed to hit the nail upon the top as well as defined out the whole thing without having side-effects , people could take a signal. Will likely be back to get more. Thanks

  59. I really appreciate this post. I’ve been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thx again!

  60. I’d should seek advice from you here. Which isn’t something I do! I love to reading an article that will get people to believe. Also, thank you allowing me to comment!

  61. Aw, this was a really nice post. Spending some time and actual effort to generate a really good article… but what can I say… I procrastinate a whole lot and don’t seem to get anything done.

  62. An intriguing discussion may be worth comment. I do think that you should write regarding this topic, may possibly not often be a taboo subject but usually people are there are not enough to dicuss on such topics. To a higher. Cheers

  63. You are so cool! I do not think I’ve truly read a single thing like this before. So wonderful to discover somebody with unique thoughts on this issue. Really.. thanks for starting this up. This web site is something that is needed on the internet, someone with a bit of originality.

  64. There are undoubtedly a lot of specifics like that to think about. That is a good point to raise up. I supply the thoughts previously mentioned as normal inspiration however clearly you can find questions like the one anyone bring up the spot that the most important thing will be working in honest good faith. My spouse and i don?testosterone levels know if guidelines have emerged around such thinggs as that, nonetheless I am sure that a job will be clearly known as a fair game. Both kids feel the affect of just a moment’s delight, for the rest of their particular lives.

  65. After I originally commented I clicked the -Notify me when new feedback are added- checkbox and now each time a comment is added I get four emails with the identical comment. Is there any manner you possibly can remove me from that service? Thanks!

  66. I have recently started a website, the information you provide on this web site has helped me tremendously. Thanks for all of your time & work.

  67. I’ve been absent for some time, but now I remember why I used to love this blog. Thank you, I’ll try and check back more often. How frequently you update your website?

  68. Hmm it seems like your blog ate my first comment (it was extremely long) so I guess I’ll just sum it up what I submitted and say, I’m thoroughly enjoying your blog. I too am an aspiring blog blogger but I’m still new to the whole thing. Do you have any points for newbie blog writers? I’d genuinely appreciate it.

  69. Hey would you mind sharing which blog platform you’re using? I’m planning to start my own blog soon but I’m having a tough time making a decision between BlogEngine/Wordpress/B2evolution and Drupal. The reason I ask is because your layout seems different then most blogs and I’m looking for something completely unique. P.S Sorry for getting off-topic but I had to ask!

  70. My programmer is trying to persuade me to move to .net from PHP. I have always disliked the idea because of the costs. But he’s tryiong none the less. I’ve been using Movable-type on various websites for about a year and am concerned about switching to another platform. I have heard very good things about blogengine.net. Is there a way I can transfer all my wordpress content into it? Any kind of help would be really appreciated!

  71. you are really a good webmaster. The site loading speed is amazing. It seems that you’re doing any unique trick. Furthermore, The contents are masterpiece. you have performed a great activity in this topic!

  72. In this great pattern of things you actually secure a B+ with regard to hard work. Where exactly you lost me was first in your specifics. You know, people say, details make or break the argument.. And that couldn’t be much more true right here. Having said that, let me reveal to you precisely what did give good results. Your writing is actually highly powerful and that is probably the reason why I am taking the effort in order to comment. I do not really make it a regular habit of doing that. Second, even though I can see a leaps in reasoning you come up with, I am not necessarily confident of exactly how you seem to unite the points which produce the actual final result. For now I will, no doubt subscribe to your issue but hope in the near future you connect the dots better.

  73. My spouse and I absolutely love your blog and find almost all of your post’s to be just what I’m looking for. Would you offer guest writers to write content to suit your needs? I wouldn’t mind composing a post or elaborating on a few of the subjects you write concerning here. Again, awesome website!

  74. naturally like your web site however you need to test the spelling on quite a few of your posts. A number of them are rife with spelling issues and I in finding it very troublesome to tell the reality on the other hand I will surely come again again.

  75. Hi there! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing several weeks of hard work due to no data backup. Do you have any solutions to stop hackers?

  76. An interesting discussion is worth comment. I do believe that you need to write more on this subject, it might not be a taboo matter but typically folks don’t discuss such topics. To the next! All the best!

  77. I must say, as a lot as I enjoyed reading what you had to say, I couldnt help but lose interest after a while. Its as if you had a wonderful grasp on the subject matter, but you forgot to include your readers. Perhaps you should think about this from far more than one angle. Or maybe you shouldnt generalise so considerably. Its better if you think about what others may have to say instead of just going for a gut reaction to the subject. Think about adjusting your own believed process and giving others who may read this the benefit of the doubt.Jobs offered

  78. You’re so interesting! I don’t think I’ve read through something like this before. So nice to discover somebody with unique thoughts on this issue. Seriously.. thank you for starting this up. This site is something that is required on the internet, someone with some originality.

  79. Oh my goodness! Incredible article dude! Thank you so much, However I am experiencing issues with your RSS. I don’t understand the reason why I can’t subscribe to it. Is there anybody else getting identical RSS issues? Anyone who knows the solution can you kindly respond? Thanks!

  80. A fascinating discussion is worth comment. I do believe that you need to publish more about this issue, it might not be a taboo subject but usually people do not speak about such issues. To the next! Kind regards!

  81. We are a bunch of volunteers and opening a brand new scheme in our community. Your website provided us with helpful information to paintings on. You have done a formidable process and our entire community might be grateful to you.

  82. After I originally left a comment I seem to have clicked the -Notify me when new comments are added- checkbox and from now on every time a comment is added I recieve four emails with the same comment. Perhaps there is a way you are able to remove me from that service? Appreciate it!

  83. I must say, as a lot as I enjoyed reading what you had to say, I couldnt help but lose interest after a while. Its as if you had a wonderful grasp on the subject matter, but you forgot to include your readers. Perhaps you should think about this from far more than one angle. Or maybe you shouldnt generalise so considerably. Its better if you think about what others may have to say instead of just going for a gut reaction to the subject. Think about adjusting your own believed process and giving others who may read this the benefit of the doubt.Jobs offered

  84. I together with my pals appeared to be following the good information and facts located on your web page and all of a sudden got a horrible feeling I had not thanked the site owner for those strategies. These women were for that reason warmed to read all of them and already have absolutely been tapping into them. Thank you for truly being quite helpful and then for finding these kinds of great subjects millions of individuals are really needing to know about. My sincere apologies for not expressing gratitude to sooner.

  85. Aw, this was a really nice post. Taking a few minutes and actual effort to generate a very good article횜 but what can I say횜 I procrastinate a lot and never seem to get anything done.

  86. Wow! This could be one particular of the most beneficial blogs We’ve ever arrive across on this subject. Basically Magnificent. I’m also an expert in this topic so I can understand your effort.

  87. After going over a few of the blog posts on your website, I really appreciate your technique of blogging. I book-marked it to my bookmark site list and will be checking back in the near future. Please check out my web site too and tell me what you think.

  88. You have made some decent points there. I checked on the web to learn more about the issue and found most individuals will go along with your views on this site.

  89. After looking at a handful of the blog articles on your blog, I truly appreciate your technique of writing a blog. I bookmarked it to my bookmark site list and will be checking back soon. Please check out my web site as well and let me know your opinion.

  90. I just wanted to jot down a small note so as to appreciate you for all the amazing techniques you are giving out here. My time intensive internet search has finally been honored with incredibly good information to go over with my relatives. I ‘d tell you that most of us readers actually are rather fortunate to exist in a great community with very many outstanding professionals with insightful principles. I feel pretty blessed to have encountered your webpage and look forward to plenty of more fabulous moments reading here. Thanks a lot once again for a lot of things.

  91. Hello there! This article could not be written much better! Reading through this article reminds me of my previous roommate! He constantly kept talking about this. I most certainly will send this article to him. Pretty sure he’ll have a great read. I appreciate you for sharing!

  92. An outstanding share! I’ve just forwarded this onto a coworker who had been conducting a little homework on this. And he in fact ordered me dinner because I stumbled upon it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending time to talk about this issue here on your website.

Leave a Reply

Your email address will not be published.