01.23.2014 - Logitech Delivers Better-Than-Expected Q3 FY 2014 Results, Raises Full-Year Outlook
NEWARK, Calif. & LAUSANNE, Switzerland
Turnaround on Track with Retail Sales Up 4% and Significant Profit Improvement
NEWARK, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)--Logitech International (SIX:LOGN)(Nasdaq:LOGI) today announced financial
results for the third quarter of Fiscal Year 2014, with
better-than-expected total sales of $628 million, up 2 percent compared
to the third quarter of the prior year. Q3 GAAP operating income was $53
million, with GAAP earnings per share (EPS) of $0.30 compared to a loss
a year ago. Q3 non-GAAP operating income was $67 million, with non-GAAP
EPS of $0.35, up 84 percent year over year.
Logitech InternationalJoe GreenhalghVice President, Investor Relations – USA510-713-4430orNancy MorrisonVice President, Corporate Communications – USA510-713-4948orLaura ScorzaSr. Public Relations Manager – Europe+41-(0) 21-863-5336
Ticker: LOGN Exchange: SWX
Ticker: LOGI Exchange: NASDAQ
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