04.26.2017 - Logitech Delivers Highest Retail Sales Growth in Six Years; Profit Hits Nine-Year High
NEWARK, Calif. & LAUSANNE, Switzerland
FY 2017 Retail Sales Grow 14%; Non-GAAP Operating Income Grows 33%
NEWARK, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)--Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced
financial results for the fourth quarter and full year of Fiscal Year
Q4 closed a strong fiscal year with sales for the quarter reaching $496
million. Q4 retail sales grew 17 percent in constant currency, GAAP
operating income more than doubled to $22 million and non-GAAP operating
income grew 61 percent to $36 million.
For the full Fiscal Year 2017, ended March 31, 2017:
Logitech InternationalBen LuVice President, Investor Relations - USA510-713-5568orKrista ToddVice President, External Communications - USA510-713-5834orBen StarkieCorporate Communications - Europe+41 (0) 79-292-3499
Ticker: LOGI Exchange: NASDAQ
Ticker: LOGN Exchange: SWX
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