04.116.2017 - Logitech Delivers Highest Retail Sales Growth in Six Years; Profit Hits Nine-Year High

Dateline City: 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 2017. 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: Language: English Contact: 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 Slug: Ticker: LOGI Exchange: NASDAQ Ticker: LOGN Exchange: SWX read more - View Press Release - Visit Logitech, Inc.