
Logitech International SA reported mixed results for its second quarter of fiscal year 2025, with revenue reaching $1.116 billion, a 6% increase year-over-year, surpassing estimates of $1.11 billion. The company also posted a non-GAAP earnings per share (EPS) of $1.20, exceeding expectations of $1.01, marking a 10% increase from the previous year. Despite these positive figures, Logitech's shares fell by 7.4% in pre-market trading, attributed to concerns over future sales performance and shifting consumer behavior post-pandemic. The gaming segment saw a notable 7% increase in sales, and the adjusted gross margin expanded to 44.1%. Logitech's CEO expressed optimism regarding strong consumer confidence as the holiday season approaches, indicating a potential for continued growth in sales.
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Logitech Beats Quarterly Targets On Strong PC, Gaming Peripheral Sales https://t.co/iEZGx7MFYo
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