Why Logitech Stock Is Falling Today
Logitech(LOGI) The Motley Fool·2024-07-24 00:33
Before the market opened this morning, the gaming and computer accessories specialist reported results for the first quarter of its current fiscal year (for the period ended June 30). In addition to delivering sales and earnings results that topped the market's expectations, the company also raised its full-year performance targets. But performance also weakened significantly along one key metric. Logitech crushed earnings expectations in fiscal Q1 Logitech posted non-GAAP (adjusted) earnings per share of $ ...