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Logitech Q2 Earnings Beat: Can Strong Sales View Lift the Stock?
LOGILogitech(LOGI) ZACKS·2024-10-23 00:25

Logitech International S.A. (LOGI) reported second-quarter fiscal 2025 non-GAAP earnings of $1.2 per share, which beat the Zacks Consensus Estimate of $1.1 and increased 10% year over year. The company’s bottom-line results mainly benefited from increased revenues and lower product costs, slightly offset by rising promotional spending leading to gross margin expansion.Logitech’s second-quarter revenues of $1.12 billion outpaced the consensus mark of $1.09 billion. Moreover, the top line marked a year-over-y ...