Logitech International SA Bottom Line Retreats In Q4

Logitech International SA (LOGI) announced a profit for fourth quarter that decreased from the same period last year

The company's bottom line totaled $144.07 million, or $0.96 per share. This compares with $167.62 million, or $1.07 per share, last year.

Excluding items, Logitech International SA reported adjusted earnings of $139.73 million or $0.93 per share for the period.

The company's revenue for the period fell 0.1% to $1.010 billion from $1.011 billion last year.

Logitech International SA earnings at a glance (GAAP) :

-Earnings: $144.07 Mln. vs. $167.62 Mln. last year.
-EPS: $0.96 vs. $1.07 last year.
-Revenue: $1.010 Bln vs. $1.011 Bln last year.

-Guidance:
Next quarter revenue guidance: $1.100-$1.150 bln

by RTTNews Staff Writer

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