Logitech Int'l (LOGI) Tops Q3 EPS by 9c; Boosts FY15 Outlook

Logitech Int'l (NASDAQ: LOGI) reported Q3 EPS of $0.41, $0.09 better than the analyst estimate of $0.32. Revenue for the quarter came in at $634 million versus the consensus estimate of $621.7 million.

Outlook

Despite the unfavorable impact of exchange rates, Logitech increased its profitability outlook for Fiscal Year 2015 from approximately $170 million to approximately $185 million in non-GAAP operating income. The Company adjusted its sales outlook for Fiscal Year 2015 from approximately $2.16 billion to approximately $2.11 billion to reflect the U.S. dollar’s appreciation compared to various other currencies.

For earnings history and earnings-related data on Logitech Int'l (LOGI) click here.

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