Logitech (LOGI) Tops Q1 EPS by 1c, Offers Outlook

Logitech (NASDAQ: LOGI) reported Q1 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $529.9 million versus the consensus estimate of $521.24 million.

Outlook

Logitech raised its Fiscal Year 2018 outlook to 10 to 12 percent sales growth in constant currency and $260 to $270 million in non-GAAP operating income. This includes the anticipated impact of the ASTRO Gaming acquisition, expected to close in August 2017.

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

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