Apr 25, 2017 Logitech Delivers Highest Retail Sales Growth in Six Years; Profit Hits Nine-Year High
FY 2017 Retail Sales Grow 14%; Non-GAAP Operating Income Grows 33% Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2017. Q4 closed a strong fiscal year with sales for the quarter reaching $496 million . Q4 retail sales grew 17 percent in constant currency, GAAP operating income more than doubled to $22 million and non-GAAP operating income grew 61 percent to $36 million . For the full Fiscal Year 2017, ended March 31, 2017: Retail sales grew 14 percent in constant currency, the highest annual retail sales growth in six years. Retail sales grew 13 percent in USD; also a six-year high. Sales were $2.21 billion , up 9 percent in USD compared to the prior year, which still included OEM sales, the business the Company exited in Q3 of the prior fiscal year. GAAP operating income grew 53 percent to $197 million - the highest in nine years - compared to $129 million a year ago. GAAP earnings per share (EPS)...
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Apr 24, 2017 Logitech’s 2014 Share Buyback Program Expires; Company to Enter New Program
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that, as of April 24, 2017 , the Company’s three-year share buyback program, initiated in April 2014 , expired. During the three years of the 2014 share buyback program, the Company repurchased 9,112,417 of its shares. Details of Logitech's share repurchase history can be found on the Company's website at http://ir.logitech.com . In March 2017, the Company’s Board of Directors approved a new 2017 share buyback program, which authorizes the Company to use up to $250 million to repurchase its shares. The new program, communicated at Logitech’s Analyst and Investor Day last month, is expected to begin in May 2017, following approval from the Swiss Takeover Board. About Logitech Logitech designs products that have an everyday place in people's lives, connecting them to the digital experiences they care about. More than 35 years ago, Logitech started connecting people through computers, and now it’s a multi-brand company...
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Apr 24, 2017 Logitech Partners with TED to Inspire Better Presenters with the Spotlight Presentation Academy
Worldwide Search is Underway for 15 Aspiring Storytellers Who Want to Improve their Skills and get Coached by the Best Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced the launch of the exclusive Spotlight Presentation Academy, a one-day bootcamp created with TED dedicated to giving 15 aspiring storytellers the confidence to crush every presentation. Armed with TED’s preferred remote, the Logitech® Spotlight™ Presentation Remote, attendees can sharpen their presentation skills, work with Logitech’s latest presentation tool, and even try their hand at presenting a mock TED Talk on the stage at TED’s New York headquarters. Tweet now : Want to present like never before? Today, @Logitech and @TED launched #SpotlightAcademy. Submit your app: Logitech.com/SpotlightAcademy “Public speaking is a well known fear for many of us — in fact, people are often more afraid of public speaking than they are of heights or even death!” said Bracken Darrell, CEO of Logitech. “But public speaking can be...
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Apr 19, 2017 Logitech G Launches G413 Mechanical Gaming Keyboard With Exclusive Romer-G Mechanical Switches
Featuring Anodized Aluminum Top Case and USB Passthrough, the G413 Offers Sleek Design, Advanced Features and High Performance for $89.99 Logitech G, a brand of Logitech, (SIX: LOGN) (NASDAQ: LOGI) today announced the launch of an addition to its mechanical gaming keyboard lineup with the Logitech® G413 Mechanical Gaming Keyboard. Engineered for precision and performance, the keyboard delivers unrivaled performance in a thoughtfully balanced, modern design. The Logitech G413 features Logitech’s exclusive Romer-G™ mechanical switches, offering 25 percent faster actuation than standard mechanical keys, as well as a brushed anodized aircraft-grade aluminum top case, USB passthrough port and precision key backlighting for an affordable price. The Logitech G413 comes in two versions - the Logitech G413 Carbon featuring elemental red backlighting and the Logitech G413 Silver featuring iconic white backlighting, sold exclusively at Best Buy. This Smart News Release features multimedia. View...
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Apr 5, 2017 Logitech Announces Date for Release of Fourth Quarter and Full-Year Financial Results for FY 2017
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that it expects to release FY 2017 quarterly and full-year financial results on Tuesday, Apr. 25, 2017 at 9:00 p.m. Eastern Daylight Time and Wednesday, Apr. 26, 2017 at 3:00 a.m. Central European Summer Time. There will be a teleconference to discuss these results on Wednesday, Apr. 26, 2017 at 8:30 a.m. Eastern Daylight Time and 2:30 p.m. Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. About Logitech Logitech designs products that have an everyday place in people's lives, connecting them to the digital experiences they care about. Over 30 years ago Logitech started connecting people through computers, and now it’s designing products that bring people together through music, gaming, video and computing. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global...
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Apr 3, 2017 Logitech Awarded Nine Red Dot 2017 Product Design Awards
Logitech’s Fifth Consecutive Year of Red Dot Awards Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced that it won nine Red Dot 2017 Product Design Awards. This is the fifth consecutive year that Red Dot has recognized Logitech for excellence in product design. This year’s total wins ties Logitech’s company record set last year and includes a prestigious “Best of the Best” Red Dot Product Design Award in Computer and Information Technology for the Logitech K780 Multi-Device Wireless Keyboard, the top Red Dot Award for groundbreaking design reserved for the best product in each category. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170403005337/en/ Logitech Awarded Nine Red Dot 2017 Product Design Awards. (Photo: Business Wire) Tweet now : Logitech wins 9 @RedDot 2017 Product Design Awards with a Best of the Best for K780 Learn More: http://blog.logitech.com/?p=25767 The 2017 award-winning products include: Logitech...
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Mar 30, 2017 Logitech Harmony and the Google Assistant Let You Control Your Living Room With Your Voice
Control Your TV Entertainment Experience in More Ways Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced Logitech Harmony hub-based products now work with the Google Assistant on Google Home, expanding the possibilities of in-home voice control. Now, you can control your home entertainment experience using Harmony Elite, Harmony Companion, and Harmony Hub, all with the power of your voice. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170330005765/en/ Logitech Harmony hub-based products now work with Google Assistant on Google Home. Use the power of your voice to control home entertainment. (Photo: Business Wire) “Voice has a powerful role in simplifying the connected home experience and people absolutely love it,” said Renee Niemi , vice president and general manager of Logitech Smart Home. “Controlling entertainment is an important activity within the smart home and Logitech Harmony has been focused on optimizing the...
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Mar 29, 2017 Ultimate Ears WONDERBOOM: Pint-Size Speaker with Surprisingly Big Sound
No Fuss, No Friction, Just Music with Ultimate Ears’ Newest and Most Playful Speaker Yet Meet the latest addition to the Ultimate Ears family of portable, seriously waterproof, go-anywhere speakers: the new Ultimate Ears WONDERBOOM™, a pint-sized Bluetooth® speaker with huge personality and surprisingly big sound. The super-portable WONDERBOOM delivers uncompromising sound quality with clear, crisp, non-stop sound, as well as big, beautiful bass. WONDERBOOM is available in six fresh colors: Stone (Grey), Phantom (Black), Fireball (Red), SubZero (Blue), Cashmere (Pink) and Lilac. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170329005047/en/ Ultimate Ears WONDERBOOM™ wireless Bluetooth speakers: 360-degree sound, waterproof and virtually indestructible. (Photo: Business Wire) WONDERBOOM is designed for music lovers who are connected, on-the-move and want their music from the moment they wake up to the moment they go to...
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Mar 21, 2017 Logitech Introduces Rugged Combo for the New 9.7-inch iPad, Made Specifically for Students and Learning
A Modular Drop Protective iPad Case and Keyboard Built for Every Class, Task and App Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced the Logitech® Rugged Combo, Logitech® Rugged Case and Logitech® Add-on Keyboard for Rugged Case for Apple's new, more affordable 9.7-inch iPad, a complete solution designed specifically for students and learning. The Rugged Combo helps protect iPad from drops and daily wear and tear, and has a detachable keyboard offering a secure and approved solution for testing and exams. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170321005988/en/ The Logitech Rugged Combo offers drop protection plus a detachable front cover keyboard so students can use iPad everywhere learning happens - in the classroom, in the field and in the lab. (Photo: Business Wire) “iPad is changing the way teachers teach and students learn, and the Logitech Rugged Combo for the new 9.7-inch iPad is built from the ground...
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Mar 7, 2017 New Logitech G Pro Mechanical Gaming Keyboard Designed in Collaboration With Top eSports Players
Pro Mechanical Gaming Keyboard Offers Exclusive Romer-G™ Mechanical Switches in a Portable, Tenkeyless Design Logitech G, a Logitech brand, (SIX:LOGN) (NASDAQ:LOGI) today introduced the Logitech® G Pro Mechanical Gaming Keyboard. Designed in collaboration with top eSports athletes, the Pro Mechanical Gaming Keyboard is a high performance, tenkeyless mechanical gaming keyboard that is purpose-built for professional competition. The keyboard features Logitech’s exclusive Romer-G™ mechanical switches, offering 25 percent faster actuation than standard mechanical keyboards, all in a switch design that delivers quiet performance. It also features a detachable cable system, making it easy to transport with customizable RGB lighting and onboard memory. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170307005026/en/ The Logitech G Pro Mechanical Gaming Keyboard is a high performance, tenkeyless mechanical gaming keyboard...
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Mar 7, 2017 Logitech Forecasts Strong FY18 Revenue and Profit Growth
Company Targets High Single-Digit Sales Growth for FY18 and New $250M Share Buyback Program Prior to a meeting to be held today with financial analysts and investors in New York, Logitech International (SIX:LOGN) (Nasdaq:LOGI) announced: This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170306006433/en/ Logitech International announces its Fiscal Year 2018 outlook and a new share buyback program as part of a three-year capital allocation framework. (Photo: Business Wire) A Fiscal Year 2018 outlook of high single-digit retail sales growth in constant currency and $250 to $260 million in non-GAAP operating income. A new $250 million share buyback program as part of a three-year capital allocation framework. The company also reaffirmed its FY 2017 outlook of 12 to 13 percent retail sales growth in constant currency and $225 to $230 million in non-GAAP operating income. At the meeting, Logitech will offer insight into the five...
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Mar 6, 2017 Logitech Breaks Company Record With Nine iF DESIGN AWARDS in 2017
Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced that it won nine prestigious iF DESIGN AWARDS for 2017. This is the seventh consecutive year that iF, the German design organization, has recognized Logitech . This year’s total is a new company record for Logitech . The iF DESIGN AWARDS recognized Logitech for product design across many categories, as well as brand identity and product packaging. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170306005423/en/ Logitech announced that it won nine prestigious iF DESIGN AWARDS for 2017. (Graphic: Business Wire) Tweet now: Logitech celebrates design w/ a record win - 9 iF DESIGN AWARDS. Learn More: http://blog.logitech.com/?p=25697 The 2017 awarded products and initiatives include: Logitech K780 Multi-Device Wireless Keyboard Logitech BRIO 4K Pro Webcam Logitech G Pro Gaming Mouse Logitech G900 Chaos Spectrum Gaming Mouse Logitech G Prodigy Series Logitech POP Home Switch...
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Feb 7, 2017 Logitech Introduces Its Best Webcam Ever
Packed with Industry Firsts, Logitech BRIO 4K Pro Webcam Delivers Highest Quality Desktop and Streaming Video Experience Available Today Today, Logitech (SIX:LOGN) (NASDAQ:LOGI) announced its most sophisticated webcam yet, Logitech® BRIO 4K Pro Webcam. Delivering the highest quality desktop video experience available today, BRIO is a powerhouse webcam for business and home-office users, streamers, YouTubers, vloggers, and anyone else looking for a top-of-the-line webcam. BRIO comes packed with industry firsts including Logitech RightLight™ 3 with HDR, 4K Ultra HD video quality, and 5X zoom, plus support for Windows Hello and other secure infrared-based facial recognition applications. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170207005098/en/ Logitech BRIO 4K Pro Webcam (Photo: Business Wire) Tweet Now : Bad light? Bad location? No problem. @LogitechVC introduces BRIO, a new premium #webcam packed w/ awesome...
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Feb 6, 2017 Logitech Files Quarterly Report on Form 10-Q
Logitech International (SIX: LOGN)(Nasdaq: LOGI) today announced that on February 6, 2017, it filed with the U.S. Securities and Exchange Commission its Quarterly Report on Form 10-Q for the third quarter of Fiscal Year 2017. The filing is available on Logitech's website at http://ir.logitech.com . About Logitech Logitech designs products that have an everyday place in people's lives, connecting them to the digital experiences they care about. Over 30 years ago Logitech started connecting people through computers, and now it’s designing products that bring people together through music, gaming, video and computing. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech at www.logitech.com , the company blog or @Logitech . 2017 Logitech, Logicool, Logi and other Logitech marks are owned by Logitech and may be registered. All other trademarks are the property of their...
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Feb 1, 2017 Logitech Transforms Presentations With Spotlight: Highlight, Magnify and More
TED’s New Preferred Remote, Spotlight Can Help You Become a More Confident Presenter Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced a complete reinvention of presentation control with the Logitech® Spotlight™ Presentation Remote. Unlike the traditional slide clicker or laser pointer of the past, Spotlight is designed to help you become a more confident presenter. Spotlight is an advanced tool that goes well beyond laser pointing, and enables you to highlight and magnify on-screen content in an engaging and powerful way so you can better underscore your point. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170201005336/en/ Tweet now: Play it. Show it. Time it. Crush it. @Logitech introduces Spotlight Presentation Remote for confident presenting. Learn More: http://blog.logitech.com/?p=25520 “Presentations are nerve-wracking,” said Marcel Stolk , senior vice president of the Creativity and Productivity business group...
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Jan 24, 2017 Logitech Reports Highest Retail Revenue in Company’s History
Q3 Retail Revenue Up 12%; Company Raises Sales and Profit Outlook Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced better-than-expected preliminary financial results for the third quarter of Fiscal Year 2017. Q3 retail sales grew 13 percent in constant currency, reaching the highest level ever in the Company’s history. Q3 retail sales grew 12 percent in USD. Q3 sales were $667 million , up 7 percent compared to Q3 of the prior year, which still included OEM sales. Q3 GAAP operating income grew 41% to $96 million , compared to $69 million a year ago. Q3 GAAP earnings per share (EPS) were $0.59 , compared to $0.41 a year ago. Q3 non-GAAP operating income grew 34% to $99 million , compared to $74 million a year ago. Q3 non-GAAP EPS grew 37% to $0.56 , compared to $0.41 a year ago. Cash flow from operations for the first nine months of Fiscal Year 2017 was $234 million , compared to $151 million for same period a year ago. “This Q3, our results exceeded expectations and...
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Jan 24, 2017 Logitech Sets Company Record With 15 GOOD DESIGN 2016 Awards
Logitech’s Sixth Consecutive Year of GOOD DESIGN Awards Today Logitech® (SIX:LOGN) (NASDAQ:LOGI) announced that it has won 15 GOOD DESIGN™ 2016 awards. This marks the sixth consecutive year Logitech products have been recognized by the GOOD DESIGN awards, and the most award wins for the company ever. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170124005474/en/ Logitech 2016 GOOD DESIGN Award Winners (Graphic: Business Wire) Tweet now: Logitech Wins 15 GOOD DESIGN 2016 Awards, a new company record. Learn More: http://blog.logitech.com/?p=25623 The 2016 Logitech award winners include: Logitech Harmony Elite Logitech Circle Logitech BASE Logitech CREATE Backlit Keyboard Case Logitech G900 Chaos Spectrum Logitech G810 Orion Spectrum Logitech G29 Driving Force Logitech Party Collection Logitech MX Anywhere 2 Logitech Group UE ROLL UE BOOM 2 Jaybird Freedom Logitech product packaging Logitech overall brand identity...
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Jan 5, 2017 Logitech Announces Date for Release of Third Quarter Fiscal 2017 Results
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Tuesday, Jan. 24, 2017 at 9:00 p.m. Eastern Standard Time and Wednesday, Jan. 25, 2017 at 3:00 a.m. Central European Time. There will be a teleconference to discuss these results on Wednesday, Jan. 25, 2017 at 8:30 a.m. Eastern Standard Time and 2:30 p.m. Central European Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. About Logitech Logitech designs products that have an everyday place in people's lives, connecting them to the digital experiences they care about. Over 30 years ago Logitech started connecting people through computers, and now it’s designing products that bring people together through music, gaming, video and computing. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech...
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Jan 4, 2017 Logitech G Unleashes Advanced Audio Performance With New PC Wireless Gaming Headset
Logitech G533 Wireless Gaming Headset Features Pro-G Drivers and DTS Headphone:X 7.1 Surround Sound Logitech (SIX:LOGN) (NASDAQ:LOGI) today introduced the Logitech® G533 Wireless Gaming Headset . With professional grade wireless technology, U.S. patent- pending Pro-G™ audio drivers and DTS Headphone:X® 7.1 surround sound, the headset delivers advanced audio performance and wireless convenience. The Logitech G533 also features a long battery life and purist design, giving you maximum comfort during marathon gaming sessions. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170104005073/en/ Logitech G unleashes advanced audio performance with new Logitech G533 PC Wireless Gaming Headset featuring Patent-Pending Pro-G Drivers and DTS Headphone:X 7.1 Surround Sound (Photo: Business Wire) Tweet now: Meet new @LogitechG #wireless #gamingheadset that delivers advanced #audio performance....
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