Oct 24, 2000 Logitech Second Quarter Results Top Forecasts; Sales Climb 43%; Net Income Up 81%
Leading Interface Device Company Posts Eighth Consecutive Record Quarter Fremont, CA - October 24, 2000 - Logitech International (Switzerland:LOGN, LOGZ) (NASDAQ:LOGIY), international market leader in human interface devices that define the way people link to information in business, at home and online, has posted another record quarter, soundly topping forecasts, due to strong demand for its products. The Company's consolidated sales for the second fiscal quarter of FY01 ended September 30, 2000, exceeded $190 million, a 43 percent increase over sales of $133 million for the same quarter last year. Net income of $9.4 million ($1.99 per share - $0.20 per ADS) was 81 percent greater than the net income of $5.2 million ($1.27 per share - $ 0.13 per ADS) posted in the same quarter last year. Gross margin of 33.7 percent showed both a sequential and year-over-year growth. Gross profit grew by 48 percent. Operating income of $12 million more than doubled over the same period last year....
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Jul 25, 2000 Logitech Continues Strong Growth; Posts Record First Quarter FY2001 Results
Revenue Up 17%; Operating Income Up 298%; Net Income Up 747% Fremont, CA - July 25, 2000 - Logitech (NASDAQ:LOGIY; Switzerland:LOGN, LOGZ), international market leader in human interface devices that define the way people link to information in business, at home and online, has posted record first quarter results for the second consecutive year. Consolidated sales reached $141 million, a 17 percent increase over sales of $121 million for the same quarter last year. Net income of $5.0 million ($1.06 per share - $0.11 per ADS)1 was more than eight times greater than the net income of $0.6 million ($0.15 per share - $0.01 per ADS)1, posted in the same quarter last year. Gross margin was strong at 33.4 percent, compared with 29.7 percent for the first quarter of fiscal 2000, while operating income of $4.1 million was four times larger than last year's first quarter operating income of $1.0 million. "We continue to be pleased with Logitech's growth and with the success of the new products...
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Jun 29, 2000 Logitech confirms Stock Split
General Assembly approves two-for-one Share Split Romanel-sur-Morges, Switzerland/Fremont, Calif. - June 29, 2000 - Logitech (NASDAQ:LOGIY; Switzerland:LOGN, LOGZ), international market leader in human interface devices that define the way people link to information in business, at home and online, today announced that its shareholders have approved the previously announced 2 for 1 stock split of its registered shares. The stock split will be effective on July 5, 2000. As a result of the stock split, holders of record of registered shares as of the close of business on July 4, 2000 will hold double the number of registered shares. In addition, holders of record of American Depositary Shares as of the close of business on July 4, 2000 will hold double the number of American Depositary Shares. The current ratio of ten American Depositary Shares to one registered share will remain unchanged. The stock split will be reflected in the trading prices of the company's registered shares traded...
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Apr 27, 2000 Logitech Announces Stock Split
Romanel-sur-Morges, Switzerland/Fremont, Calif. - April 27, 2000 - Logitech (NASDAQ:LOGIY; Switzerland:LOGN, LOGZ), international market leader in human interface devices that define the way people link to information in business, at home and online, today announced that at a General Meeting of shareholders to be held on June 29, 2000, the company will propose a resolution authorizing a 2 for 1 stock split of its registered shares.

If the resolution is adopted, the stock split will be effected shortly thereafter. In connection with the stock split, each old American Depositary Share will be exchanged for two new American Depositary Shares of the company. The current ratio of ten American Depositary Shares to one registered share will remain unchanged. The prices of the company's registered shares traded on the SWX Swiss Exchange and the company's American Depositary Shares traded on the Nasdaq National Market would be adjusted on the effective date of the split.
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Apr 27, 2000 Logitech Delivers Record Year and Best Q4 Ever
Q4: Revenue up 19%, Operating Income up 122%, Net Income up 123% FY00: Revenue up 31%, Operating Income up 83%, Net Income up 73% Fourth Quarter Fiscal 2000 Highlights: Sixth consecutive quarter of record revenue: $175.9 million (19% year over year growth) Q4 operating income of $13.7 million - 122% increase over prior year Q4 net income of $9.4 million - 123% increase over prior year Fiscal 2000 Highlights: Fiscal 2000 revenue up 31%, operating income up 83%, net income up 73% (excluding non-recurring charges in Fiscal 1999) 76 million units shipped, 23 million carrying the Logitech logo - a 28% growth in total shipments and a 39% growth in branded units over last year Romanel-sur-Morges, Switzerland/Fremont, Calif. - April 27, 2000 - Logitech (NASDAQ:LOGIY; Switzerland:LOGN, LOGZ), international market leader in human interface devices that define the way people link to information in business, at home and online, today announced its sixth consecutive record quarter, bringing the...
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Jan 25, 2000 Logitech Posts Strongest Quarter Ever
20% Growth in Sales, 56% Growth in Profit Fueled by New Products on Holiday Shelves, Growing Internet Video Camera Market, Increasing Popularity of Radio-Based Cordless Devices Third Quarter Fiscal 2000 Highlights: Fifth consecutive quarter of record revenue: $185 million (20% year over year growth) Record net profit: $14.9 million (56% year over year growth) $19.7 million improvement in net cash position over same quarter last year Retail sales accounting for 76% of total revenue, compared with 70% for same quarter last year 128% growth in PC video camera sales Fremont, CA - January 25, 2000 - Logitech (NASDAQ:LOGIY; Switzerland: LOGN, LOGZ), international market leader in human interface devices that define the way people link to information in business, at home and online, today announced record results for the third quarter of fiscal 2000 ending December 31, 1999. Sales reached $185.4 million, an increase of 20 percent over sales of $154.5 million in the same quarter last year....
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