Dec 18, 2014 Logitech Shareholders Approve Proposals, Including Dividend, at Annual General Meeting
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that, at its annual general meeting held here today, the Company's shareholders approved a dividend of CHF 0.26 per share, an increase of 25 percent over the prior year, following a year of strong cash flow from operations. Logitech shareholders eligible for the dividend must purchase the shares by the close of trading on Dec. 23, 2014 on the SIX Swiss Exchange or the Nasdaq Global Select Market. The dividend is expected to be distributed on Dec. 30, 2014 . Shareholders will find more information about the dividend on the Logitech corporate website at http://ir.logitech.com . Also at the meeting, Logitech's shareholders elected to the board of directors Dimitri Panayotopoulos, and re-elected all current members of the board. The Company also announced that Daniel Borel, Logitech co-founder, will not stand for re-election to the board of directors at the 2015 annual general meeting, when his current term ends. In...
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Dec 8, 2014 Popular ‘GIF-ITI' Artist, INSA, Designs New Limited Edition UE BOOM
Ultimate Ears Introduces its Fifth Artist-Edition UE BOOM Today Ultimate Ears announced the Graffiti Fetish Edition UE BOOM, expanding its limited edition lineup of multi award-winning UE BOOM speakers to now include five artist editions. Designed by INSA, one of the United Kingdom's most celebrated graffiti artists, this collaboration celebrates the fusion of two art forms, music and graffiti gifs. Graffiti Fetish UE BOOM (Photo: Business Wire) In just a few short years, INSA has left a physical and digital mark on the art community with his distinctive use of color, shapes and technology. INSA's animated graffiti gifs, popularly known as ‘GIF-ITI,' are transforming the street craft by combining offline art with online capabilities. By meticulously painting and photographing a variety of painted graffiti layers, INSA then brings his street art to life through animated gifs. Now, he is bringing his popular shapes to life with music, on the acoustic skin of UE BOOM. "UE BOOM is one of...
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Dec 3, 2014 Logitech Honored by CEA with Four 2015 CES Innovation Awards
Logitech Keyboard and Logitech G Mice and Keyboards Recognized as Stand Out Products for 12 th year running Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced that four products have been named 2015 CES Innovation Awards Honorees. This year's recognition goes to the Logitech® Bluetooth® Multi-Device Keyboard K480, the Logitech® G502 Proteus Core Tunable Gaming Mouse, the Logitech® G402 Hyperion Fury™ Ultra-Fast FPS Gaming Mouse and the Logitech® G910 Orion Spark RGB Mechanical Keyboard. "Exceptional design is beautifully in-tune with people's lives and combines art and science in a way that's completely seamless for users," said Bracken Darrell , Logitech president and CEO. "Every product we create is focused on one powerful idea that is then reflected through every aspect of the experience. We strive not only to make beautiful products, but also to deliver an experience that sets them apart. Sometimes that manifests in obvious ways that permeate the...
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Nov 26, 2014 Logitech Files Quarterly Report on Form 10-Q for Q2 FY 2015
Company Up to Date with Financial Reporting Requirements Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it has filed its Quarterly Report on Form 10-Q for the second quarter of Fiscal Year 2015 with the U.S. Securities and Exchange Commission (SEC). As expected, prior to this 10-Q filing, Logitech received a standard notice from Nasdaq stating that the Company was not in compliance with the Nasdaq listing rule that requires timely filing of periodic financial reports with the SEC - Rule 5250(c)(1) - as a result of Logitech's delay in filing the 10-Q for the second quarter of Fiscal Year 2015. With this filing, Logitech is up to date with its financial reporting requirements and expects to regain compliance with the Nasdaq listing rule. "With our financial reporting up to date, our entire organization is enthusiastically focused on our long-term growth and making Logitech an amazing company that delivers amazing experiences to consumers," said Bracken P. Darrell...
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Nov 19, 2014 The New Logitech AnyAngle Brings Flexibility and Protection to the iPad Air 2 and iPad mini
The Case Designed to Provide a Comfortable Viewing Angle, No Matter What You Do Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced the newest addition to its suite of tablet products, the Logitech® AnyAngle™, a protective case with an any-angle stand for your iPad Air™ 2 and all iPad mini™ models. It's the case that adjusts, so that you don't have to. The Logitech AnyAngle, a protective case with an any-angle stand for your iPad Air 2 and all iPad mini models. It's the case that adjusts, so that you don't have to. (Photo: Business Wire) Tweet now: The new @Logitech AnyAngle for iPad Air 2 & iPad mini firmly holds your iPad at any angle in a 50° range. Learn more: http://logt.ly/cases "It's fascinating to see how people have changed the way they use their iPad since the product first entered the market," said Michele Hermann , vice president of mobility at Logitech . "The iPad is now used nearly everywhere - including in the kitchen or watching shows in bed - and Logitech's...
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Nov 18, 2014 Logitech Posts Annual Report, Invitation and Proxy Statement for 2014 Annual General Meeting
Company Now Meets SIX Swiss Exchange Listing Requirement Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced that it has filed its 2014 definitive proxy statement with the U.S. Securities and Exchange Commission (SEC), filed its annual report for Fiscal Year 2014 with the SIX Swiss Exchange and posted its annual report, invitation and proxy statement for the 2014 Annual General Meeting (AGM) on the Company's website at http://ir.logitech.com. Informational and voting materials will be mailed to Logitech registered shareholders during the week of Nov. 24, 2014. The AGM will take place in Lausanne, Switzerland on Dec. 18, 2014. With the posting of these materials, Logitech now complies with the listing requirement of the SIX Swiss Exchange to file and publish its annual report, consistent with the exception previously granted by the SIX Swiss Exchange . The Company is working with its new independent registered public accounting firm, KPMG LLP , to file its Quarterly...
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Nov 18, 2014 Ultimate Ears Teams Up With GRAMMY Award Winning Producer Skrillex to Design Limited Edition UE BOOM
UE Expands Artist Lineup with Fourth Artist-Edition UE BOOM Today Ultimate Ears announced the newest addition to its limited edition lineup of award-winning UE BOOM speakers with the custom designed Skrillex Edition UE BOOM. With this collaboration, UE provides a new avenue for the six-time GRAMMY Award® winning electronic dance music producer Skrillex to express yet another aspect of his creative talent with his own hand-drawn images covering UE BOOM. Skrillex Edition UE BOOM (Photo: Business Wire) Just as UE has disrupted how people listen to the music they love, out loud and on the go, Skrillex has transformed their music experience through the creative use of technology, tapping a variety of computer programs to write, record and mix his tracks. Now, his captivating visual style is reflected through his hand-drawn work in this custom designed UE BOOM. "UE BOOM is awesome because it's small, portable and powerful," Skrillex said. "They get so loud! I listen to them all the time on...
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Nov 14, 2014 Logitech Files FY 2015 Form 10-Q for Q1
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that it has filed its Quarterly Report on Form 10-Q for the first quarter of Fiscal Year 2015 with the U.S. Securities and Exchange Commission . As announced on Nov. 13, 2014, Logitech is working with its new independent registered public accounting firm, KPMG LLP (KPMG), to file its Quarterly Report on Form 10-Q for the second quarter of Fiscal Year 2015 as soon as possible. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. 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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Nov 13, 2014 Logitech Proposes FY 2014 Dividend Increase of 25%
Company to Hold FY 2014 AGM on December 18, 2014 Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that its Board of Directors has approved an annual dividend for FY 2014 of CHF 0.26 per share, an increase of 25 percent over the prior year, following a year of strong cash flow from operations. The annual dividend is subject to shareholder approval and is expected to be confirmed at Logitech's upcoming Annual General Meeting (AGM), which is scheduled for Dec. 18, 2014 in Lausanne, Switzerland. The ex-dividend date is expected to be Dec. 24, 2014 . If approved by shareholders at the Company's AGM, the approximate payment date for the dividend is expected to be Dec. 30, 2014 . Informational materials about the AGM will be mailed to Logitech registered shareholders during the week of Nov. 24, 2014 . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment...
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Nov 13, 2014 Logitech Files Fiscal Year 2014 Form 10-K
Company Appoints KPMG as its Independent Auditors for Fiscal Year 2015 Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it has filed its Form 10-K for Fiscal Year 2014 with the U.S. Securities and Exchange Commission. Additionally, the Audit Committee of Logitech's Board of Directors has appointed KPMG LLP (KPMG) as the Company's independent registered public accounting firm for Fiscal Year 2015, and intends to submit the nomination of KPMG Holding AG/SA for approval by Logitech's shareholders at its upcoming Annual General Meeting on Dec. 18, 2014. As announced by Logitech on Nov, 6, 2014, Logitech's appointment of a new independent registered public accounting firm for FY 2015 is due to PricewaterhouseCoopers LLP ("PwC"), the Company's current independent registered public accounting firm, informing Logitech on that date that it has concluded it is not independent with respect to the second quarter of Fiscal Year 2015. Logitech continues to work with PwC to...
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Nov 7, 2014 Logitech Delays Q2 Fiscal Year 2015 Form 10-Q Filing
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced a delay in the filing of its Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2014 . As previously disclosed, Logitech's Audit Committee, with the assistance of independent advisors, conducted an independent investigation of certain accounting matters related to the Company's previously issued financial statements. The Company also disclosed that it will restate its financial statements for the Fiscal Year ended March 31, 2012, selected financial data as of March 31, 2012 and 2011, and unaudited quarterly financial data as of and for the quarter ended June 30, 2011 due to an accounting misstatement for inventory valuation reserves for Logitech's discontinued Revue product. With the investigation now closed, Logitech has been performing the necessary work to complete and file its Annual Report for Fiscal Year 2014 in Switzerland and its Annual Report on Form 10-K for Fiscal Year 2014 and Quarterly Reports on...
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Nov 4, 2014 Logitech G Unveils G302 Daedalus Prime MOBA Gaming Mouse
Designed for and Tested by Professional Gamers, the Logitech G302 Delivers Performance and Accuracy Demanded by eSports Athletes Logitech (SIX:LOGN) (NASDAQ:LOGI), a leading innovator of gaming peripherals, today introduced its newest Logitech G mouse, the Logitech® G302 Daedalus Prime™ MOBA Gaming Mouse. Tested by professional MOBA gamers from around the world including players from Team SoloMid, Cloud9, CJ Entus Frost, CJ Entus Blaze, and Invictus Gaming, the Logitech G302 is designed to withstand the rigors of the highest tiers of professional eSports gaming. Specifically, its exclusive metal spring button tensioning system improves click responsiveness, making in-game actions fast and accurate. Logitech G302 Daedalus Prime MOBA Gaming Mouse (Photo: Business Wire) The Logitech G302 reflects our ongoing commitment to leverage science to design products that help gamers win. The buttons, shape and weight of this mouse are uniquely tuned to the demands of professional MOBA...
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Oct 28, 2014 Introducing Logitech Keys-To-Go: The Most Portable Keyboard Designed for iPad to Make Typing on Your Tablet Easier Whenever and Wherever
The Logitech Keys-To-Go, Logitech Type+ and Logitech Ultrathin Make Typing on the New iPad Air 2 Fast, Familiar and Flexible Today Logitech (SIX:LOGN) (NASDAQ:LOGI) unveiled the new Logitech® Keys-To-Go, a slender stand-alone Bluetooth® keyboard for any iPad that can fit anywhere and go everywhere, so you're never at a loss for words. Logitech has also updated its current lineup of protective iPad cases with integrated keyboards - including the Logitech® Type+ and the Logitech® Ultrathin - to be compatible with the new iPad® Air 2. The new Logitech Keys-To-Go is a standalone ultra-portable keyboard that is thin, light and durable to make it the perfect partner for on-the-go typing. (Photo: Business Wire) "People use their iPads everywhere and the Logitech Keys-To-Go was specifically designed to effortlessly support people's active lifestyles," said Michele Hermann, vice president of mobility at Logitech. "We have introduced the Logitech Keys-To-Go and updated our existing...
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Oct 28, 2014 Logitech Announces Dimitri Panayotopoulos as New Board Nominee
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that its board of directors will ask shareholders at its next annual general meeting (AGM) to approve the election to the board of directors of Dimitri Panayotopoulos , senior advisor with the Boston Consulting Group and former vice chairman of the Procter & Gamble Company. "We are enthusiastic about presenting Dimitri to our shareholders as a board nominee," said Guerrino De Luca, chairman of the Logitech board of directors. "His general management background, experience in Europe, Africa and Asia, and brand management and consumer expertise make Dimitri a strong addition to the Logitech board." At the AGM, the board will also ask shareholders to re-elect the current board members for a period of one year. More information about these nominees can be found in Logitech's preliminary proxy statement, which has been filed with the SEC and has been posted on the Company's website at http://ir.logitech.com . Logitech will...
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Oct 28, 2014 Logitech Receives Extension from SIX Swiss Exchange for Publishing FY 2014 Annual Report
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that the SIX Swiss Exchange has granted the Company an extension - until Dec. 3, 2014 - for publishing and submitting its Annual Report for Fiscal Year 2014. Logitech's Annual Report was originally scheduled to be published by July 31, 2014 , and the SIX Swiss Exchange had previously granted an extension until Oct. 31, 2014 . As previously disclosed, Logitech's Audit Committee, with the assistance of independent advisors, was conducting an independent investigation of certain accounting matters related to the Company's previously issued financial statements. With the investigation now closed, Logitech is performing the necessary work to complete and file its Annual Report for FY 2014, Annual Report on Form 10-K for FY 2014 and Quarterly Reports on Form 10-Q for Q1 and Q2 FY 2015. The Company intends to file these reports as soon as possible to regain compliance with SIX Swiss Exchange and Nasdaq listing requirements....
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Oct 22, 2014 Logitech Delivers Better-Than-Expected Results in Q2 FY 2015
Audit Committee's Independent Investigation Now Closed, Filings to Follow Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced preliminary unaudited and unreviewed financial results for the second quarter of Fiscal Year 2015. Q2 sales were $530 million , essentially flat compared to the prior year, with retail sales up 2 percent. Q2 GAAP operating income was $42 million , with GAAP earnings per share (EPS) of $0.22 , compared to $0.09 in the same quarter a year ago. Q2 non-GAAP operating income was $59 million , with non-GAAP EPS of $0.31 , compared to $0.20 a year ago. Q2 cash flow from operations was approximately $33 million , doubling year-over-year and the highest Q2 in the last five years. "Our performance in Q2 shows continued progress toward our full-year objectives, with growth in retail sales, better-than-expected profitability and improved cash generation," said Bracken P. Darrell , Logitech president and chief executive officer. "Sales in our Growth category -...
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Oct 6, 2014 Logitech to Announce Preliminary Second Quarter Fiscal 2015 Results
Company Receives Extension for Compliance with Nasdaq Listing Rule Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that it will release preliminary unreviewed quarterly financial results on Wednesday, Oct. 22, 2014 at 10:00 p.m. Eastern Daylight Time and Thursday, Oct. 23, 2014 at 04:00 Central European Summer Time. Due to an ongoing Audit Committee investigation, and because the Company has not yet filed its 10-K for Fiscal Year 2014 and 10-Q for the first quarter of Fiscal Year 2015, these second quarter financial results will be presented as preliminary. There will be a teleconference to discuss these results on Thursday, Oct. 23, 2014 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com . Separately, the Company has been granted an exception by Nasdaq, extending the deadline to Nov. 26, 2014 for complying with Listing Rule 5250(c)(1) by...
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Sep 17, 2014 Logitech Harmony Extends Its Expertise in Controlling the Living Room to the Entire Home
New Harmony Living Home Lineup Sits at the Center of Your Smart Home Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced it is bringing its expertise and leadership in universal remotes to the home control market with new home automation product compatibility and four new products. The new Harmony® Living Home lineup gives you easy access and control over a wide library of entertainment and home automation devices, all from one centralized control system. The Logitech Harmony Ultimate Home remote features a bright 2.4-inch color touch-screen and allows you to integrate and control all of your compatible home automation devices and up to 15 home entertainment devices. (Photo: Business Wire) "Harmony led the path for simplifying home entertainment, and now we've taken that expertise to also simplify home automation," said Chad Thompson, senior director of worldwide marketing and product management. "As more connected devices such as the Nest Learning Thermostat™, Philips® hue lights and...
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Sep 17, 2014 Logitech Engineers Most Advanced Mechanical Gaming Keyboard In the World
Logitech G910 Orion Spark Features Exclusive New Romer-G Mechanical Switches, Intelligent RGB Illumination and Arx Control Integration Logitech (SIX: LOGN) (NASDAQ: LOGI), a leading innovator of gaming peripherals, today announced the Logitech® G910 Orion Spark RGB Mechanical Keyboard. The keyboard features Logitech's exclusive new Romer-G™ mechanical switches, offering 25 percent faster actuation than any other mechanical switch, improved durability and intelligent Illumination. Logitech G910 Orion Spark RGB Mechanical Keyboard (Photo: Business Wire) "This keyboard is the culmination of years of ongoing development by our engineering team, incorporating feedback from gamers and eSports athletes to develop a next-generation mechanical key," said Vincent Tucker, director of Logitech gaming. "Our team was charged with developing a keyboard that truly improves the gaming experience, and Orion Spark delivers." Orion Spark combines lightning speed responsiveness, improved accuracy with...
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Sep 3, 2014 Logitech to Restate Prior Financial Statements
No Material Impact on Fiscal Year 2013 or 2014 Results, No Change to Cash Balance Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that based on findings of the previously disclosed investigation and related work, the Audit Committee of its Board of Directors has determined that Logitech previously issued financial statements for Fiscal Years 2011 and 2012 and the first quarter of Fiscal Year 2012 can no longer be relied on. This is due to an accounting misstatement for inventory valuation reserves for Logitech's discontinued Revue product. Accordingly, the Company will restate these financial statements as part of its Fiscal Year 2014 10-K filing. The company has discussed the matter relating to the restatement with its independent registered public accounting firm, PricewaterhouseCoopers LLP. The restatement will reflect an increase in the provision for inventory reserves during the fourth quarter of Fiscal Year 2011 related to the Revue product, and a corresponding...
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Sep 3, 2014 Logitech Unveils First Keyboard Designed For Your Computer, Smartphone and Tablet
Type Across Three Devices - on Any Major Operating System - with the Logitech Bluetooth Multi-Device Keyboard K480 Today Logitech (SIX: LOGN) (NASDAQ: LOGI) unveiled the Logitech® Bluetooth® Multi-Device Keyboard K480, the first desk keyboard designed for use with up to three devices, regardless of computing platform. Now you can type a report on your computer and, with the flick of the Easy-Switch™ dial, respond to a message on your smartphone and type a tweet on your tablet. The universal keyboard can connect to three different Bluetooth wireless devices at once, whether you are using a Windows®, Mac® or Chrome OS™ computer, or an Android™ or iOS tablet or smartphone. The Logitech(R) Bluetooth(R) Multi-Device Keyboard K480 is a desk keyboard that works with your computer, tablet and smartphone. "Typing needs have evolved and consumers are computing and texting across multiple screens, often using two or three different operating systems," said Charlotte Johs, global vice president...
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Aug 27, 2014 Logitech Receives Additional Extension from SIX Swiss Exchange for Publishing FY 2014 Annual Report
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that the SIX Swiss Exchange has granted the Company an additional extension - until Oct. 31, 2014 - for publishing and submitting its Annual Report for Fiscal Year 2014. Logitech's Annual Report was originally scheduled to be published by July 31, 2014 , and the SIX Swiss Exchange had previously granted an interim extension until Aug. 29, 2014 . As previously disclosed, Logitech's Audit Committee, with the assistance of independent advisors, is conducting an independent investigation of certain accounting matters related to the Company's previously issued financial statements. Related to the Audit Committee's investigation, the Company is performing additional work associated with its Fiscal Year 2014 Annual Report on Form 10-K, which might result in adjustments to the previously issued financial statements. Due to the investigation and the additional work being performed, Logitech has not yet filed its Fiscal Year 2014...
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Aug 17, 2014 Logitech Granted Nasdaq Extension for Compliance with Listing Rule
Company Also Receives Expected Nasdaq Notice Related to Delay in 10-Q Filing Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced two procedural steps related to the delay in filing its FY 2014 10-K and Q1 FY 2015 10-Q with the U.S. Securities and Exchange Commission (SEC). First, the Company has been granted an exception by Nasdaq, extending the deadline to October 15, 2014 for complying with Listing Rule 5250 © (1) by filing its 10-K and 10-Q. The exception was granted by Nasdaq based on a compliance plan submitted by Logitech in response to a previously announced Nasdaq request. Second, as expected, Nasdaq issued a non-compliance notice regarding Logitech's delay in filing its 10-Q for the first quarter of FY 2015. The Q1 filing cannot be completed until the 10-K is filed. This notice also relates to Listing Rule 5250©(1), which requires the timely filing of these reports with the SEC. Nasdaq also requested an update to Logitech's original compliance plan. The Nasdaq...
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Jul 30, 2014 Logitech G Unveils World's Fastest Gaming Mouse
The Logitech G402 Hyperion Fury Offers First-of-its-Kind Fusion Engine; Delivers Unmatched Speed and Precision Logitech (SIX:LOGN) (NASDAQ:LOGI), a leading innovator of gaming peripherals, today introduced the fastest gaming mouse ever made, the Logitech® G402 Hyperion Fury™ Ultra-Fast FPS Gaming Mouse. The Hyperion Fury features Logitech's exclusive Fusion Engine™ sensor technology that can reliably track over 500 inches per second (IPS) and Logitech's exclusive Delta Zero™ sensor technology for unrivaled accuracy. The Logitech G402 Hyperion Fury Ultra-Fast FPS Gaming Mouse (Photo: Business Wire) "We took on the challenge of creating the world's fastest mouse in service of FPS gamers, and after three years of intensive R&D we are proud to launch a mouse that only Logitech could develop," said Ehtisham Rabbani, general manager of the Logitech gaming business. "The Logitech G402 Hyperion Fury is the fastest gaming mouse, bar none, and the best mouse for high-speed FPS gameplay. Its...
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Jul 28, 2014 Logitech Receives Extension from SIX Swiss Exchange for Publishing FY 2014 Annual Report
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that the SIX Swiss Exchange has granted the Company an extension - until August 29, 2014 - for publishing and submitting its Annual Report for Fiscal Year 2014. Logitech's Annual Report was previously scheduled to be published by July 31, 2014 . As previously disclosed, Logitech's Audit Committee, with the assistance of independent advisors, is conducting an independent investigation of certain accounting matters related to the Company's previously issued financial statements. Related to the Audit Committee's investigation, the Company is performing additional work associated with its Fiscal Year 2014 Annual Report on Form 10-K, which might result in adjustments to the previously issued financial statements. The Audit Committee has not reached any conclusion because the investigation is ongoing. Due to the investigation and the additional work being performed, Logitech has not yet filed its Fiscal Year 2014 Annual Report...
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Jul 28, 2014 Logitech Announces Affordable UC Headset Designed for Comfort
New Logitech USB Headset H570e Delivers Enterprise-Quality Audio and Premium Features for Business Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the new Logitech USB Headset H570e, designed for all-day comfort, ease of use, and reliability, at an affordable price. Compatible with most unified communication (UC) platforms, the enterprise-quality H570e headset is stylish with unmatched features in its category, enhancing the UC and collaboration experience in the workplace. The new Logitech USB Headset H570e delivers enterprise-quality audio and premium features for business. (Photo: Business Wire) The H570e headset is available in stereo for employees who need to block out surrounding noise during desktop calls, and in mono for employees who prefer to have an open ear to their surroundings. It has a durable and adjustable padded headband for all-day comfort, while the metal reinforcement provides strength and flexibility for the best fit. The leatherette headset ear pads...
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Jul 23, 2014 Logitech Raises Profitability Outlook for Fiscal Year 2015 Following Strong Q1 Results
Company Reports Sales Growth, Improved Profitability and Increased Cash Flow Logitech International (SIX:LOGN)(Nasdaq:LOGI) today announced preliminary unaudited and unreviewed financial results for the first quarter of Fiscal Year 2015. Q1 sales were $484 million , up 1 percent over the prior year, with retail sales up 3 percent. Q1 GAAP operating income was $25 million , with GAAP earnings per share (EPS) of $0.13 , compared to $0.01 in the same quarter a year ago. Q1 non-GAAP operating income was $44 million , with non-GAAP EPS of $0.23 , compared to $0.07 a year ago. Q1 cash flow from operations was approximately $28 million . "We have started the new fiscal year with a strong Q1 performance, delivering sales growth, year-over-year improvement in profitability and improved cash generation," said Bracken Darrell , Logitech president and chief executive officer. "Q1 sales in our Growth category - which includes PC Gaming, Tablet and Other Accessories, and Mobile Speakers - were up...
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Jul 22, 2014 Ultimate Ears Teams with Skateboard Artist Don Pendleton to Roll Out New Limited Edition UE BOOM
Ultimate Ears Expands Limited-Edition Lineup with UE BOOM - Jettison Edition Today Ultimate Ears is expanding its limited-edition lineup of UE BOOM with the announcement of its collaboration with artist Don Pendleton on UE BOOM - Jettison Edition. This limited-edition run of UE BOOM is designed with Pendleton's distinct organic cubist graphic style and is the latest in a series of one-of-a-kind acoustic skins for UE BOOM, aimed to blend people's passions for music, design and art. UE BOOM - Jettison Edition (Photo: Business Wire) For almost two decades, Pendleton has made his mark on the skate industry with his design patterns appearing on products from a variety of notable brands, such as Alien Workshop, Burton Snowboards, Element Skateboards, etnies and Mountain Dew®. Now, Pendleton is turning up the volume on his art, bringing his recognizable colors and shapes to the smart acoustic skin of UE BOOM. "Don has been a major force in fusing the two worlds of art and skate," said Rory...
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Jul 7, 2014 UE BOOM from Ultimate Ears Wins Gold Industrial Design Excellence Award from Industrial Designers Society of America
UE BOOM Clinches Entertainment Category Today Ultimate Ears announced that its popular UE BOOM wireless speaker has won a prestigious 2014 Gold Industrial Design Excellence Award (IDEA) in the entertainment category from the Industrial Designers Society of America (ISDA). This is the first IDEA win for the Ultimate Ears brand and fourth design win for UE BOOM since its introduction in May 2013. UE BOOM (Photo: Business Wire) "Our goal was to build a speaker that would change standard one-directional sound, so we created a 360-degree experience for people to listen - and share - their music with friends all around them, just how music was meant to be enjoyed," said Rory Dooley, general manager of Ultimate Ears. "The design of UE BOOM keeps the social aspect of music at the forefront, while allowing people to pick it up and go anywhere without worrying about damaging it. This speaker can take almost anything. We are honored to have received this prestigious design award for UE BOOM." UE...
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Jul 7, 2014 Logitech to Announce Preliminary First Quarter Fiscal 2015 Results
Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced that it will release preliminary unaudited quarterly financial results on Wednesday, July 23, 2014 at 10:00 p.m. Eastern Daylight Time and Thursday, July 24, 2014 at 04:00 Central European Summer Time. Due to an ongoing Audit Committee investigation, and because the Company has not yet filed its Form 10-K for Fiscal Year 2014, these first quarter financial results will be presented as preliminary. There will be a teleconference to discuss these results on Thursday, July 24, 2014 at 8:30 a.m. Eastern Daylight Time and 14:30 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 is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation,...
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Jun 24, 2014 Logitech Harmony Ultimate Now Compatible with Nest Learning Thermostat
Expands Simple Control of Your Home Devices from the Comfort of Your Couch Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced an update to its Harmony® Ultimate remote, allowing you to view and adjust your Nest® Learning ThermostatTM settings directly from the remote's 2.4-inch color touch-screen. In addition to controlling temperature, you can also change the thermostat's settings, such as switching from heating to cooling or turning the system off completely. Logitech announces an update to its Harmony Ultimate remote, allowing you to view and adjust your Nest Learning Thermostat settings directly from the remote's 2.4-inch color touch-screen. (Photo: Business Wire) "With the Logitech Harmony Ultimate you can already control a wide variety of devices in your home, and with this Nest Thermostat integration Logitech now delivers on one of the most requested features we hear from our customers - temperature control from the comfort of your couch," said Joerg Tewes, vice president and...
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Jun 12, 2014 Logitech Expands its Tablet Keyboard Lineup with the Logitech Type-S for the Samsung Galaxy Tab S
The New Logitech Type-S Lets you Create, Explore and Say More with your Tablet Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the Logitech® Type-S, a thin and light protective keyboard case for the new Samsung Galaxy Tab S 10.5-inch. Featuring a built-in Bluetooth®-enabled keyboard with an optimized layout, well-spaced keys and versatile viewing positions, this keyboard case gives you added functionality and protection for your Samsung Galaxy Tab S 10.5-inch. The Logitech Type-S is a thin and light protective keyboard case for your Samsung Galaxy Tab S 10.5-inch. The Logitech Type-S features a built-in Bluetooth enabled keyboard with well-spaced keys, Android shortcuts and versatile viewing positions, giving you added functionality and protection for your tablet. (Photo: Business Wire) "The new Samsung Galaxy Tab S is impressively thin and light, and we designed the Logitech Type-S with that in mind," said Mike Culver, vice president and general manager of mobility at Logitech....
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Jun 10, 2014 Logitech Joins Forces with Top eSports Teams Around the Globe
Teams To Use Logitech G Headsets, Mice, Keyboards and Mouse Pads in Competition Logitech (SIX: LOGN) (NASDAQ: LOGI), a leading innovator of gaming peripherals, today underscored the company's strong commitment to eSports with the announcement of a roster of top professional gaming organizations from around the globe that use Logitech G hardware to dominate in competitive gameplay. The teams using Logitech G gear include Alliance in Sweden and Germany , CJ Entus in Korea , DetonatioN in Japan , Invictus Gaming in China , mYinsanity in Switzerland , XCN in Indonesia and Cloud 9 , Hammer Time and Team SoloMid in the U.S. In addition to inspiring new products and providing early feedback on products before they come to market, these teams use a mix of Logitech G hardware including headsets, mice, keyboards and mouse pads whenever they play and make appearances on behalf of Logitech G throughout the year. "The teams on our roster are the best in the world and need gear that can perform at...
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Jun 9, 2014 Logitech Harmony Introduces New Features Including Sonos Integration and Speech-to-Text Search
Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced that you can now use your Logitech Harmony® Ultimate or Logitech Harmony® Smart Control to control additional devices including your SONOS® wireless HiFi System speakers, no matter where they are in the home. In addition to controlling playback and volume directly from your remote, you can access your Sonos Favorites playlists from the color touch-screen of the Harmony Ultimate or through your tablet or smartphone using the free Harmony App. Control playback and volume of your Sonos wireless speakers directly from the Logitech Harmony Ultimate remote or through your tablet or smartphone using the free Harmony App. (Photo: Business Wire) "With these added integrations we're creating an even more robust Harmony ecosystem that makes it easier for you to create the optimum home-entertainment experience, including listening to your favorite playlists on Sonos wireless speakers, and setting your Philips Hue lights to the perfect brightness...
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Jun 4, 2014 Logitech Receives Expected Nasdaq Notice Related to Delay in 10-K Filing
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that, as expected, the Company received a standard notice from Nasdaq stating that Logitech is not in compliance with the Nasdaq listing rule that requires timely filing of reports with the U.S. Securities and Exchange Commission - Rule 5250(c)(1). The June 3, 2014 letter was sent as a result of Logitech's delay in filing its FY 2014 10-K for the year ended March 31, 2014 , which the Company announced on May 21, 2014 . The Nasdaq notice has no immediate effect on the listing or trading of Logitech's common stock on the Nasdaq Global Select Market. Under the Nasdaq rules, the Company has 60 days to submit a plan to regain compliance. If the plan is accepted, Logitech could be granted up to 180 days from the 10-K's due date to regain compliance. The Company expects to submit a plan to regain compliance within the timeline prescribed by Nasdaq. Logitech plans to file its 10-K as soon as possible, following the completion...
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Jun 4, 2014 Express Yourself in Style with the 2014 Logitech Color Collection
Logitech Color Collection Offers Most Popular Mice in Eye-Catching Designs Today Logitech (SIX: LOGN) (NASDAQ: LOGI), the worldwide market leader in mice, unveiled its sixth-annual design collection, releasing three of its most popular mice in new eye-catching patterns and contemporary colors. This bright, vibrant collection puts a wide range of fashionable looks in the palm of your hand. Logitech 2014 Color Collection (Photo: Business Wire) "The 2014 Logitech Color Collection was designed to reflect the open expression of individuality in today's society," said Charlotte Johs, global vice president of brand development for PC accessories at Logitech. "Colors and patterns can influence your mood and reflect your style. With our new collection's bold designs and vibrant colors, you can show the world how unique you are." From two-tone classics to eye-catching prints, the 2014 Logitech Color Collection adds fashionable designs to some of Logitech's most popular mice. Colors, patterns,...
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May 21, 2014 Logitech Announces Delay in Form 10-K Filing
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that the filing of its Annual Report on Form 10-K for the year ended March 31, 2014 will be delayed beyond the required filing date of May 30, 2014 . The Audit Committee, with the assistance of independent advisors, is conducting an independent investigation of certain accounting matters related to the Company's previously issued financial statements. Some of the issues being reviewed by the Audit Committee are also the subject of an ongoing formal investigation by the SEC, including the revision to the Company's financial statements concerning warranty accruals and amortization of intangible assets presented in its Form 10-K/A, filed on August 7, 2013, and the Company's transactions with a distributor for Fiscal Year 2007 through Fiscal Year 2009. The Company is cooperating with the SEC in its ongoing investigation. Logitech recently entered into an agreement with the SEC to extend the statute of limitations and cannot...
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May 21, 2014 Lifesize Reinvents Video Collaboration…Again
Lifesize's New SaaS Offering Empowers Employees with Connected Experience from Video Conferencing Rooms to Anyone on Laptops and Mobile Devices Lifesize, a division of Logitech (NASDAQ: LOGI) (SIX: LOGN), is reimagining the video conferencing experience with the introduction of Lifesize Cloud. The perfect blend of software, hardware, service and UX, Lifesize Cloud is the first and only service that provides a connected experience to anyone using smartphones, tablets, laptops and especially conference rooms. Lifesize Cloud is delivered as software-as-a-service (SaaS) and is for organizations that want business-class video collaboration without taxing their budget or IT resources. "There is no question that video collaboration is aggressively moving toward the cloud, while the customer need for affordable room video systems and a more simplified user experience continues to surge," said Roopam Jain , industry director of enterprise communications and collaboration for Frost &...
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Apr 23, 2014 Logitech's Q4 FY 2014 Sales, Profit and Cash from Operations Exceed Expectations
Strong FY 2014 Puts Logitech Ahead of Turnaround Plan NEWARK, Calif. - April 23, 2014 and LAUSANNE, Switzerland, April 24, 2014 - Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2014. Q4 FY 2014 sales were $485 million, up 3 percent over the prior year. Q4 GAAP operating income was $7 million, with GAAP earnings per share (EPS) of $0.07, compared to a loss a year ago. Q4 non-GAAP operating income was $23 million, with non-GAAP EPS of $0.14, compared to $0.01 in the same quarter a year ago. For the full 2014 fiscal year, ended March 31, 2014, sales were $2.12 billion, up 1 percent year over year - the Company's first year of sales growth since FY 2011. FY 2014 GAAP operating income was $77 million, with GAAP EPS of $0.46, compared to an operating loss in the prior year. FY 2014 non-GAAP operating income more than doubled to $140 million, with non-GAAP EPS of $0.76, up from $0.31 a year ago. Cash...
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Apr 22, 2014 Logitech Introduces New Lineup of Protective Cases for iPad
Logitech Hinge, Logitech Big Bang and Logitech Turnaround: Designed to Make iPad Adjust to You Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced the expansion of its tablet product line with three new cases - the Logitech® Hinge, the Logitech® Big Bang and the Logitech® Turnaround - each for the iPad® Air, iPad® mini and iPad mini with Retina display that give your iPad flexibility and improve your viewing experience, during work or play. Logitech Hinge is a flexible case with a unique hinge that lets your iPad glide into any viewing angle within a 50-degree range. (Photo: Business Wire) The Logitech Hinge is a flexible case with a smooth-gliding hinge, so regardless of what you're doing - watching movies with your family, mastering that difficult yoga pose or learning a new song on your guitar - it has the perfect viewing angle. The Logitech Big Bang offers the impact protection like a bulky, rugged case, but comes in a thin and light folio design. The Logitech Turnaround is a...
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Apr 22, 2014 Logitech Upgrades Number One Selling Keyboard Cover for iPad
The Other Half of your iPad Just Got Even Better: Thinner, Lighter and More Flexible Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced an update to its tablet accessories product line with the new Logitech® Ultrathin for iPad® Air, iPad® mini and iPad® mini with Retina display, which improves the flexibility and design of its award-winning predecessor with an even thinner and lighter keyboard cover, and a new multi-angle slot that adds the freedom to adjust the viewing angle. The new Logitech Ultrathin for iPad Air, iPad mini and iPad mini with Retina display improves the flexibility and design of its award-winning predecessor with an even thinner and lighter keyboard cover, and a new multi-angle slot that adds the freedom to adjust the viewing angle. (Photo: Business Wire) "The way we use the iPad is changing," said Mike Culver, vice president and general manager of mobility at Logitech. "The iPad is no longer just for content consumption; it is for content creation wherever you...
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Apr 9, 2014 Navigate Your Connected TV, Even in the Dark with Logitech's New Illuminated Keyboard
Logitech's First Illuminated Living-Room Keyboard K830 Lets You View and Control Your TV-Connected PC Today Logitech (SIX: LOGN) (NASDAQ: LOGI) introduced the Logitech® Illuminated Living-Room Keyboard K830 to brighten your connected-TV experience. The rechargeable keyboard features backlit keys, an integrated touchpad, and advanced wireless connectivity, so you can type and click from your couch or bed - even in the dark. The Logitech Illuminated Living-Room Keyboard K830 is designed to enhance your TV entertainment experience. It's the best way to wirelessly control your connected TV, even in the dark, thanks to the bright backlit keys and a built-in touchpad. (Photo: Business Wire) "More and more consumers want an easy way to access movies, TV programs, music and photos with their PC connected to a TV," said Charlotte Johs, global vice president of brand development for PC accessories at Logitech. "Our new Illuminated Living-Room Keyboard K830 is designed with this setup in mind....
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Apr 8, 2014 Logitech Launches First-of-Its-Kind Logitech G Tunable Gaming Mouse
Logitech G502 Proteus Core Combines 12,000 DPI, Surface Tuning, and Weight Balancing Logitech (SIX: LOGN) (NASDAQ: LOGI), a leading innovator of gaming peripherals, today introduced its newest Logitech G mouse, the Logitech® G502 Proteus Core Tunable Gaming Mouse. This extremely customizable mouse combines the world's first 12,000 DPI sensor with advanced surface and weight tuning to help you maximize your victory potential. The Logitech G502 Proteus Core Tunable Gaming Mouse (Photo: Business Wire) "I've been super excited to use this mouse in public, I got to test it and it felt great! Was super comfortable and just fit perfectly to my hand," said Hai Lam, team captain for Cloud 9. "Adjusting the DPI is super easy and very flexible. This is probably my favorite mouse to date!" As with every product in the Logitech G lineup, Proteus Core reflects Logitech's commitment to putting science to work to help you win. "With the world's best sensor technology, complete surface, weight and...
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Apr 7, 2014 Logitech to Announce FY 2014 Fourth Quarter, Full-Year Results
Logitech International (SIX: LOGN)(Nasdaq: LOGI) today announced that it will release FY 2014 quarterly and full-year financial results on Wed., April 23, 2014 at 10:00 p.m. Eastern Daylight Time and Thurs., April 24, 2014 at 04:00 Central European Summer Time. There will be a teleconference to discuss these results on Thurs., April 24, 2014 at 8:30 a.m. Eastern Daylight Time and 14:30 Central European Summer Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. Prepared Remarks Available Online Logitech will make its prepared written remarks for the financial results teleconference available online at the same time as the release of its quarterly financial results on the Logitech corporate Web site at http://ir.logitech.com, in the Calendar section. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment...
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Mar 6, 2014 Logitech Confirms High End of FY 2014 Financial Outlook, Raises FY 2015 Outlook, Introduces Long-Term Financial Model
Company Hosts Analyst and Investor Day for an Update on its Turnaround Prior to a meeting today with financial analysts and investors in New York City, Logitech International (SIX: LOGN)(Nasdaq: LOGI) announced: Full-year FY 2014 financial performance at the high end of the outlook provided in January 2014 : $2.1 billion in sales and $125 million in non-GAAP operating income. Full-year financial outlook for FY 2015 of $2.16 billion in sales and $145 million in non-GAAP operating income, raised from the FY 2015 outlook provided in May 2013 . Long-term financial model that includes an annual non-GAAP operating profit margin greater than 10%. A $250 million share buyback program, subject to the approval of the Swiss Takeover Board. "We're very confident that we are on the right track with our turnaround strategy," said Bracken Darrell , Logitech president and chief executive officer. "Consumers are showing their approval of our renewed emphasis on product design. We're building momentum...
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Mar 6, 2014 Logitech Announces $250 Million Share Buyback Program
Logitech International (SIX:LOGN)(Nasdaq:LOGI) today announced that its board of directors has approved a new share buyback program, which authorizes the Company to invest up to $250 million to purchase its own shares, subject to the approval of the Swiss Takeover Board. Logitech's share buyback program is intended to create shareholder value by making opportunistic repurchases during periods of favorable market conditions and is expected to be completed in three years. Shares may be repurchased from time to time on the open market, through block trades or otherwise. Purchases may be started or stopped at any time without prior notice depending on market conditions and other factors. In a separate announcement today , prior to the Company's Analyst and Investor Day, Logitech confirmed its FY 2014 full-year financial outlook at the high end of the range provided in January 2014 , raised its full-year financial outlook for FY 2015 and provided a long-term financial model. About Logitech...
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Mar 5, 2014 Limited Edition UE BOOM Rocks Vibrant New Skin by Legendary Street Artist Kenny Scharf
Ultimate Ears Teams with Scharf on Special Blablobs UE BOOM Today Ultimate Ears unveiled the latest artist partnership for its popular line of limited edition UE BOOMs. Teaming with New York City street art legend Kenny Scharf, this limited edition run of UE BOOM sports Scharf's celebrated Blablobs design. Limited Edition Kenny Scharf Blablobs UE BOOM (Photo: Business Wire) This design collaboration is the latest in a series of one-of-a-kind acoustic skins for the UE BOOM, reflecting the vibrant, spontaneous and socially immersive qualities shared by both Scharf and Ultimate Ears. Since the early 1980s, Scharf has revolutionized the New York City art world, bringing a galaxy of colorful characters to the streets. Now, he's bringing his joyful brew of pop abstract surrealism to the smart acoustic skin of the UE BOOM. "This collaboration with Kenny is also a metaphor for Ultimate Ears' mission," said Rory Dooley , general manager of Ultimate Ears. "In their simplest form, music and art...
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Feb 27, 2014 Logitech CFO Vincent Pilette to Present at Raymond James & Associates' 35th Annual Institutional Investors Conference
Logitech International (SIX: LOGN)(Nasdaq: LOGI) today announced that Vincent Pilette , Logitech chief financial officer, will present at the Raymond James & Associates' 35th Annual Institutional Investors Conference on Tues. March 4, 2014 at 11:00 a.m. Eastern Standard Time at the JW Marriott Grand Lakes in Orlando, Florida . A live webcast and replay will be available on the Logitech corporate Web site at http://ir.logitech.com. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. 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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Feb 13, 2014 LifeSize Founder Craig Malloy Rejoins LifeSize as Chief Executive Officer
Logitech (NASDAQ:LOGI) (SIX:LOGN) today announced that LifeSize founder Craig Malloy has rejoined the company as chief executive officer of LifeSize and senior vice president of Logitech . Malloy is a leader in the video conferencing industry who founded LifeSize in 2003, oversaw its acquisition by Logitech in 2009 and served as LifeSize's CEO until 2012. Over the past year, Malloy has continued to work closely with the LifeSize and Logitech leadership teams as vice chairman of LifeSize's supervisory board. "We welcome Craig's experience and leadership abilities in the video conferencing industry to steer LifeSize at this transformative time and accelerate its ability to bring innovative video solutions to customers of all sizes," said Bracken Darrell , Logitech president and chief executive officer. "Under his leadership, LifeSize is well-positioned to win in this changing market place." "LifeSize's legacy as a pioneer and world leader in video collaboration is one of the crowning...
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Feb 5, 2014 Logitech to Brief Financial Community on Progress with its Turnaround and Growth Opportunities in Mobility
Meeting to Be Held on March 6 in New York City Logitech International (SIX: LOGN) (NASDAQ: LOGI) today announced it will hold an Analyst and Investor Day in New York City on Thursday, March 6, 2014. Presentations will begin at 9:00 a.m. Eastern Standard Time and 15:00 Central European Time. The half-day meeting will feature presentations by Logitech executives covering an update on the company's turnaround, key company growth opportunities, especially in mobility, business strategy and financial model. A live webcast and replay of the meeting will be available on the Logitech corporate Web site at http://ir.logitech.com. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the...
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Jan 30, 2014 Logitech Files Quarterly Report on Form 10-Q
Logitech International (SIX: LOGN)(Nasdaq: LOGI) today announced that on Jan. 30, 2014 , it filed with the U.S. Securities and Exchange Commission its Quarterly Report on Form 10-Q for the third quarter of Fiscal Year 2014. The filing is available on Logitech's website at http://ir.logitech.com . About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined hardware and software enable or enhance digital navigation, music and video entertainment, gaming, social networking, audio and video communication over the Internet, video security and home-entertainment control. 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). Logitech, the Logitech logo, and other Logitech marks are registered in Switzerland and other countries. All other...
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Jan 27, 2014 Logitech Unveils Breakthrough Group Video Conferencing Solution
Logitech ConferenceCam CC3000e turns any meeting room into a video-enabled collaboration room Logitech (SIX: LOGN) (NASDAQ: LOGI) today introduced a breakthrough video conferencing solution. While a typical video conferencing setup can cost $7,000 or far more, the Logitech® ConferenceCam CC3000e - at under $1,000 - is a powerful yet affordable video conferencing solution that can turn any small or midsize conference room into a video-enabled collaboration room. Optimized for workgroups of six to 10 people, the Logitech ConferenceCam CC3000e is an all-in-one solution with 1080p HD video, enterprise-quality audio and the ability to easily connect to a laptop or thin client to give workers the productivity benefits of crystal-clear, face-to-face communication. Logitech ConferenceCam CC3000e turns any meeting room into a video-enabled collaboration room (Photo: Business Wire) With its flexibility and affordability, the Logitech ConferenceCam CC3000e empowers companies of all sizes to...
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Jan 27, 2014 Logitech Wins Seven 2014 iF Product Design Awards
Today Logitech (SIX: LOGN) (NASDAQ: LOGI) announced that seven of its products have won the prestigious 2014 iF product design award for excellence in the computer and audio/video categories. This marks the company's fourth consecutive year of recognition, and the first time Logitech has had seven winning products in one year. This year's winners are the UE BOOM , Logitech® FabricSkin Keyboard Folio , Logitech® G602 Wireless Gaming Mouse , Logitech® Ultrathin Touch Mouse , Logitech® Wireless Rechargeable Touchpad T650 , Logitech® Bluetooth® Illuminated Keyboard K810 and Logitech® Bluetooth® Speakers Z600 . "The iF award celebrates outstanding achievements in design, and we are proud to be recognized an unprecedented seven times this year," said Bracken Darrell, Logitech president and chief executive officer. "These awards validate our whole team's commitment - from R&D through to the customer's experience - to design products that create an emotional connection with people." In...
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Jan 22, 2014 Logitech Delivers Better-Than-Expected Q3 FY 2014 Results, Raises Full-Year Outlook
Turnaround on Track with Retail Sales Up 4% and Significant Profit Improvement NEWARK, Calif. - Jan. 22, 2014 and LAUSANNE, Switzerland, Jan. 23, 2014 - Logitech International (SIX: LOGN)(Nasdaq: LOGI) today announced financial results for the third quarter of Fiscal Year 2014, with better-than-expected total sales of $628 million, up 2 percent compared to the third quarter of the prior year. Q3 GAAP operating income was $53 million, with GAAP earnings per share (EPS) of $0.30 compared to a loss a year ago. Q3 non-GAAP operating income was $67 million, with non-GAAP EPS of $0.35, up 84 percent year over year. Cash flow from operations for Q3 was $94 million. Retail sales for Q3 were up 4 percent year over year. Combined, Logitech's retail growth categories delivered 62 percent growth compared to the prior year. Tablet Accessories sales grew 95% Audio - Wearables and Wireless sales grew 79% PC Gaming sales grew 25% "We're pleased by our solid Q3 performance, with both sales and profit...
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Jan 6, 2014 Logitech Introduces First Protective Case with Keyboard for the New Samsung Galaxy NotePRO and Galaxy TabPRO
Logitech PRO Provides Laptop-Like Typing Packaged in a Thin Protective Case Today Logitech (SIX:LOGN) (NASDAQ:LOGI) announced the expansion of its market-leading tablet accessories lineup with Logitech® PRO, a slim protective case with a full-size, built-in Bluetooth® keyboard for the new 12.2-inch Samsung Galaxy NotePRO and Samsung Galaxy TabPRO. The precision-engineered, two-sided folio provides durable protection in a slim design to keep your Samsung Galaxy NotePRO and Galaxy TabPRO safe while on the go. Logitech(R) PRO (Photo: Business Wire) "Samsung designed these new tablets with a 12.2-inch, crystal clear display to enhance productivity and media consumption, and with this in mind we created Logitech PRO," said Mike Culver, vice president of tablet products at Logitech. "Logitech PRO helps protect both sides of your tablet, while maintaining a slim design for daily use on the go. Couple that with its full-size keyboard and dedicated shortcut keys, and it is the...
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Jan 6, 2014 Logitech to Announce Third Quarter Fiscal 2014 Results
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that it will release quarterly financial results on Wednesday, Jan. 22, 2014 at 10:00 p.m. Eastern Standard Time and Thursday, Jan. 23, 2014 at 04:00 Central European Time. There will be a teleconference to discuss these results on Thursday, Jan. 23, 2014 at 8:30 a.m. Eastern Standard Time and 14:30 Central European Time. A live webcast of the call will be available on the Logitech corporate website at http://ir.logitech.com. Prepared Remarks Available Online Logitech will make its prepared written remarks for the financial results teleconference available online at the same time as the release of its quarterly financial results on the Logitech corporate Web site at http://ir.logitech.com, in the Calendar section. About Logitech Logitech is a world leader in products that connect people to the digital experiences they care about. Spanning multiple computing, communication and entertainment platforms, Logitech's combined...
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