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Logitech (LOGI)
NASDAQ:LOGI
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Earnings Data
Report Date
Jan 28, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
1.38Last Year’s EPS
1.53Same Quarter Last Year
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 23, 2018
|% Change Since: -5.00%
|Next Earnings Date:Jul 31, 2018
Earnings Call Sentiment|Neutral
Logitech demonstrated strong revenue growth and margin expansion, supported by innovation and strategic initiatives. However, potential future margin pressures, intense competition in China, and high operating expenses present challenges.Company Guidance
In the recent earnings call for Logitech's Q2 2025, significant metrics highlighted the company's robust performance and strategic outlook. Net sales increased by 6% year-over-year, with demand contributing roughly 4 percentage points to this growth. The gross margin rate reached 44.1%, a 210 basis point rise from the previous year, supported by product cost reductions and strategic operational measures. The company's cash position remained strong at nearly $1.4 billion, with $340 million returned to shareholders through share repurchases and dividends. Looking ahead, Logitech anticipates a gross margin rate between 42% to 43% for the fiscal year, acknowledging seasonal promotions and higher freight costs as potential pressures. The firm also raised its fiscal year 2025 outlook, indicating confidence in sustained revenue and profit growth based on its first-half performance.Strong Revenue Growth
Net sales were up 6% year-over-year, with demand accounting for 4 points of that growth. The growth was broad-based across product categories and regions, including a standout performance from EMEA.
Gross Margin Expansion
Gross margin rate increased to 44.1%, up 210 basis points year-over-year. This marks the fifth consecutive quarter of gross margin expansion, driven by product cost reductions and higher demand.
Innovative Product Launches
Logitech launched several new products, including 18 gaming products and new video conferencing solutions. Events such as Logi PLAY and Logi WORK were successful in generating momentum.
Recognition and Brand Strength
Logitech was named one of TIME Magazine's World's Best Brands of 2024 and Forbes recognized it as one of the World's Best Employers.
Strong Cash Position
Logitech maintained a healthy cash position of nearly $1.4 billion, with significant returns to shareholders including a $340 million buyback and increased dividends.
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LOGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LOGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 22, 2024 | $91.81 | $83.99 | -8.52% |
| Jul 22, 2024 | $87.52 | $90.60 | +3.52% |
| Apr 30, 2024 | $78.19 | $77.16 | -1.32% |
| Jan 23, 2024 | $94.42 | $83.52 | -11.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Logitech (LOGI) report earnings?
Logitech (LOGI) is schdueled to report earning on Jan 28, 2025, TBA Not Confirmed.
What is Logitech (LOGI) earnings time?
Logitech (LOGI) earnings time is at Jan 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LOGI EPS forecast?
LOGI EPS forecast for the fiscal quarter 2025 (Q3) is 1.38.
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