Recent Updates — LOGI
Logitech International S.A. reported preliminary financial results for the second quarter of Fiscal Year 2027 ended September 30, 2026. Net sales reached $1.22 billion, a 3 percent increase in US dollars compared to the prior year period. GAAP net income was $180 million, or $1.25 per diluted share, up 9 percent from the previous year. Non-GAAP operating income rose 0.4 percent to $231 million, while gross margin expanded to 44.9 percent on a GAAP basis. The company returned $406 million to shareholders through dividends and share repurchases during the quarter. Logitech provided Q3 FY27 sales guidance of $1.36 billion to $1.43 billion, citing an estimated negative impact of $70 million to $80 million from a semiconductor supplier incident. The company operates in the technology sector, designing hardware solutions for work and gaming.
Logitech International S.A. held its Annual General Meeting on September 8, 2026, where shareholders approved the fiscal year 2026 financial statements and re-elected all nominated directors to the Board of Directors and various committees. The company also ratified KPMG as its independent auditor and approved amendments to its Articles of Incorporation regarding its registered office and board mandate limits. Shareholders authorized a dividend payment with an ex-dividend date expected on September 21, 2026 (SIX Swiss Exchange) or September 22, 2026 (Nasdaq), a record date of September 22, 2026, and a payment date of September 23, 2026. Logitech International S.A. designs and manufactures computer peripherals, audio devices, and video conferencing equipment for consumers and businesses.
Logitech International S.A. reported financial results for the first quarter of Fiscal Year 2027, ending June 30, 2026. Sales reached $1.23 billion, a 7% increase in US dollars, driven by double-digit growth in Pointing Devices and Gaming. GAAP diluted earnings per share rose 66% to $1.63, while non-GAAP diluted EPS increased 47% to $1.85. The company returned $114 million to shareholders via share repurchases and holds $1.75 billion in cash. Logitech provided Q2 FY27 sales guidance of $1.185–$1.220 billion and non-GAAP operating income of $185–$210 million. Management highlighted a supply chain headwind from a semiconductor supplier incident, estimating up to $200 million in net sales impact for Q3. Logitech designs software-enabled hardware solutions for work, creation, and gaming.