Market Overview

UPDATE: Logitech Posts Upbeat FQ2 Profit

Related LOGI
NTELOS Holdings (NTLS) Jumps: Stock Rises 8.4% - Tale of the Tape
LG Display (LPL) Worth Watching: Stock Rises 7.1% - Tale of the Tape

Logitech International SA (NASDAQ: LOGI) reported upbeat profit in its fiscal second quarter.

Logitech's quarterly net profit rose to $55 million, from $17.4 million, in the year-ago period. However, analysts were expecting a net profit of $18.3 million.

Its sales dropped to $548 million from $589.2 million, versus analysts' estimates of $580 million.

Logitech shares closed at $8.76 yesterday.

Posted-In: profitEarnings News


Most Popular

Related Articles (LOGI)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free