Logitech ended FY22 with revenues in line with consensus estimates but profitability above them. Revenue growth came from three similar categories which more than offset the decline in others. Gross and operating margins did come under pressure but were within the group’s targets. As expected, operating expenses increased on account of higher investments in the business. For FY23, the company trimmed its outlook citing the Russia-Ukriane conflict, currency headwinds, ongoing cost inflation and l ....
04 May 2022
An earnings beat closes out FY22; FY23 outlook trimmed amidst uncertainties
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
An earnings beat closes out FY22; FY23 outlook trimmed amidst uncertainties
Logitech International S.A. (LOGN:SWX) | 0 0 0.0%
- Published:
04 May 2022 -
Author:
Kulwinder Rajpal -
Pages:
3
Logitech ended FY22 with revenues in line with consensus estimates but profitability above them. Revenue growth came from three similar categories which more than offset the decline in others. Gross and operating margins did come under pressure but were within the group’s targets. As expected, operating expenses increased on account of higher investments in the business. For FY23, the company trimmed its outlook citing the Russia-Ukriane conflict, currency headwinds, ongoing cost inflation and l ....