Logitech doled out yet another strong quarterly result today, making this year really stand-out. Supported by the megatrends of hybrid working, gaming and content creation, the company saw yet another surge in Video Collaboration, PC Webcams, and Tablet & Accessories sales. Supported by lower operating expenses, this resulted in record profits and cash flows. Moreover, it has also set up a high base for next year’s outlook, which we believe might turn out to be conservative.
29 Apr 2021
Another quarterly beat closes out the year
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Another quarterly beat closes out the year
Logitech International S.A. (LOGN:SWX) | 0 0 0.0%
- Published:
29 Apr 2021 -
Author:
Kulwinder Rajpal -
Pages:
3
Logitech doled out yet another strong quarterly result today, making this year really stand-out. Supported by the megatrends of hybrid working, gaming and content creation, the company saw yet another surge in Video Collaboration, PC Webcams, and Tablet & Accessories sales. Supported by lower operating expenses, this resulted in record profits and cash flows. Moreover, it has also set up a high base for next year’s outlook, which we believe might turn out to be conservative.