Logitech confirmed its weak preliminary figures released two weeks ago. There was a material decline in sales during the quarter which reverberated through the gross profit and non-GAAP operating income. Sales, down across all three regions, were weighed down by adverse macro-economic conditions and high consumer inflation, which affected enterprise and consumer spending. Currency headwinds impacted sales, as well as the gross and operating margins. Considering this soft quarter, Logitech cut it ....
