The company reported strong Q2 16/17 results ending in September. Revenues increased 14% to US$564m on an adjusted basis. In December 2015, management separated out the Lifesize division and the OEM business from the company with total revenues of US$43.6m. Therefore all reported numbers are based on results from continuing operations. Including the Lifesize business, revenues increased 4.5% and the gross margin improved from 34.5% to 36.9%. EBIT jumped 105.3% to US$52.7m compared to US$25.7m
26 Oct 2016
Strong operating performance in Q2 16/17
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Strong operating performance in Q2 16/17
Logitech International S.A. (LOGIN:MEX) | 0 0 0.0%
- Published:
26 Oct 2016 -
Author:
Heinz Steffen -
Pages:
2
The company reported strong Q2 16/17 results ending in September. Revenues increased 14% to US$564m on an adjusted basis. In December 2015, management separated out the Lifesize division and the OEM business from the company with total revenues of US$43.6m. Therefore all reported numbers are based on results from continuing operations. Including the Lifesize business, revenues increased 4.5% and the gross margin improved from 34.5% to 36.9%. EBIT jumped 105.3% to US$52.7m compared to US$25.7m