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Logitech: Fiscal Q3 Earnings Snapshot


LAUSANNE, Switzerland (AP) _ Logitech International SA (LOGI) on Monday reported fiscal third-quarter net income of $140.2 million.

The Lausanne, Switzerland-based company said it had net income of 86 cents per share. Earnings, adjusted for pretax expenses and stock option expense, came to $1.14 per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.

The maker of keyboards, webcams and other computer accessories posted revenue of $1.27 billion in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOGI at https://www.zacks.com/ap/LOGI



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Written by Cam Smash

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