Loading...
•
Jun 30, 2021
Logitech Q1 2022 Earnings Report
Q1 sales increased by 66% and profits doubled.
Key Takeaways
Logitech reported a strong start to fiscal year 2022, with Q1 sales up 66% and profits doubling versus last year. Key categories grew high double digits, demonstrating the strength of capabilities and ability to capitalize on long-term trends.
Q1 sales were $1.31 billion, up 66 percent in US dollars and 58 percent in constant currency, compared to Q1 of the prior year.
Q1 GAAP operating income grew 143 percent to $203 million, compared to $83 million in the same quarter a year ago.
Q1 GAAP earnings per share (EPS) grew 160 percent to $1.09, compared to $0.42 in the same quarter a year ago.
Q1 non-GAAP EPS grew 91 percent to $1.22, compared to $0.64 in the same quarter a year ago.
Revenue by Segment
Forward Guidance
Logitech confirmed its Fiscal Year 2022 outlook of flat sales growth in constant currency, plus or minus five percent, and $800 million to $850 million in non-GAAP operating income.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...