Logitech Q2 2022 Earnings Report
Key Takeaways
Logitech reported record Q2 sales of $1.31 billion, a 4% increase in US dollars and 2% in constant currency compared to the previous year. The company confirmed its full year outlook despite supply chain industry challenges.
Q2 sales were $1.31 billion, up 4% in US dollars and 2% in constant currency year over year.
Q2 GAAP operating income declined 44% to $179 million year over year.
Q2 GAAP earnings per share (EPS) declined 48% to $0.81 year over year.
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.
Logitech
Logitech
Logitech 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