Loading...
•
Mar 31, 2020
Logitech Q4 2020 Earnings Report
Logitech achieved sales growth and exceeded full-year sales and profit outlook.
Key Takeaways
Logitech International announced strong Q4 and full year Fiscal Year 2020 results, with sales growing to $709 million, up 14% in US dollars. The company confirmed its Fiscal Year 2021 outlook of mid single-digit sales growth in constant currency and $380 million to $400 million in non-GAAP operating income.
Sales grew to $709 million, up 14 percent in US dollars compared to Q4 of the prior year.
GAAP operating income was $32 million, down 24 percent primarily due to a one-time, acquisition-related charge.
Non-GAAP operating income grew 23 percent to $79 million, compared to Q4 of the prior year.
Logitech confirmed its Fiscal Year 2021 outlook of mid single-digit sales growth in constant currency and $380 million to $400 million in non-GAAP operating income.
Revenue by Segment
Forward Guidance
Logitech confirmed its Fiscal Year 2021 outlook of mid single-digit sales growth in constant currency and $380 million to $400 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...