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Mar 31, 2023
Logitech Q4 2023 Earnings Report
Logitech's Q4 2023 financial results were announced, revealing a decrease in sales and operating income compared to the previous year, but aligned with the company's revised outlook.
Key Takeaways
Logitech's Q4 2023 sales were $960 million, a 22% decrease in US dollars compared to the previous year. GAAP operating income was $39 million, down 70%, and non-GAAP operating income was $82 million, down 47%. The company reaffirmed its outlook for the first half of Fiscal Year 2024.
Q4 sales decreased by 22% in US dollars and 20% in constant currency.
GAAP operating income decreased by 70% to $39 million.
Non-GAAP operating income decreased by 47% to $82 million.
The company reaffirmed its outlook for the first half of Fiscal Year 2024.
Logitech
Logitech
Logitech Revenue by Segment
Revenue by Segment
Gaming Revenue
CapyFin.comKeyboards & Combos Revenue
CapyFin.comPointing Devices Revenue
CapyFin.comVideo Collaboration Revenue
CapyFin.comWebcams Revenue
CapyFin.comTablet Accessories Revenue
CapyFin.comHeadsets Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
Logitech confirmed its outlook for the first half of Fiscal Year 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income