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Mar 31, 2024
Logitech Q4 2024 Earnings Report
Logitech returned to growth with a strong fourth quarter.
Key Takeaways
Logitech announced its Q4 and full fiscal year 2024 results, returning to growth with a strong fourth quarter. Sales were up 5% in US dollars and constant currency. GAAP EPS was up 312% and non-GAAP EPS was up 98%.
Sales were $1.01 billion, up 5% in US dollars and 5% in constant currency.
GAAP operating income was $130 million, up 235%.
GAAP earnings per share (EPS) was $1.07, up 312%.
Non-GAAP EPS was $0.99, up 98%.
Logitech
Logitech
Logitech Revenue by Segment
Forward Guidance
Logitech announced its full-year outlook for Fiscal Year 2025: Sales $4.3 - $4.4 billion Sales growth (in US dollars, year over year) 0% - 2% Non-GAAP operating income $685 - $715 million Non-GAAP op. inc. growth / (decline) (year over year) (2)% - 2%
Positive Outlook
- Sales $4.3 - $4.4 billion
- Sales growth (in US dollars, year over year) 0% - 2%
- Non-GAAP operating income $685 - $715 million
- Non-GAAP op. inc. growth / (decline) (year over year) (2)% - 2%
Revenue & Expenses
Visualization of income flow from segment revenue to net income