Welcome to our dedicated page for Logitech International SA news (Ticker: LOGI), a resource for investors and traders seeking the latest updates and insights on Logitech International SA stock.
Logitech International S.A. is a renowned Swiss-American multinational company specializing in the design, manufacture, and marketing of computer peripherals and software. Established in 1981 and headquartered in both Lausanne, Switzerland, and Newark, California, Logitech has grown to become a leading name in the tech industry.
The company offers a wide array of products, including mice, keyboards, webcams, conference room cameras, headsets, and music-related items such as wireless speakers. Logitech's commitment to innovation and quality has earned it a significant share of the global market for computer accessories.
Recent developments highlight Logitech's dedication to sustainability and environmental responsibility. In April 2024, Logitech announced its Design for Sustainability (DfS) initiative, focusing on creating products with a reduced environmental impact. This includes experimenting with materials like cork, which is lightweight, heat-resistant, and impermeable. Logitech's innovative culture aims to replace traditional plastics with more sustainable alternatives.
Notably, Logitech has made strides in using post-consumer recycled plastic, which they term 'Next Life plastic.' This initiative is part of their broader strategy to minimize the carbon footprint and promote a circular economy. In 2022, Logitech successfully eliminated 500 tons of single-use plastic from its packaging, a testament to its ongoing commitment to environmental sustainability.
Logitech continues to push the boundaries of design and technology, fostering a workplace environment that encourages innovation and sustainability. The company's dedication to these principles not only helps protect the planet but also positions it as a leader in the tech industry.
Logitech has launched RightSight 2, a new software for Rally Bar and Rally Bar Mini, aimed at enhancing hybrid work environments. This innovation offers a dual-camera feature that allows simultaneous viewing of the speaker and the entire meeting room, facilitating more inclusive video calls. The technology adjusts automatically based on speakers' positions, providing a picture-in-picture view for better engagement. Currently available as a public beta, it integrates seamlessly with major conferencing platforms like Microsoft Teams and Zoom.
Logitech International (SIX: LOGN, Nasdaq: LOGI) announced on January 27, 2022, that it filed its Quarterly Report on Form 10-Q for the third quarter of Fiscal Year 2022 with the U.S. SEC. The report is accessible on the SEC's website and Logitech's investor relations page. Logitech is dedicated to enhancing user experiences through its range of products tailored for computing, gaming, and music. Founded in 1981 and headquartered in Lausanne, Switzerland, Logitech is a publicly traded company on both the SIX Swiss Exchange and Nasdaq.
Logitech has launched the next chapter of its DEFY LOGIC brand campaign featuring Lizzo and other creators who challenge norms. The campaign promotes individuality and creativity, showcasing how Logitech's products enhance user experiences. Targeted at digital platforms, it emphasizes the brand's mission to empower people to pursue their passions sustainably. Lizzo expresses excitement about the campaign's authenticity, aligning with a broader focus on diversity and inclusion. More details can be found on Logitech's website.
Logitech G has unveiled the G413 SE Mechanical Gaming Keyboard and G413 TKL (Tenkeyless) SE Mechanical Gaming Keyboard, designed for performance and affordability. Engineered with tactile mechanical switches and durable PBT keycaps, these keyboards promise superior durability and reliability, catering to gamers seeking quality at a reasonable price. The G413 SE is priced at
Logitech International (SIX: LOGN, Nasdaq: LOGI) reported Q3 Fiscal Year 2022 results, showing a 2% decline in sales to $1.63 billion year-over-year, maintaining near-record levels. Despite a 41% drop in GAAP operating income to $263 million and a 44% decrease in GAAP EPS to $1.24, Logitech raised its FY 2022 guidance, projecting 2-5% sales growth and $850-$900 million in non-GAAP operating income. Key categories, including Keyboards and Gaming, saw significant growth. Logitech returned $450 million to shareholders year-to-date.
Logitech has launched the Logitech Pen, a digital stylus designed for K-12 students using touch screen Chromebooks. This stylus supports Universal Stylus Initiative (USI) standards and is Works With Chromebook certified. It features a comfortable grip, 4,096 levels of pressure sensitivity, and is liquid spill-proof with military-grade drop protection. The Logitech Pen enhances student engagement through active learning, allowing for note-taking and sketching. Priced at $64.99, it will be available from January 2022.
Logitech (NASDAQ: LOGI) has announced an upgrade to its Sync device management platform, catering to the needs of the hybrid workforce. With newfound compatibility for personal collaboration devices like webcams and headsets, IT can now manage conference rooms and workstations from a single interface. The growing trend of remote work has introduced challenges for IT, making this enhancement crucial. The updated platform offers features such as remote firmware updates, user personalization, and insights into meeting room occupancy to drive informed decision-making.
Logitech For Creators has launched Litra Glow, a premium streaming light featuring TrueSoft technology. This innovative lighting solution offers balanced, full-spectrum LED light with cinematic color accuracy, ensuring creators look their best. The light is designed to combat common streaming challenges such as harsh shadows and eye fatigue, making it ideal for long hours on camera. Litra Glow is user-friendly, with adjustable brightness and color temperature settings, and is priced at US$59.99. It is available in the US, Canada, Australia, and select European countries.
Logitech has launched the Signature M650 Wireless Mouse, available in two sizes and a left-handed option, designed for enhanced comfort and productivity. Key features include SmartWheel scrolling, SilentTouch technology for quieter clicks, and a battery life of up to two years. The mouse is made with post-consumer recycled plastic, demonstrating Logitech's commitment to sustainability. Priced at $39.99, it is compatible with various operating systems and aims to significantly improve the user experience for knowledge workers.
Logitech International (SIX: LOGN, Nasdaq: LOGI) will announce its quarterly financial results on January 24, 2022 at 9:00 PM EST and January 25, 2022 at 3:00 AM CET. A videoconference will take place on January 25, 2022 at 8:30 AM EST, with a livestream available on the Logitech corporate website. Logitech focuses on designing products for computing, gaming, and music, striving to enhance user experiences and foster creativity.
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