Welcome to our dedicated page for Logitech Intl S A news (Ticker: LOGI), a resource for investors and traders seeking the latest updates and insights on Logitech Intl S A 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 G is celebrating the 10th anniversary of the iconic G502 gaming mouse, a best-seller with over 21 million units sold. The mouse is known for its performance, innovative design, and comfort. The celebration includes special activations, giveaways, and partnerships with PUBG: BATTLEGROUNDS.
Logitech reported a strong fourth quarter with sales up 5% in Q4 Fiscal Year 2024, showing a return to growth. GAAP operating income increased by 235%, GAAP EPS by 312%, and non-GAAP operating income by 93%. For the full Fiscal Year 2024, sales were down 5%, but GAAP operating income increased by 28%, GAAP EPS by 74%, and non-GAAP EPS by 32%. Cash flow from operations increased significantly. The company announced a positive outlook for Fiscal Year 2025, with sales projected at $4.3 - $4.4 billion and non-GAAP operating income of $685 - $715 million.
FAQ
What is the current stock price of Logitech Intl S A (LOGI)?
What is the market cap of Logitech Intl S A (LOGI)?
What does Logitech International S.A. specialize in?
Where are Logitech's headquarters located?
When was Logitech founded?
What is Logitech's Design for Sustainability (DfS) initiative?
What materials is Logitech experimenting with for sustainable product design?
What is 'Next Life plastic'?
How has Logitech reduced single-use plastic in its packaging?
How does Logitech's innovation culture impact its products?
What are some of Logitech's recent sustainability achievements?
How does Logitech contribute to a circular economy?
