Logitech sales jump 85% in Q3

Tuesday, 19. January 2021 03:37

Swiss-American manufacturer of computer software Logitech International said its non-GAAP operating income rose by 192% in the third quarter to $2.45 per share in the three months to the end of December, up from $0.84 per share a year earlier.

Due to increased demand for its products during the coronavirus-induced lockdowns, sales at the company, increased by 85% to $1.67 billion.

"This quarter's record results demonstrate the strength of our portfolio, addressing long-term growth trends in remote work and education, video collaboration, esports, and digital content creation," said Bracken Darrell, Logitech president and chief executive officer.

Related Links: Logitech International S.A.
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Breaking the News / TF