Logitech rises in premarket after Q1 results beat

Logitech International SA

30/07/2025 07:53

** Logitech International LOGN.S rises 4% in Julius Baer premarket indications after its Q1 results beat market expectations

** Non-GAAP operating income rose to $202 million in Q1, beating analysts' expectation of $167.2 million according to a consensus compiled by Visible Alpha

** Q1 sales came in at $1.15 billion, also above a forecast of $1.11 billion

** The company "delivered an excellent set of results in one of its most challenging quarters in recent years," analysts at Vontobel say

** It managed to limit the net impact from tariffs to around 50 bps on gross margins, an "outstanding achievement in our view for a company that was pointed out as one of the potentially hardest hit after Liberation Day," the brokerage adds

** The Swiss-American company withdrew its forecast for 2026 in April, amid trade policy uncertainty

 (Reporting by Isabel Demetz)

 ((Isabel.demetz@thomsonreuters.com))