Logitech up after Q3 beat, outlook hike

Logitech International SA

29/01/2025 07:34

** Shares in Logitech  LOGN.S  are up 4% in pre-market
indications after the Swiss-American computer peripheral maker
on Tuesday raised its outlook and reported Q3 sales beat
    ** Q3 sales came in at $1.34 bln vs an estimate of $1.25 bln
in Visible Alpha consensus 
    ** Logitech now expects FY 2025 sales between $4.54-4.57 bln
vs previously $4.39-$4.47 bln
    ** "Logitech delivered another solid quarter with sales
nearing previous peak levels in gaming and selected high-end
workplace solutions," Vontobel
    ** The broker highlights good momentum across all
geographies, including improvements in China
    ** The stock tops Swiss blue-chip index  .SSMI  in Julius
Baer pre-market trade

 (Reporting by Amir Orusov)
 ((Amir.orusov@thomsonreuters.com))