LAUSANNE, Switzerland (AP) — LAUSANNE, Switzerland (AP) — Logitech International SA (LOGI) on Monday reported fiscal second-quarter net income of $145.5 million.
On a per-share basis, the Lausanne, Switzerland-based company said it had profit of 95 cents. Earnings, adjusted for stock option expense and pretax expenses, were $1.20 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The maker of keyboards, webcams and other computer accessories posted revenue of $1.12 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.09 billion.
Logitech expects full-year revenue in the range of $4.39 billion to $4.47 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOGI at https://www.zacks.com/ap/LOGI
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