Logitech Delivers Record Q2 Retail Revenue, Up 14%
NEWARK, Calif. & LAUSANNE, Switzerland -- Logitech International (LOGN.SW) (LOGI) today announced financial results for the second quarter of Fiscal Year 2017.
Q2 sales were $564 million, up 9 percent compared to Q2 of the prior year. Q2 retail sales grew 14 percent, reaching a record level for Q2.
Q2 GAAP operating income was $53 million compared to $37 million a year ago. Q2 GAAP earnings per share (EPS) from continuing operations were $0.28 compared to $0.18 a year ago.
Q2 non-GAAP operating income was $65 million compared to $47 million a year ago, with non-GAAP EPS of $0.35 compared to $0.25 a year ago.
Q2 cash flow from operations was $74 million compared to $11 million a year ago.
- Published: 26 October 2016
- Written by Editor