Logitech (LOGI) Tops Q3 EPS by 7c; Boosts FY15 Profitability Outlook

Logitech (NASDAQ: LOGI) reported Q3 EPS of $0.41, $0.07 better than the analyst estimate of $0.34. Revenue for the quarter came in at $621 million versus the consensus estimate of $634.56 million.

Outlook

Logitech increased its profitability outlook for Fiscal Year 2016 to approximately $170 million in non-GAAP operating income from $150 million, which included Lifesize. The Company also increased its outlook for retail sales to 7 to 9 percent growth in constant currency, up from 7 percent.

For earnings history and earnings-related data on Logitech (LOGI) click here.

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