Shares of Logitech International SA (LOGI) surged 5.25% in pre-market trading on Wednesday, following the company's impressive third-quarter fiscal 2025 results. The computer peripherals maker reported adjusted earnings of $1.59 per share for the quarter ended December 31, 2024, comfortably beating analysts' estimates of $1.40 per share. Revenue also climbed 6.8% year-over-year to $1.34 billion, surpassing expectations of $1.24 billion.
The stellar performance was driven by near pandemic-high levels of gaming sales, thanks to a series of successful new product launches ahead of the holiday season. Logitech's premium gaming and productivity lines, such as the Pro Gaming and MX portfolios, also witnessed near-record sales, underscoring robust demand for the company's high-end offerings.
"Our growth was driven by our strategic priorities. We delivered superior innovation. Gaming sales were near pandemic-high levels, thanks to an outstanding set of innovations launched ahead of the holidays," said Hanneke Faber, Logitech's Chief Executive Officer. "We delivered near-record sales in our premium Pro Gaming and MX portfolios. Logitech for Business made excellent progress. And our teams fielded effective marketing campaigns and excellent holiday retail execution to drive broad-based geographic progress."
Buoyed by the strong quarterly results, Logitech raised its full-year 2025 revenue outlook to a range of $4.54 billion to $4.57 billion, up from its previous guidance of $4.39 billion to $4.47 billion. The company also lifted its adjusted operating income forecast for fiscal 2025 to $755 million to $770 million.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。