Logitech International SA (LOGI) shares surged 5.21% in pre-market trading on Wednesday, driven by the company's strong third-quarter results and an upbeat outlook for fiscal 2025.

The Swiss-American computer peripherals maker reported a 6.8% year-over-year increase in revenue to $1.34 billion for the quarter ended December 31, 2024, surpassing analysts' average estimate of $1.24 billion. Logitech's adjusted earnings per share of $1.59 also topped expectations, growing nearly 4% from the prior-year period and beating the consensus forecast of $1.35.

The company's stellar performance was led by its gaming segment, which saw sales near pandemic highs owing to a successful lineup of new product launches ahead of the holiday season. Logitech CEO Hanneke Faber highlighted that the premium Pro Gaming and MX portfolios delivered "near-record sales," reflecting robust demand for the company's high-end offerings.

Buoyed by the strong quarterly results, Logitech raised its full-year 2025 revenue outlook. The company now expects sales in the range of $4.54 billion to $4.57 billion, up from its previous guidance of $4.39 billion to $4.47 billion. Logitech also lifted its adjusted operating income forecast for fiscal 2025 to $755 million to $770 million.

The upbeat guidance underscores Logitech's confidence in sustaining the momentum, backed by solid demand for its computer hardware products from businesses and gamers. Analysts praised the company's ability to capitalize on favorable industry trends and execute its strategic priorities effectively.