Logitech Raises 2025 Outlook, Now Expects Sales Of $4.39B-$4.47B (Prior $4.34B-$4.43B) Vs. $4.512B Consensus, And Non-GAAP Operating Income Of $720M-$750M (Prior $700M-$730M)
Portfolio Pulse from Benzinga Newsdesk
Logitech has raised its fiscal year 2025 outlook, now expecting sales between $4.39 billion and $4.47 billion, up from the previous range of $4.34 billion to $4.43 billion. The company also increased its non-GAAP operating income forecast to $720 million-$750 million, compared to the prior $700 million-$730 million.
October 22, 2024 | 4:57 am
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Logitech has raised its FY25 sales outlook to $4.39B-$4.47B and non-GAAP operating income to $720M-$750M, indicating improved financial performance expectations.
Logitech's increased sales and operating income forecasts suggest stronger financial performance, likely boosting investor confidence and potentially leading to a positive short-term impact on the stock price.
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