Logitech CEO Says Q2 Was Another Strong Quarter Of High-Quality Growth; Company Delivered 'Fantastic Bundle Of Innovation" And Made Good Progress In B2b Business During Q2; Not Concerned By Weak Growth In Pointing Devices; Company Gained Market Share And Expects Demand To Return; Expects Global Consumer To Be 'Resilient' In Pre-Christmas Quarter
Portfolio Pulse from Benzinga Newsdesk
Logitech reported a strong Q2 with high-quality growth, innovation, and progress in its B2B segment. Despite weak growth in pointing devices, the company gained market share and expects demand to rebound. Logitech is optimistic about consumer resilience in the upcoming pre-Christmas quarter.
October 22, 2024 | 2:30 pm
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Logitech's Q2 results show strong growth and innovation, with progress in B2B. Despite weak pointing device growth, market share increased. The company is optimistic about consumer resilience in the pre-Christmas quarter.
Logitech's strong Q2 performance, innovation, and market share gains are positive indicators. The company's optimism about consumer resilience suggests potential for continued growth, especially in the pre-Christmas quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100