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Logitech International: Logitech Grows 76% for Fiscal Year 2021, Q4 Revenue Doubles


Logitech International: Logitech Grows 76% for Fiscal Year 2021, Q4 Revenue Doubles
Company Raises FY 2022 Guidance, Share Buyback Authorization Raised to $1 Billion
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2021, ended March 31, 2021.
For Fiscal Year 2021:
Sales were Logitech s highest ever at $5.25 billion, up 76 percent in US dollars and 74 percent in constant currency compared to the prior year.
GAAP operating income grew 315 percent to $1.15 billion, compared to $276 million a year ago. GAAP earnings per share (EPS) grew 107 percent to $5.51, compared to $2.66 a year ago.
Non-GAAP operating income grew 229 percent to $1.27 billion, compared to $387 million a year ago. Non-GAAP EPS grew 199 percent to $6.42, compared to $2.15 a year ago. ....

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Logitech Grows 76% for Fiscal Year 2021, Q4 Revenue Doubles – Consumer Electronics Net


5 hours ago
Company Raises FY 2022 Guidance, Share Buyback Authorization Raised to $1 Billion
LAUSANNE, Switzerland & NEWARK, Calif.–(BUSINESS WIRE)–$LOGI–Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2021, ended March 31, 2021.
For Fiscal Year 2021:
Sales were Logitech’s highest ever at $5.25 billion, up 76 percent in US dollars and 74 percent in constant currency compared to the prior year.
GAAP operating income grew 315 percent to $1.15 billion, compared to $276 million a year ago. GAAP earnings per share (EPS) grew 107 percent to $5.51, compared to $2.66 a year ago.
Non-GAAP operating income grew 229 percent to $1.27 billion, compared to $387 million a year ago. Non-GAAP EPS grew 199 percent to $6.42, compared to $2.15 a year ago. ....

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