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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. ....

United States , Ben Starkie , Nicole Kenyon , Ben Lu , Logitech Europe , Bracken Darrell , Nate Olmstead , Swiss Exchange , Corporate Communications Europe , Exchange Commission , Share Buyback Program , Company Raises , Logitech International , Share Buyback Authorization Raised , Fiscal Year , Swiss Takeover Board , Results Videoconference , Daylight Time , European Summer , Blue Microphones , Ultimate Ears , Nasdaq Global Select Market , Find Logitech , Annual Report , Quarterly Report , Risk Factors ,

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. ....

United States , Ben Starkie , Nicole Kenyon , Ben Lu , Logitech Europe , Bracken Darrell , Nate Olmstead , Swiss Exchange , Exchange Commission , Company Raises , Share Buyback Program , Head Of Global Corporate Employee Communications , Corporate Communications , Logitech International , Share Buyback Authorization Raised , Fiscal Year , Swiss Takeover Board , Results Videoconference , Daylight Time , European Summer , Blue Microphones , Ultimate Ears , Nasdaq Global Select Market , Find Logitech , Annual Report , Quarterly Report ,

Alaska Journal | Movers and Shakers for May 2

Movers and Shakers for May 2
Post date:
Wed, 04/28/2021 - 8:48am
Rasmuson Foundation announced four new staff members, including a program officer with deep roots in the nonprofit community.
Monica Garcia-Itchoak joined Rasmuson Foundation this month, bringing more than 26 years of nonprofit experience to her role as program officer. She comes from The Foraker Group, where she worked with nonprofits on sustainability. Garcia-Itchoak moved to Alaska in 2010 from New York to direct education and public programs at the Anchorage Museum at Rasmuson Center. Among other museum posts, she managed museum learning experiences at The American Museum of Natural History. She currently serves on the boards of the Pratt Museum, Museums Alaska and thread Alaska. ....

United States , New York , American Museum Of Natural History , University Of Alaska Anchorage , State Of Alaska , Douglas Frey , Susan Stenstrom , Nate Olmstead , Monica Garcia Itchoak , Josh King , Craig Tiihonen , Ted Mala , Bryan Caldwell , Erick Stoeckle , Management Services , Family Wellness Warriors Initiative , Treasury Services , Office Of The Governor , Eastern Michigan University , Southcentral Foundation , Northrim Funding Services Division , Pratt Museum , Widener University , Pacific Coast Banking School , Rasmuson Foundation , Anchorage Museum At Rasmuson Center ,

One minute you're a peripheral maker chugging along nicely, the next the world can't seem to get enough of Logitech's kit

Nearly every division enjoyed double or triple-digit growth for Q3 21
Paul Kunert
Wed 20 Jan 2021 // 14:01 UTC
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The pandemic has been kind to Logitech, whose profits have almost quadrupled from what they were a year ago.
Revenues for the peripheral maker s Q3 ended 31 December show a jump of 85 per cent year-on-year to $1.67bn and profit came in at $448m versus $129m. For the nine months of fiscal 21, sales were up 64 per cent $3.716bn and profit grew 205 per cent to $721.5m.
On a conference call with financial analysts, Logitech CEO Bracken Darrell said: Last quarter, we predicted that as the world opened up, few companies would opt for a full work from home or a full work from the office approach. With another quarter behind us, I have greater conviction that most companies will move to a hybrid at work/at home model. ....

Bracken Darrell , Nate Olmstead , பிராக்கன் டாரெல் , நேட் ஒள்ம்ஸ்த்ேட் ,