Dateline City:
NEWARK, Calif. & LAUSANNE, Switzerland
FY 2016 Retail Sales Grow 9 Percent in Constant Currency and Profitability Beats Expectations; FY 2017 Outlook Confirmed
NEWARK, Calif. & LAUSANNE, Switzerland--(BUSINESS WIRE)--Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced
financial results for the fourth quarter and full year of Fiscal Year
2016.
Q4 closed a strong fiscal year with sales for the quarter reaching $431
million. Q4 retail sales (total sales excluding OEM and Lifesize) grew 6
percent in constant currency, GAAP operating income was $10 million and
non-GAAP operating income was $22 million.
For the full Fiscal Year 2016, ended March 31, 2016:
Language:
English
Contact:
Logitech InternationalJoe GreenhalghVice President, Investor Relations - USA510-713-4430orKrista ToddVice President, External Communications - USA510-713-5834orBen StarkieCorporate Communications - Europe+41-(0) 79-292-3499
Ticker Slug:
Ticker: LOGN Exchange: SWX
Ticker: LOGI Exchange: NASDAQ
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