Logitech Announces Third Quarter Results for FY 2012

Stefan Mileschin · 30th January 2012, 07:37

Logitech International today announced financial results for the third quarter of Fiscal Year 2012. Sales for Q3 FY 2012 were $715 million, down 5 percent from $754 million in Q3 FY 2011. Changes in exchange rates did not have an impact on sales compared to the prior year. Operating income was $70 million, down 8 percent from $76 million in the same quarter a year ago. Net income for Q3 FY 2012 was $55 million ($0.32 per share) compared to net income of $65 million ($0.36 per share) in Q3 of FY 2011. Gross margin for the quarter was 36.2 percent compared to 36.0 percent one year ago.

Logitech's retail sales for Q3 FY 2012 decreased by 4 percent, with an increase in Asia of 13 percent, a decrease in EMEA of 5 percent and a decrease in the Americas of 8 percent. OEM sales decreased by 24 percent. Sales for the LifeSize division grew 6 percent.

http://www.techpowerup.com/159506/Lo...r-FY-2012.html

30th January 2012, 07:37	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	Logitech Announces Third Quarter Results for FY 2012 Logitech International today announced financial results for the third quarter of Fiscal Year 2012. Sales for Q3 FY 2012 were $715 million, down 5 percent from $754 million in Q3 FY 2011. Changes in exchange rates did not have an impact on sales compared to the prior year. Operating income was $70 million, down 8 percent from $76 million in the same quarter a year ago. Net income for Q3 FY 2012 was $55 million ($0.32 per share) compared to net income of $65 million ($0.36 per share) in Q3 of FY 2011. Gross margin for the quarter was 36.2 percent compared to 36.0 percent one year ago. Logitech's retail sales for Q3 FY 2012 decreased by 4 percent, with an increase in Asia of 13 percent, a decrease in EMEA of 5 percent and a decrease in the Americas of 8 percent. OEM sales decreased by 24 percent. Sales for the LifeSize division grew 6 percent. http://www.techpowerup.com/159506/Lo...r-FY-2012.html

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Google Announces Fourth Quarter and Fiscal Year 2011 Results	Stefan Mileschin	WebNews	0	20th January 2012 09:49
AMD Reports Second Quarter Results	jmke	WebNews	0	22nd July 2009 11:58
Nvidia fourth quarter results - Revenue down 60%	jmke	WebNews	2	11th February 2009 22:05
AMD Reports First Quarter Results	jmke	WebNews	0	18th April 2008 09:33
AMD Reports Third Quarter Results	jmke	WebNews	0	19th October 2006 09:33
ATI Reports Preliminary Third-Quarter Results	Sidney	WebNews	0	8th June 2005 06:25
NVIDIA Announces Preliminary Financial Results for the Fourth Quarter	jmke	WebNews	1	2nd February 2005 18:50
NVIDIA Announces Preliminary Financial Results for the Third Quarter Ended October	jmke	WebNews	0	27th October 2004 14:10
Ibm Reports 2004 Third-quarter Results	jmke	WebNews	1	20th October 2004 22:15
Amd Reports Fourth Quarter And Annual Results	jmke	WebNews	0	30th January 2004 15:47