Last $15.35 USD
Change Today +0.06 / 0.39%
Volume 465.3K
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logitech international-reg (LOGI) Snapshot

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logitech international-reg (LOGI) Details

Logitech International S.A., together with its subsidiaries, engages in the development and marketing of hardware and software products that enable or enhance digital navigation, music and video entertainment, gaming, social networking, and audio and video communication over the Internet, video security, and home-entertainment control worldwide. The company operates in two segments, Peripherals and Video Conferencing. The Peripherals segment provides various peripherals, including mice, trackballs, keyboards, interactive gaming controllers, multimedia speakers, headsets, and webcams for home and business personal computers; tablet accessories comprising keyboards, keyboard cases and covers, headsets, wireless speakers, earphones, and stands; and Internet communication products, such as Webcams, headsets, video communications services, and digital video security systems. It also offers digital music products consisting of speakers, earphones, and custom in-ear monitors; Harmony line of advanced remote controls for home entertainment systems; and gaming controllers and microphones, and other accessories for gaming consoles. This segment sells its products to a network of distributors, retailers, and original equipment manufacturers (OEMs). The Video Conferencing segment designs, manufactures, and markets LifeSize video conferencing products, infrastructure, and services for the enterprise, public sector, and other business markets. Its LifeSize video conferencing products comprise scalable high-definition (HD) video communication endpoints, HD video conferencing systems with integrated monitors, video bridges, and other infrastructure software and hardware to support large-scale video deployments, as well as services to support these products. This segment markets its products to distributors, value-added resellers, OEMs, and direct enterprise customers. The company was founded in 1981 and is based in Morges, Switzerland.

logitech international-reg (LOGI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $735.6K
Executive Chairman, Chairman of Board Compens...
Total Annual Compensation: $500.0K
Senior Vice President of Worldwide Operations
Total Annual Compensation: $402.0K
Compensation as of Fiscal Year 2013.

logitech international-reg (LOGI) Key Developments

Logitech Introduces Logitech USB Headset H570e

Logitech announced that it has introduced the new Logitech USB Headset H570e, designed for all-day comfort, ease of use, and reliability, at an affordable price. Compatible with most unified communication (UC) platforms, the enterprise-quality H570e headset is stylish with unmatched features in its category, enhancing the UC and collaboration experience in the workplace. The new Logitech USB Headset H570e delivers enterprise-quality audio and premium features for business The H570e headset is available in stereo for employees who need to block out surrounding noise during desktop calls, and in mono for employees who prefer to have an open ear to their surroundings. It has a durable and adjustable padded headband for all-day comfort, while the metal reinforcement provides strength and flexibility for the best fit. The leatherette headset ear pads are also designed to be comfortable for hours of use and can be easily cleaned or replaced as needed. Inline controls include volume up/down, microphone mute and call answer/end and are designed to be intuitively navigated by touch. USB Headset H570e and all headsets in the Logitech UC audio portfolio are optimized for Microsoft(R) Lync(TM), Cisco Jabber(TM) compatible, Skype(TM) certified, and compatible with most leading UC platforms. The Logitech USB Headset H570e headset combines a human-centric design and wide array of user-friendly features Logitech products are known for. Additional features include an LED indicator that flashes with incoming calls (in compatible UC applications) providing a convenient visual cue to answer the call. The digital signal processing enables precise tuning for both the microphone and speaker so conversations are more life-like, and acoustic echo cancelation blocks unwanted noise coming from the speaker from entering the microphone path for a clearer communication experience. The Logitech USB Headset H570e is available through select resellers worldwide for a suggested price of $44.99 (mono) and $49.99 (stereo). Replaceable leatherette ear pads are available for a suggested price of $9.99.

Logitech International SA announced delayed 10-Q filing

On 07/24/2014, Logitech International SA announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Logitech International Sa Announces Unaudited Consolidated Financial Results for the First Quarter Ended June 30, 2014; Raises Earnings Guidance for the Fiscal Year 2015

Logitech International SA announced unaudited consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported, net sales of $483,722,000 against $477,924,000 a year ago. Operating income was $25,467,000 against $47,000 a year ago. Income before income taxes was $25,502,000 against $241,000 a year ago. Net income was $22,032,000 or $0.13 per share diluted against $1,043,000 or $0.01 per share diluted a year ago. Non – GAAP operating income was $43,887,000 against $12,035,000 a year ago. Non – GAAP net income was $38,248,000 or $0.23 per share diluted against $10,671,000 or $0.07 per share diluted a year ago. The company generated $28 million in cash flow from operations. The company raised earnings guidance for the fiscal year 2015. For fiscal year 2015, the company continue to expect sales of $2.16 billion, and raised non-GAAP operating profit by about 17% to approximately $170 million, compared to the previously expected $145 million.


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