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Logitech reports best earnings in seven years thanks to sales growth

Logitech reports best earnings in seven years through their 2015 fiscal year report
By: Chris Smith | Business, Financial & Legal News | Posted: Apr 23, 2015 9:33 am

As according to the latest press release, Logitech has reportedly exceeded its fiscal year 2015 expectations with a 28 percent growth in sales in the category of gaming, tablet and other accessories.

 

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Logitech's GAAP operating income was rated at $141 million with its GAAP earnings per share equaling $0.81 compared to $0.46 last year. This massive growth marks its best earnings per share rating since the 2008 fiscal year.

 

When asked about future development plans, president and CEO Bracken Darrell stated "we will accelerate our transformation of Logitech into a simpler, faster, growing company. We will focus on our growing Retail Strategic business."

NEWS SOURCES:News.logitech.com

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