Logitech reports best earnings in seven years thanks to sales growth

Logitech reports best earnings in seven years through their 2015 fiscal year report

Chris Smith | Apr 23, 2015 at 4:33 am CDT (0 mins, 29 secs time to read)

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.

Logitech reports best earnings in seven years thanks to sales growth | TweakTown.com

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."

Last updated: Apr 6, 2020 at 08:44 pm CDT

NEWS SOURCE:news.logitech.com

ABOUT THE AUTHOR - Chris Smith

I'm a competitive gamer and was an eSports employee. Recent changes have seen me hang up the mouse and move over to the technology world, covering all news for TweakTown, ranging from gaming news to opinion articles and the latest tech releases. Expect to see a few different articles on international eSports news and competitive game releases, as well as audio and mobile device content.