LAUSANNE, Switzerland (AP) 鈥� LAUSANNE, Switzerland (AP) 鈥� Logitech International SA (LOGI) on Tuesday reported fiscal first-quarter earnings of $235.7 million.
The Lausanne, Switzerland-based company said it had profit of $1.63 per share. Earnings, adjusted for one-time gains and costs, were $1.85 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The maker of keyboards, webcams and other computer accessories posted revenue of $1.23 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.2 billion.
For the current quarter ending in September, Logitech said it expects revenue in the range of $1.19 billion to $1.22 billion.
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