Seeking Alpha

Logitech (LOGI): FQ3 EPS of $0.32 misses by $0.03. Revenue of $715M (-5% Y/Y) misses by $35M....

Logitech (LOGI): FQ3 EPS of $0.32 misses by $0.03. Revenue of $715M (-5% Y/Y) misses by $35M. Lowers FY12 revenue guidance to ~$2.3B from $2.4B prior guidance, and sees operating incomes of ~$60M vs. ~$90M prior guidance. The company blames the weaker euro and reduced demand for products like web cameras and remote controls. (PR) (yesterday AH)
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