Logitech International SA (LOGI) reported a profit for its fourth quarter that advanced compared to the same period last year.
The company said its bottom line totaled $22.98 million, or $0.14 per share. This was higher than $18.42 million, or $0.11 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 2.6% to $430.84 million. This was down from $442.28 million last year.
Logitech International SA earnings at a glance:
-Earnings (Q4): $22.98 Mln. vs. $18.42 Mln. last year.
-Earnings Growth (Y-o-Y): 24.8%
-EPS (Q4): $0.14 vs. $0.11 last year.
-EPS Growth (Y-o-Y): 27.3%
-Analysts Estimate: $0.10
-Revenue (Q4): $430.84 Mln vs. $442.28 Mln last year.
-Revenue Change (Y-o-Y): -2.6%
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