Logitech first-quarter operating profit jumps more than 75per cent

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Logitech International reported a more than 75per cent increase in non-GAAP operating income in its first quarter as rise in homeworking boosted demand for its webcams, video conferencing products and headsets during the coronavirus lockdowns.

FILE PHOTO: Logitech computer keyboards are on sale at an electronics store in Westminister, Colorado January 15, 2016.

REUTERS: Logitech International reported a more than 75per cent increase in non-GAAP operating income in its first quarter as rise in homeworking boosted demand for its webcams, video conferencing products and headsets during the coronavirus lockdowns.

Logitech said its non-GAAP operating income rose to US$117.3 million in the quarter ended June 30, up from US$67 million a year earlier.

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