Logitech Shares Fall Despite Beating Q2 Earnings Estimates
Logitech (LOGI) shares dropped over 11% following its fiscal second quarter 2027 earnings report. While the company reported an adjusted earnings per share of $1.51 and sales of $1.22 billion—both exceeding analyst expectations—investors reacted negatively to underlying growth metrics and cash flow concerns. The decline is attributed to modest year-over-year sales growth of only 3% and a significant 30% drop in free cash flow, which totaled $148.9 million for the quarter. Additionally, management noted that a supply chain disruption at a semiconductor supplier impacted performance, leading to a cautious forecast of declining sales for fiscal Q3.
Tickers: $LOGI
Topics: earnings beat free cash flow stock price decline supply chain disruption
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