Logitech Reports Q2 Fiscal 2027 Results with Growth in Peripherals and Video Collaboration
Logitech (LOGI) reported a 2% constant-currency net sales increase for its second quarter of fiscal 2027, achieving $231 million in non-GAAP operating income. Despite a significant 20% decline in global personal computer shipments, the company saw mid-single-digit growth in keyboards and pointing devices by targeting the existing installed base of users rather than relying on new PC sales. The company's video collaboration segment grew 12% in constant currency, driven by return-to-office mandates and hardware refresh cycles. Additionally, Logitech successfully mitigated a major supply chain disruption caused by a third-party semiconductor supplier accident, reducing the projected sales impact from $200 million to between $70 million and $80 million. Management expects full resolution of this incident by the fourth quarter.
Tickers: $LOGI
Topics: earnings report market share peripherals revenue growth video collaboration