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INTERVIEW: Logitech May Up FY11 Target After Google TV Launch

By Goran Mijuk Of DOW JONES NEWSWIRES ZURICH -(Dow Jones)- Logitech International SA (LOGI) may raise its revenue guidance for the 2011 fiscal year after the launch of Google TV later this year, its chief executive said Thursday. Logitech earlier Thursday raised it full-year sales guidance for the 2011 fiscal year ending March to $2.35 billion, after posting strong first-quarter earnings. Gerald Quindlen told Dow Jones Newswires that the raised targets didn't include potential sales from computer peripherals as part of Google Inc.'s (GOOG) Internet TV project, due to launch later this year. Logitech will provide items such as keyboards and cameras as part of the launch and if that goes well Logitech may further raise its guidance. Quindlen said while the second quarter has started well and Logitech was pleased with progress, consumer confidence is still mixed. He said Logitech was well positioned in the market due the different prices it could offer consumers. The first-quarter sales increase of 47% on the year was partly due to the company's efforts to continually innovate its products, Quindlen added. -By Goran Mijuk, Dow Jones Newswires, +41 43 443 80 47; goran.mijuk@dowjones.com

Stock News for Logitech International S.a. - Registered (LOGI)
DateTimeHeadline
04/17/201517:56:30Statement of Changes in Beneficial Ownership (4)
04/17/201517:46:20Statement of Changes in Beneficial Ownership (4)
04/17/201517:45:25Statement of Changes in Beneficial Ownership (4)
04/17/201517:44:27Statement of Changes in Beneficial Ownership (4)
04/17/201517:43:38Statement of Changes in Beneficial Ownership (4)
04/13/201519:12:46Statement of Changes in Beneficial Ownership (4)
04/08/201504:00:00Logitech Announces the Logitech Keys-To-Go Ultra-Portable Keyboard...
04/07/201521:00:00Logitech Announces Date for Release of Fourth Quarter and Full-Year...
04/07/201504:00:00Ultimate Ears Teams Up With Graffiti Artist Craola for Its Sixth...
04/06/201509:00:00Customer-Focused Innovation Fuels Global Adoption of Lifesize...
03/30/201504:00:00Six Logitech Products Recognized with a Red Dot 2015 Product...
03/24/201504:00:00Logitech Unveils its Most Advanced Wireless Mouse
03/19/201507:03:023 Cheap Growth Stocks You Can Buy Right Now
03/11/201500:30:00Logitech Announces Plans for $250M in Dividends Over Three Years
03/05/201504:00:00New Logitech G Performance Edition Gaming Mouse Designed for...
02/26/201509:00:00Lifesize Unveils New Customer Community
02/25/201504:00:00Logitech G Extends Relationship with Top eSports Teams
02/17/201504:00:00Logitech Wins 10 Prestigious Product Design Awards
02/12/201513:59:30Statement of Ownership (sc 13g)
01/27/201518:15:00Logitech Files Quarterly Report on Form 10-Q

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