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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
09/22/201603:01:00Logitech Introduces First Desktop Speaker That Combines High-Quality...
09/21/201620:00:00Logitech Confirms September 2016 Dividend Dates
09/16/201619:11:54Statement of Changes in Beneficial Ownership (4)
09/15/201618:59:01Statement of Changes in Beneficial Ownership (4)
09/15/201617:30:00Logitech Acquires Saitek Simulation Product Line from Mad Catz
09/15/201617:30:00Mad Catz® Announces Sale of Saitek® Simulation Product Line t...
09/13/201616:22:23Current Report Filing (8-k)
09/09/201616:44:29Statement of Changes in Beneficial Ownership (4)
09/09/201616:43:36Statement of Changes in Beneficial Ownership (4)
09/09/201616:42:17Statement of Changes in Beneficial Ownership (4)
09/08/201618:25:12Initial Statement of Beneficial Ownership (3)
09/08/201618:22:49Statement of Changes in Beneficial Ownership (4)
09/08/201618:22:22Statement of Changes in Beneficial Ownership (4)
09/08/201618:21:56Statement of Changes in Beneficial Ownership (4)
09/08/201618:20:53Statement of Changes in Beneficial Ownership (4)
09/08/201618:20:19Statement of Changes in Beneficial Ownership (4)
09/08/201618:19:52Statement of Changes in Beneficial Ownership (4)
09/08/201618:19:24Statement of Changes in Beneficial Ownership (4)
09/08/201614:13:00EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities...
09/07/201617:00:00Logitech Shareholders Approve Proposals, Including Increased...

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