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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
09/03/201510:59:35Statement of Changes in Beneficial Ownership (4)
09/03/201505:49:00Create and Communicate on Any Device with Logitech’s New Bluetooth K...
09/03/201504:00:00Create and Communicate on Any Device with Logitech’s New Bluetooth K...
09/02/201519:09:26Statement of Changes in Beneficial Ownership (4)
09/02/201519:08:59Statement of Changes in Beneficial Ownership (4)
09/02/201519:08:59Statement of Changes in Beneficial Ownership (4)
09/02/201519:08:03Statement of Changes in Beneficial Ownership (4)
08/27/201504:00:00Logitech G Introduces New Gaming Headphones
08/24/201504:00:00Logitech Honored With Three 2015 IDEA Awards
08/07/201506:02:52Additional Proxy Soliciting Materials (definitive) (defa14a)
08/06/201517:15:31Additional Proxy Soliciting Materials (definitive) (defa14a)
08/03/201517:24:04Statement of Changes in Beneficial Ownership (4)
07/24/201517:00:00Logitech Files Quarterly Report on Form 10-Q
07/24/201516:51:24Proxy Statement (definitive) (def 14a)
07/24/201516:27:55Amended Current Report Filing (8-k/a)
07/24/201516:25:22Quarterly Report (10-q)
07/23/201506:02:09Current Report Filing (8-k)
07/22/201521:00:00Logitech Confirms FY 2016 Outlook with Q1 Sales of $470 Million
07/21/201508:00:00Lifesize Introduces Cloud-Based Recording, Launches Industry’s F...
07/21/201508:00:00Lifesize lance l'enregistrement basé dans le cloud, et la toute...

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