In after-hours trading, the Logitech (NASDAQ: LOGI) share price rose more than 16% after the company reported strong second-quarter financial results on Monday. The company profit for the last quarter jumped to $266.9 million from $72.9 million, as sales surged 75% to $1.26 billion.
"The growth trends that drive our business have accelerated as society adjusts to its new reality, our products are essential to helping customers work, play, and create wherever they are. Logitech is well-positioned for long-term growth”. CEO Bracken Darrell said.
- Earnings per share: $1.87 vs. $0.58 expected
- Revenue: $1.26 billion vs. $834 million expected
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