By John Revill
ZURICH, May 5 (Reuters) – Logitech International reported better-than-expected fourth-quarter results on Tuesday, with the computer hardware maker seeing strong growth in gaming accessories and video collaboration devices.
Logitech, whose products include computer mice, keyboards and webcams, said its sales rose 7% to $1.09 billion in the three months to the end of March, beating Visible Alpha’s consensus estimate of $1.08 billion.
The Swiss-American company’s non-GAAP operating income, which excludes items such as restructuring charges and investment gains, rose 25% to $167 million, beating analysts’ average estimate of $164 million.
The results were boosted by higher profit margins, supported by a 10% price increase in the United States last year to offset the impact of President Donald Trump’s tariffs.
Sales of gaming products also accelerated 12% during the quarter, helped by new product launches.
Video collaboration devices (cameras, speakers and microphones used to enable remote meetings) increased sales by 13%, supported by devices that use artificial intelligence to cancel noise and adjust framing and lighting during meetings.
Under CEO Hanneke Faber, Logitech has focused more on enterprise customers and developing regionally focused products, such as specialty keyboards for China.
The company is also using AI to speed up its development process, as well as integrating the technology into its new devices.
For the first quarter of fiscal 2027, Logitech said it expects sales to grow between 4% and 6% to a range of $1.19 billion to $1.22 billion. It said it also expects to post non-GAAP operating income of between $195 million and $215 million.
(Reporting by John Revill; editing by Alan Barona)