Movement Alert｜Logitech International SA Falls 10.12% in Regular Trading, Weak Q3 Revenue Outlook and Supply Constraints Weigh on Shares

Market Focus10-28

On October 28, Logitech International SA fell 10.12% in Regular Trading, trading at $101.99/share, with turnover of $31.0845 million.

The move followed the company’s latest quarterly release: fiscal Q2 adjusted EPS was $1.51, above market expectations around $1.26 to $1.30, while revenue of $1.219 billion also modestly topped forecasts. However, investor sentiment weakened after the company’s fiscal Q3 revenue outlook was described in market coverage as soft, while management also disclosed that a serious incident at a semiconductor supplier shut production at the end of June. Although output resumed in September and is ramping, current capacity remains below Logitech International SA’s demand level, with full recovery expected by year-end.

This suggests the stock reaction was driven less by the reported quarter and more by concern over near-term supply limitations and the durability of demand despite an earnings beat.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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