Computer interface devices manufacturer Logitech International SA (USA) (NASDAQ:LOGI) announced on Wednesday that a loss for the Q4 in contrast to a profit previous year, reflecting considerably lower margins and sales decrease.
The Apples, Switzerland-based firm declared a net loss of $35.91M or $0.23 a share for the Q4, evaluted with net income of $28.29M or $0.17 a share in the previous-year quarter. The adjusted excluding charges net loss for the quarter was $14.72M.
The net sales for the three months plunged 12% to $469.09M from $531.96M in the similar quarter previous year, other than topped four Wall Street analysts’ consensus predicts of $466.50M by a whisker. Excluding currency impact, sales plunged only 11%.
Logitech International SA (USA) (NASDAQ:LOGI) stock hit highest price at $7.19, beginning with a price of $7.14 and reported decreased -0.56% to the closed at $7.08 with day range of $7.08-$7.19. The total market capitalization remained $1.12 billion, total volume held in the session was 300,037.00 shares lower than its average volume of 391,665.00 shares.
To check the Stocks ups and downs, LOGI last week stock price volatility remained 1.61% and month was at 1.91%. LOGI generated revenue of 2.16 billion in the following twelve months income of -$163.94 million. The Company showed a negative -7.58% in the net profit margin and in addition to in its operating margin which remained -9.02%. Company’s annual sales growth for the past five year was 2.31%.
The LOGI past twelve months price to sales ratio was 0.57 and price to cash ratio remained 3.81. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Synaptics, Incorporated (NASDAQ:SYNA)’s P/S 2.36% P/C 4.35%, Universal Display Corporation (NASDAQ:PANL)’s P/S 17.89% P/C 6.11%, Stratasys, Ltd. (NASDAQ:SSYS)’s P/S 13.61% P/C 18.42%, Intermec Inc. (NYSE:IN)’s P/S 0.75% P/C 6.94%.
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