• We've upgraded our forums. Please post any issues/requests in this thread.

Logitech Announces Fourth Quarter and Full-Year Financial Results for FY 2013

btarunr

Editor & Senior Moderator
Staff member
Joined
Oct 9, 2007
Messages
34,335 (9.23/day)
Likes
17,427
Location
Hyderabad, India
System Name Long shelf-life potato
Processor Intel Core i7-4770K
Motherboard ASUS Z97-A
Cooling Xigmatek Aegir CPU Cooler
Memory 16GB Kingston HyperX Beast DDR3-1866
Video Card(s) 2x GeForce GTX 970 SLI
Storage ADATA SU800 512GB
Display(s) Samsung U28D590D 28-inch 4K
Case Cooler Master CM690 Window
Audio Device(s) Creative Sound Blaster Recon3D PCIe
Power Supply Corsair HX850W
Mouse Razer Abyssus 2014
Keyboard Microsoft Sidewinder X4
Software Windows 10 Pro Creators Update
#1
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2013.

Sales for Q4 FY 2013 were $469 million, down 12 percent from $532 million in Q4 FY 2012. Excluding the unfavorable impact of exchange rates, sales were down by 11 percent compared to the prior year. The Company posted an operating loss for the fourth quarter of $37 million compared to operating income of $24 million in the same quarter a year ago. The operating loss included $16 million in restructuring charges and $6 million related to the impairment of goodwill and other assets. The net loss for Q4 FY 2013 was $36 million ($0.23 per share) compared to net income of $28 million ($0.17 per share) in the prior year. Gross margin for Q4 FY 2013 was 33.5 percent, down from 36.4 percent a year ago.

Show full news post
 
Joined
Jan 5, 2013
Messages
895 (0.50/day)
Likes
114
#2
Exactly what one would expect from a company that has lost it's way and a lot of it's loyal customers. Maybe they'll wake up after a few more quarters of double digit million dollar losses? If not then they may end up as just a bootnote in PC history.
 
Joined
Sep 7, 2011
Messages
595 (0.26/day)
Likes
202
Location
Pacific Rim
Processor 2600K
Motherboard Gigabyte Z77X-D3H
Cooling Scythe Ashura
Memory Corsair 1600C9 8GB x2
Video Card(s) MSI 390
Storage Seagate 2TB + WD Green 640GB
Display(s) Samsung 40JU6600 @ 200% scaling
Case Coolermaster CM 690 II
Audio Device(s) Xonar DG
Power Supply Corsair HX650
Mouse Deathadder Black, CMStorm Recon, Mionix Naos 3200, and Destructor
Keyboard Corsair K70, Razer Tarantula
#3
and what exactly is logitech's way?
 
Joined
Feb 19, 2009
Messages
1,566 (0.49/day)
Likes
546
Location
Warwick
System Name PC-Chips
Processor Intel core I5 4690K
Motherboard Asrock z87 Extreme 3
Cooling Noctua NH-D14
Memory G-Skill Ripjaws 2133mhz 4x4gig
Video Card(s) Sapphire RX-480 Nitro+ 8gig
Storage Samsung 250gig 840 SSD / 1TB HDD
Display(s) Samsung C27F591 27 inch Curved LED
Case NZXT phantom 410
Audio Device(s) Realtek digital out - Yamaha A-S501 - Wharfedale pacific evo 20 speakers - Wharfedale SW150 sub
Power Supply Cooler Master G650M
Mouse logitech G402
Keyboard Logitech delux 250
Software Windows 10 pro 64bit
#4
Some of there products might suck balls but they have a damn good customer service.
My logitech G500 mouse broke (cable spooned it) and i could not find my receipt, I decided to contact them anyway and now i have a new G500s on the way and they also gave me 35% discount on my next perchase.
 
Joined
Sep 10, 2010
Messages
107 (0.04/day)
Likes
6
Location
Romania
Processor intel i7 4770k @ 4.6ghz
Motherboard asus maximus vi hero
Cooling noctua nh d14
Memory 16gb gskill 2400 mhz
Video Card(s) MSI gtx 780ti
Storage 512gb samsung 840 pro + 2x 1tb WD caviar black sata 3
Display(s) 3x Benq XL2720Z 144hz surround
Case cooler master storm stryker
Audio Device(s) asus xonar dx
Power Supply corsair ax1200
Software windows 7 ultimate 64 bit
#5
a lot of people have been expecting an improved g27 wheel, probably g29. logitech have not delivered. I can't feel sorry for them...
 
Joined
Jun 12, 2007
Messages
4,815 (1.25/day)
Likes
639
Location
Wangas, New Zealand
System Name Darth Obsidious
Processor Intel i5 2500K
Motherboard ASUS P8Z68-V/Gen3
Cooling Cooler Master Hyper 212+ in Push Pull
Memory 2X4GB Corsair Vengeance DDR3 1600
Video Card(s) ASUS R9 270x TOP
Storage 128GB Samsung 830 SSD, 1TB WD Black, 2TB WD Green
Display(s) LG IPS234V-PN
Case Corsair Obsidian 650D
Audio Device(s) Infrasonic Quartet
Power Supply Corsair HX650w
Software Windows 7 64bit and Windows XP Home
Benchmark Scores 2cm mark on bench with a razor blade.
#6
Seems Logitech have not come up with anything new and excting in a while.
Last thing I remember them releasing which seemed to be a big deal was their gaming headset.

Now I see Logitech have released yet another round of the same mice but with higher dpi (not that any of us really need such high dpi.
Releasing old products revamped is not necessarily a bad thing.
Sometimes there is no point on adding to something when there is nothing better to add to it if all the idedas which have come up are only going to make it a bad product.