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Logitech Q2 Delivers Best Retail Sales Growth Since 2010

Logitech International (SIX:LOGN) (Nasdaq:LOGI) today announced financial results for the second quarter of Fiscal Year 2016. "I'm excited by our performance this quarter. We delivered our best retail sales growth in almost five years, exceeding expectations," said Bracken P. Darrell, Logitech president and chief executive officer. "Our growth was broad-based across categories and regions.

In constant currency, Americas grew 9 percent, EMEA grew 7 percent and Asia Pacific grew 26 percent. In our Growth category, Gaming, Video Collaboration and Mobile Speakers each grew more than 50 percent. Our reinvigorated innovation engine and commitment to design are delivering powerfully and we have strong momentum heading into the holiday peak season." Logitech confirmed its FY 2016 outlook of $150 million in non-GAAP operating income and 7 percent growth for retail sales in constant currency.

Logitech G Unveils Tenkeyless Mechanical Gaming Keyboard

Logitech today announced the Logitech G410 Atlas Spectrum TKL Mechanical Gaming Keyboard, an ultra-light keyboard featuring Logitech's exclusive Romer-G mechanical switches. Offering 25 percent faster actuation than standard mechanical keyboards, the Logitech G410 Atlas Spectrum TKL Mechanical Gaming Keyboard features improved durability and intelligent RGB illumination in a tenkeyless design. It also includes Arx Control Integration, a Logitech G app that displays a wide range of in-game information on your mobile device.

"We worked closely with gamers of all ages and our eSports teams to create this ultra-light keyboard that is durable and comfortable," said Ujesh Desai, vice president and general manager of gaming at Logitech. "The result is something that we think meets the needs of eSports athletes, but is also great for younger gamers looking to buy their first gaming keyboard."

Logitech G Introduces New Gaming Headphones

Logitech, a leading innovator of gaming products, today introduced two new gaming headphones, the Logitech G933 Artemis Spectrum Wireless Gaming Headset and the Logitech G633 Artemis Spectrum Gaming Headset. Featuring patent pending Pro-G audio drivers, the new headphones were designed by Logitech's sound engineering team, with more than 25 years in audio development. The result is gaming headphones that deliver a superior all-around audio experience.

"We saw that no one was really building a pair of high quality headphones for gamers," said Ujesh Desai, vice president and general manager of the Logitech gaming business. "So we challenged our audio team to see if they could do it. I'm a gamer and a musician, so I was really excited when the team came back with a design that delivered." The headphones are fully customizable, feature RGB lighting, swappable backlit speaker plates and programmable G-keys. When paired with Logitech Gaming Software you can customize audio settings, create personal sound profiles, and easily save your favorite EQ (for the G933 Artemis Spectrum only).

Meet the New Logitech

Today Logitech revealed its biggest brand transformation in its history. Building on its heritage as a technology company, Logitech has placed design at its core. It is crafting a portfolio of products that go beyond PC peripherals, to products that have a place in every aspect of your daily life. This brand reflects the company's reinvention, with a colorful new attitude and a re-imagined logo. You'll even see a new label for our latest product categories: Logi.

Since 2013, Logitech has been working behind the scenes on reinventing the company, shaking things up culturally and through its product innovation. Its latest products are an outward expression of these changes, and moving forward Logitech is also bringing new life to its brand identity. Expect bold colors and simple designs to make their mark across Logitech.com, social media, on packaging and in-store displays over the coming year.

"We've been reinventing Logitech, creating products that strive to blend advanced technology and design to bring you amazing experiences," said Bracken Darrell, Logitech president and CEO. "We've built a world-class design team, led by chief designer Alastair Curtis. We're putting Design at the center of everything we do. Our approach to Design goes beyond the classic definition. Design to us is the combination of advanced technology, business strategy and consumer insights. Our products have come a long way, and now it's time to bring the brand forward too."

Logitech G Introduces First Force Feedback Racing Wheel for Xbox One and PC

Logitech, a leading innovator of gaming peripherals, today announced the Logitech G920 Driving Force, its first force feedback racing wheel available for Xbox One, as well as PC, will be available this fall. Built for precision racing and long-lasting reliability, the Logitech G920 Driving Force features Logitech's powerful dual-motor force feedback transmission with anti-backlash helical gearing, hand-stitched leather-wrapped rim, and stainless steel throttle, brake, and clutch pedals. The wheel is also compatible with the optional Driving Force Shifter, a six-speed manual gear stick with push-down reverse. This is the first Logitech racing wheel available for Xbox One.

"The G920 is the wheel fans have been asking for on Xbox One," said Ujesh Desai, general manager of the Logitech gaming business. "We built on our history and legacy of previous generation driving wheels to deliver on a truly immersive experience for Xbox One gamers. I personally can't wait to get behind our new wheel to play Forza Motorsport 6."

Logitech Announces the Wireless Touch Keyboard K400 Plus

Today Logitech announced the Logitech Wireless Touch Keyboard K400 Plus, a living room keyboard that lets you comfortably control your computer screen on your TV. The K400 Plus features a wireless range of up to 33 feet and an integrated touchpad, making it easy to stream movies, TV shows, music and other entertainment on your PC from your couch.

"The living room is a place where we come to relax, entertain ourselves and connect with friends and family," said Charlotte Johs, global vice president of computer peripherals at Logitech. "The Logitech Wireless Keyboard K400 Plus makes it easy to connect your PC to the TV and search for Internet content."

Logitech Announces Keys-To-Go Ultra-Portable Keyboard

Today Logitech unveiled the Logitech Keys-To-Go Ultra-Portable Keyboard for Android and Windows mobile devices. The Logitech Keys-To-Go - which is also available for iOS - is a slender stand-alone Bluetooth keyboard that can fit anywhere and go everywhere.

"We first introduced the Logitech Keys-To-Go for the iPad and the keyboard quickly became a favorite with consumers," said Michele Hermann, vice president of mobility at Logitech. "We're thrilled to now bring that same portability and typing experience to Android and Windows devices, whether that's your tablet, phablet or smartphone. The Logitech Keys-To-Go goes wherever you go thanks to its thin and light design, and it offers the great typing experience that you expect from a Logitech keyboard. It's the perfect partner for your device."

Logitech Unveils its Most Advanced Wireless Mouse

Today Logitech opened up a world of new possibilities with the introduction of the Logitech MX Master Wireless Mouse. Encompassing the best of Logitech's industry-leading mouse innovations into a hand-sculpted design, the MX Master is the new paradigm for precise, fast, comfortable computer navigation. For people who work across multiple screens, devices and operating systems, the new mouse is optimized for controlling this complex environment with precision.

"The Logitech MX Master Wireless Mouse is a beautifully designed, customizable mouse with the versatility of control, precision and speed," said Charlotte Johs, global vice president of computer peripherals at Logitech. "The numerous navigation options and advanced features make it our best mouse ever." The latest mouse in a lineage that includes the Logitech MX Revolution and Logitech Performance MX, the Logitech MX Master Wireless Mouse is perfectly sculpted for comfort, and hand-crafted for control and speed. The mouse's shape supports your hand and wrist in a natural position making it easy to enjoy a fluid experience with its well­positioned buttons and wheels.

Logitech Announces Plans for $250M in Dividends Over Three Years

Prior to a meeting today with financial analysts and investors in Zurich, Logitech International (SIX:LOGN) (Nasdaq:LOGI) announced 1. Full-year FY 2015 financial outlook of $2.11 billion in sales and $185 million in non-GAAP operating income, 2. Full-year financial outlook for FY 2016 of $2.15 billion in sales (+2% year-over-year, +6% year-over-year in constant currency) and $150 million in non-GAAP operating income, and 3. A plan for returning up to $500 million in cash to shareholders over a three year period featuring an enhanced dividend plan of $250 million to complement the existing Board-approved $250 million share buyback program.

"I'm very pleased that our profitability turnaround is on track thanks to higher gross margins and disciplined spending," said Bracken Darrell, Logitech president and chief executive officer. "While the strength of the U.S. dollar will have a significant impact on our financial results moving forward, the underlying fundamentals of our business are positive and we are projecting solid sales growth in FY 2016 in constant currency. We are also taking a number of actions in anticipation of a stronger dollar moving forward, including pricing adjustments and the further reduction of our global cost structure.

Logitech Announces G303 Daedalus Apex Performance Edition Gaming Mouse

Logitech, a leading innovator of gaming peripherals, today introduced its newest Logitech G mouse, the Logitech G303 Daedalus Apex Performance Edition Gaming Mouse. Designed based on feedback from the gaming enthusiast and eSports community, the Logitech G303 features the Logitech G exclusive Delta Zero optical sensor technology for precision targeting, and metal spring button tensioning system in a lightweight, compact form.

"The community sent us a clear message that they wanted the lightweight, symmetrical design of our G302 combined with the amazing sensor in our G502," said Ujesh Desai, vice president and general manager of the Logitech gaming business. "We took this feedback and built a mouse that was tuned and tested by pros to help ensure improved accuracy, comfort and performance. Thanks to you and this feedback, we've built an amazing product."

Logitech G Extends Relationship with Top eSports Teams

Logitech, a leading innovator of gaming peripherals, today announced that two top North American professional gaming organizations have decided to exclusively use Logitech G hardware for the next year. In addition to providing early feedback and design input on products before they go to market, Cloud9 (C9) and Team SoloMid (TSM) will continue to exclusively use a mix of Logitech G hardware peripherals during tournament gameplay including headsets, mice, keyboards and mouse pads whenever they play.

"eSports continues to grow in popularity and play a critical role in PC gaming," said Ujesh Desai, general manager of the Logitech gaming business. "We're privileged to be able to work with some of the best pro gamers in the world. By teaming up with them we can take their feedback and develop the best gaming gear on the planet." Cloud9's teams include 45 players for Counter-Strike: Global Offensive (CS:GO), Dota 2, Halo, Hearthstone, Heroes of the Storm, League of Legends (LoL), Smite and Super Smash Bros. Melee. Last year's LoL team finished first place in the League Championship Series (LCS) Spring 2014.

Logitech Proposes FY 2014 Dividend Increase of 25%

Logitech International today announced that its Board of Directors has approved an annual dividend for FY 2014 of CHF 0.26 per share, an increase of 25 percent over the prior year, following a year of strong cash flow from operations. The annual dividend is subject to shareholder approval and is expected to be confirmed at Logitech's upcoming Annual General Meeting (AGM), which is scheduled for Dec. 18, 2014 in Lausanne, Switzerland.

The ex-dividend date is expected to be Dec. 24, 2014. If approved by shareholders at the Company's AGM, the approximate payment date for the dividend is expected to be Dec. 30, 2014. Informational materials about the AGM will be mailed to Logitech registered shareholders during the week of Nov. 24, 2014.

Logitech G Unveils G302 Daedalus Prime MOBA Gaming Mouse

Logitech, a leading innovator of gaming peripherals, today introduced its newest Logitech G mouse, the Logitech G302 Daedalus Prime MOBA Gaming Mouse. Tested by professional MOBA gamers from around the world including players from Team SoloMid, Cloud9, CJ Entus Frost, CJ Entus Blaze, and Invictus Gaming, the Logitech G302 is designed to withstand the rigors of the highest tiers of professional eSports gaming. Specifically, its exclusive metal spring button tensioning system improves click responsiveness, making in-game actions fast and accurate.

The Logitech G302 reflects our ongoing commitment to leverage science to design products that help gamers win. The buttons, shape and weight of this mouse are uniquely tuned to the demands of professional MOBA gamers, with fast and responsive left and right-button clicking.

Logitech Unveils the G910 Orion Spark RGB Mechanical Keyboard

Logitech, a leading innovator of gaming peripherals, today announced the Logitech G910 Orion Spark RGB Mechanical Keyboard. The keyboard features Logitech's exclusive new Romer-G mechanical switches, offering 25 percent faster actuation than any other mechanical switch, improved durability and intelligent Illumination.

"This keyboard is the culmination of years of ongoing development by our engineering team, incorporating feedback from gamers and eSports athletes to develop a next-generation mechanical key," said Vincent Tucker, director of Logitech gaming. "Our team was charged with developing a keyboard that truly improves the gaming experience, and Orion Spark delivers."

Logitech Unveils Keyboard Designed For Your Computer, Smartphone and Tablet

Today Logitech unveiled the Logitech Bluetooth Multi-Device Keyboard K480, the first desk keyboard designed for use with up to three devices, regardless of computing platform. Now you can type a report on your computer and, with the flick of the Easy-Switch dial, respond to a message on your smartphone and type a tweet on your tablet. The universal keyboard can connect to three different Bluetooth wireless devices at once, whether you are using a Windows, Mac or Chrome OS computer, or an Android or iOS tablet or smartphone.

"Typing needs have evolved and consumers are computing and texting across multiple screens, often using two or three different operating systems," said Charlotte Johs, global vice president of computer peripherals at Logitech. "The Logitech Bluetooth Multi-Device Keyboard K480 makes it simple for people to work, create or communicate quickly and comfortably, no matter what computing device or platform they are using."

Logitech Granted Nasdaq Extension for Compliance with Listing Rule

Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced two procedural steps related to the delay in filing its FY 2014 10-K and Q1 FY 2015 10-Q with the U.S. Securities and Exchange Commission (SEC). First, the Company has been granted an exception by Nasdaq, extending the deadline to October 15, 2015 for complying with Listing Rule 5250(c)(1) by filing its 10-K and 10-Q. The exception was granted by Nasdaq based on a compliance plan submitted by Logitech in response to a previously announced Nasdaq request.

Second, as expected, Nasdaq issued a non-compliance notice regarding Logitech's delay in filing its 10-Q for the first quarter of FY 2015. The Q1 filing cannot be completed until the 10-K is filed. This notice also relates to Listing Rule 5250(c)(1), which requires the timely filing of these reports with the SEC. Nasdaq also requested an update to Logitech's original compliance plan.

Logitech Announces the G402 Hyperion Fury Gaming Mouse

Logitech, a leading innovator of gaming peripherals, today introduced the fastest gaming mouse ever made, the Logitech G402 Hyperion Fury Ultra-Fast FPS Gaming Mouse. The Hyperion Fury features Logitech's exclusive Fusion Engine sensor technology that can reliably track over 500 inches per second (IPS) and Logitech's exclusive Delta Zero sensor technology for unrivaled accuracy.

"We took on the challenge of creating the world's fastest mouse in service of FPS gamers, and after three years of intensive R&D we are proud to launch a mouse that only Logitech could develop," said Ehtisham Rabbani, general manager of the Logitech gaming business. "The Logitech G402 Hyperion Fury is the fastest gaming mouse, bar none, and the best mouse for high-speed FPS gameplay. Its lightweight design, combined with the precision and capability of the Fusion Engine, lets you make fast, furious swipes and dominate the battlefield, proving once again that Science Wins!"

Logitech Announces Affordable UC Headset Designed for Comfort

Today Logitech introduced the new Logitech USB Headset H570e, designed for all-day comfort, ease of use, and reliability, at an affordable price. Compatible with most unified communication (UC) platforms, the enterprise-quality H570e headset is stylish with unmatched features in its category, enhancing the UC and collaboration experience in the workplace.

The H570e headset is available in stereo for employees who need to block out surrounding noise during desktop calls, and in mono for employees who prefer to have an open ear to their surroundings. It has a durable and adjustable padded headband for all-day comfort, while the metal reinforcement provides strength and flexibility for the best fit. The leatherette headset ear pads are also designed to be comfortable for hours of use and can be easily cleaned or replaced as needed. Inline controls include volume up/down, microphone mute and call answer/end and are designed to be intuitively navigated by touch.

Logitech Raises Profitability Outlook for Fiscal Year 2015 Following Strong Q1

Logitech International (SIX:LOGN)(Nasdaq:LOGI) today announced preliminary unaudited and unreviewed financial results for the first quarter of Fiscal Year 2015.

"We have started the new fiscal year with a strong Q1 performance, delivering sales growth, year-over-year improvement in profitability and improved cash generation," said Bracken Darrell, Logitech president and chief executive officer. "Q1 sales in our Growth category - which includes PC Gaming, Tablet and Other Accessories, and Mobile Speakers - were up 17 percent, with Mobile Speakers sales more than doubling over last year. As planned, our cost reduction actions continue to drive increased operating leverage. As we proceed through Fiscal Year 2015, we will continue to focus both on accelerating sales growth and on achieving our improved outlook for profitability."

Logitech Joins Forces with Top eSports Teams Around the Globe

Logitech, a leading innovator of gaming peripherals, today underscored the company's strong commitment to eSports with the announcement of a roster of top professional gaming organizations from around the globe that use Logitech G hardware to dominate in competitive gameplay.

The teams using Logitech G gear include Alliance in Sweden and Germany, CJ Entus in Korea, DetonatioN in Japan, Invictus Gaming in China, mYinsanity in Switzerland, XCN in Indonesia and Cloud 9, Hammer Time and Team SoloMid in the U.S. In addition to inspiring new products and providing early feedback on products before they come to market, these teams use a mix of Logitech G hardware including headsets, mice, keyboards and mouse pads whenever they play and make appearances on behalf of Logitech G throughout the year.

Logitech Announces the 2014 Color Collection Mice

Today Logitech, the worldwide market leader in mice, unveiled its sixth-annual design collection, releasing three of its most popular mice in new eye-catching patterns and contemporary colors. This bright, vibrant collection puts a wide range of fashionable looks in the palm of your hand.

"The 2014 Logitech Color Collection was designed to reflect the open expression of individuality in today's society," said Charlotte Johs, global vice president of brand development for PC accessories at Logitech. "Colors and patterns can influence your mood and reflect your style. With our new collection's bold designs and vibrant colors, you can show the world how unique you are."

Logitech Introduces New Wireless Speaker Engineered for Performance

Today Logitech introduced the Logitech X300 Mobile Wireless Stereo Speaker, a wireless speaker designed for performance and mobility.

Engineered for wide-range sound, the Logitech X300 Mobile Wireless Stereo Speaker has specially angled drivers to give you an expansive sound spectrum, with precise bass response and detailed mids and highs. With this speaker, you can connect and play your music and video entertainment from any Bluetooth-enabled device up to 30 feet away, giving you the freedom to take your media anywhere.

Logitech Q4 FY 2014 Sales, Profit and Cash from Operations Exceed Expectations

Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2014. Q4 FY 2014 sales were $485 million, up 3 percent over the prior year. "Our Q4 performance was strong, with sales, profit and cash generation better than expected," said Bracken Darrell, Logitech president and chief executive officer. "Q4 sales in our Growth category - PC Gaming, Tablet and Other Accessories, and Mobile Speakers - were up nearly 50 percent. "At the start of our fiscal year we said we would deliver strong sales in our Growth category, reduce operating expenses and improve profitability. We delivered on our commitments across the board, concluding FY 2014 ahead of our turnaround plan."

Logitech Announces the K830 Illuminated Keyboard

Today Logitech introduced the Logitech Illuminated Living-Room Keyboard K830 to brighten your connected-TV experience. The rechargeable keyboard features backlit keys, an integrated touchpad, and advanced wireless connectivity, so you can type and click from your couch or bed - even in the dark.

"More and more consumers want an easy way to access movies, TV programs, music and photos with their PC connected to a TV," said Charlotte Johs, global vice president of brand development for PC accessories at Logitech. "Our new Illuminated Living-Room Keyboard K830 is designed with this setup in mind. Backlit keys and a premium aesthetic that blends into the living room make it a stand-out choice for people with connected TVs."

Logitech Launches First-of-Its-Kind Logitech G Tunable Gaming Mouse

Logitech, a leading innovator of gaming peripherals, today introduced its newest Logitech G mouse, the Logitech G502 Proteus Core Tunable Gaming Mouse. This extremely customizable mouse combines the world's first 12,000 DPI sensor with advanced surface and weight tuning to help you maximize your victory potential. "I've been super excited to use this mouse in public, I got to test it and it felt great! Was super comfortable and just fit perfectly to my hand," said Hai Lam, team captain for Cloud 9. "Adjusting the DPI is super easy and very flexible. This is probably my favorite mouse to date!" As with every product in the Logitech G lineup, Proteus Core reflects Logitech's commitment to putting science to work to help you win.
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