Business

Logitech fizzles despite revealing 85% sales growth in latest earnings

2 monthes ago   |   By Business Insider

Summary List Placement Logitech stock traded down on Friday despite a strong earnings report for the holiday quarter.
The Swiss-American manufacturer of computer peripherals and software revealed 85% sales growth in the quarter, beating analysts' estimates by over $400 million.
Additionally, cash flow from operations was up to $530 million versus $181 million from a year ago. And EPS grew an incredible 192% year-over-year to $2.45.
Logitech also raised its 2021 annual outlooks. The company now sees its annual sales growth of 57%-60%, up from 35%-40%.
Logitech also believes it will break...
Read more ...

 

Logitech fizzles despite revealing 85% sales growth in latest earnings

Logitech fizzles despite revealing 85% sales growth in latest earnings

2 monthes ago   |   By Business Insider

Summary List Placement Logitech stock traded down on Friday despite a strong earnings report for the holiday quarter.
The Swiss-American manufacturer of computer peripherals and software revealed 85% sales growth in the quarter, beating analysts' estimates by over $400 million.
Additionally, cash flow from operations was up to $530 million versus $181 million from a year ago. And EPS grew an incredible 192% year-over-year to $2.45.
Logitech also raised its 2021 annual outlooks. The company now sees its annual sales growth of 57%-60%, up from 35%-40%.
Logitech also believes it will break...
Read more ...

 




First North American bitcoin ETF soars past $1 billion under management as...

First North American bitcoin ETF soars past $1 billion under management as interest in crypto booms

Summary List Placement North America's first bitcoin ETF has soared past the $1 billion assets under management mark. The Purpose bitcoin ETF, ticker BTCC, is reaping rewards... Read more ...

Capitol police officers were ordered to not use most aggressive...

Capitol police officers were ordered to not use most aggressive crowd-control tactics against January 6 mob, watchdog report reveals

Summary List Placement Despite being tipped off of the January 6 riots, Capitol police officers were ordered not to use their most aggressive crowd-control tactics - like stun... Read more ...

Daunte Wright's killing is tragic proof police need massive reforms. But...

Daunte Wright's killing is tragic proof police need massive reforms. But calls for "ending policing" are unpopular and counterproductive

Summary List Placement Daunte Wright's killing in Brooklyn Center, Minnesota was captured on video , essentially through the eyes of his killer. Body cam footage shows the... Read more ...

Matt Gaetz's indicted associate Joel Greenberg has been cooperating against...

Matt Gaetz's indicted associate Joel Greenberg has been cooperating against him since last year, report says

Summary List Placement An indicted associate of Rep. Matt Gaetz of Florida has been cooperating with federal investigators since last year on an "array of topics," The New York... Read more ...

Elizabeth Warren says the government should fire student loan servicer...

Elizabeth Warren says the government should fire student loan servicer Navient, which should fire its CEO

Summary List Placement Navient CEO John Remondi was at Sen. Elizabeth Warren of Massachusetts' first hearing on student debt relief. Warren told Remondi that he should be fired... Read more ...

Doctors say fears of blood clots from J&J's shot are overdone and could...

Doctors say fears of blood clots from J&J's shot are overdone and could delay the push to end the pandemic

Summary List Placement The race to immunize the world against the coronavirus is now facing its biggest safety-related challenge yet. Two leading vaccines, developed by Johnson... Read more ...

New data shows Moderna's vaccine remains highly protective 6 months after shots

New data shows Moderna's vaccine remains highly protective 6 months after shots

Summary List Placement Moderna's COVID-19 vaccine remains highly protective six months after a person receives their second shot, according to updated data the biotech released... Read more ...

Biden issues warning to Putin, proposes summit as Russian troops amass along...

Biden issues warning to Putin, proposes summit as Russian troops amass along the Ukrainian border

Summary List Placement President Joe Biden on Tuesday urged Russian President Vladimir Putin to de-escalate tensions as thousands of Russian troops gather along the Ukrainian... Read more ...

WHO urges pause in market sale of captured live wild animals

WHO urges pause in market sale of captured live wild animals

GENEVA - The United Nations' health agency on Tuesday urged countries to suspend the sale of live animals captured from the wild in food markets as an emergency measure, saying... Read more ...

Elizabeth Warren is holding her first hearing on student debt cancelation...

Elizabeth Warren is holding her first hearing on student debt cancelation. Here's what to expect

Summary List Placement In her first hearing as Chair of the Senate Banking Committee's Subcommittee on Economic Policy, Sen. Elizabeth Warren of Massachusetts will address the... Read more ...