Logitech reports Q3 EPS $1.53, consensus $1.17

Reports Q3 revenue $1.26B, consensus $1.25B. “Our third-quarter results show our continued focus on operational discipline,” said Chuck Boynton, CFO. “While revenue declined 3% in constant currency, we delivered strong gross margins of 42.3% and grew profitability. We generated $443 million in operating cash flow in the quarter and returned a total of $188 million to our shareholders through share repurchases.”