Logitech sees Q3 revenue at $1.26B-$1.27B, consensus $1.39B

Sees Q3 operating margin 15.7%-%16.0%. "We are disappointed in these preliminary third-quarter results. They reflect challenging macroeconomic conditions including a slowdown in sales to enterprise customers in the quarter. Based on the softer than expected third quarter results, and uncertainty in supply availability related to the current Covid outbreak in China, we are reducing our full-year outlook," said Bracken Darrell, CEO. "We will continue to manage our costs to drive solid operating performance and will provide more detail on our earnings call later this month. We remain confident in our strategy and the long-term trends that fuel our business."