LAUSANNE, Switzerland (AP) _ Logitech International SA (LOGI) on Monday reported fiscal second-quarter profit of $72.9 million.
On a per-share basis, the Lausanne, Switzerland-based company said it had net income of 43 cents. Earnings, adjusted for one-time gains and costs, were 50 cents per share.
The maker of keyboards, webcams and other computer accessories posted revenue of $719.7 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $725.7 million.
Logitech shares have increased 30% since the beginning of the year. The stock has climbed slightly more than 4% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOGI at https://www.zacks.com/ap/LOGI
Automated Insights, source Associated Press News