On Wednesday, Shares of Logitech International S.A. (NASDAQ: LOGI) rose 1.01% to $42.08. The stock recorded $41.99 as its minimum price and hit the max level of $42.70, during its most recent trading session. It traded total volume of 1,083,152 shares higher than the average volume of 435.97K shares.
Logitech International (LOGN.VX) (LOGI) recently declared financial results for the third quarter of Fiscal Year 2018.
- Q3 sales were an all-time record $812.0M, up 22 percent in US dollars and 18 percent in constant currency, contrast to Q3 of the prior year.
- Q3 GAAP operating income amounted to $100.0M, contrast to $96.0M in the same quarter a year ago. Q3 GAAP earnings per share (EPS) amounted to $0.48, contrast to $0.59 in the same quarter a year ago. GAAP profitability was influenced by a one-time $160M net tax expense following the reduction in the U.S. federal income tax rate and other reforms.
- Q3 non-GAAP operating income grew 18 percent to $117.0M, contrast to $99.0M in the same quarter a year ago. Q3 non-GAAP EPS grew 16 percent to $0.65, contrast to $0.56 in the same quarter a year ago.
- Cash flow from operations grew 27 percent to $189.0M, the highest quarterly level ever.
LOGI has the market capitalization of $7.02B and its EPS growth ratio for the past five years was 15.90%. The return on assets ratio of the Company was 14.60% while its return on investment ratio stands at 23.70%. Price to sales ratio was 3.00 while 32.50% of the stock was owned by institutional investors.