Logitech reports a 192% increase in quarterly operating income

(Reuters) – Logitech International increased its non-GAAP operating income by 192% in the third quarter, the computer peripheral maker said Tuesday, as the COVID-19 pandemic increased demand for its home and work products. game accessories.

Excluding rumors, the Swiss-US firm’s net profit rose to $ 2.45 per share in the three months to the end of December, up from $ 0.84 per share a year earlier, he said in a statement.

Sales of the company, which manufactures mobile speakers, keyboards, mice and video conferencing devices, increased 85 percent to $ 1.67 billion.

Reportage by Anirudh Saligrama in Bengaluru; Montage of Krishna Chandra Eluri