Logitech International reported sales of $1.31 billion (+4 percent) and operating income of $179 million (–44 percent) in the second quarter of fiscal 2022.
The computer peripherals maker achieved significant growth in demand for its products from stay-at-home workers.
Logitech said it has generated quarterly revenue of $189 million from Pointing Devices, $236 million from Keyboards & Combos, $94 million from PC Webcams, $80 million from Tablet & Other Accessories, $330 million from Gaming, $231 million from Video Collaboration, $39 million from Mobile Speakers, $98 million from Audio & Wearables and $5 million from Smart Home business.
The Swiss-American maker of keyboards, mice and headsets enjoyed a boom during the coronavirus pandemic, as staff working from home bought more of its keyboards and mice, while its webcams were also increasingly used for remote meetings.
Players of games such as League of Legends, Fortnite and over multiplayer games have also been a driver of growth, purchasing headsets, and specially adapted keyboards and controllers.
The company maintained its annual outlook for the financial year through March 2022, and said it expects a full-year non-GAAP operating income of $800 million to $850 million.
“We are confirming our full-year outlook, despite unprecedented supply chain industry challenges,” Chief Executive Bracken Darrell said in a statement.
The company also forecast flat sales growth in constant currency, plus or minus 5%.
