⁍ The maker of computer keyboards and mice also raised its full-year forecast.
⁍ The Swiss-U.S. firm has been profiting from people working from home.
– The H1N1 virus didn’t take a toll on Logitech’s sales in the second quarter. The company’s sales jumped 75% to $1.26 billion, thanks in part to a rise in people working from home, Reuters reports. “The growth trends that drive our business have accelerated as society adjusts to its new reality,” said CEO Bracken Darrell in a statement. “The organization leaders I speak to envision people increasingly working from multiple locations, a hybrid work culture that is emerging as the norm.” The company also raised its full-year forecast, saying it now expects sales to increase between 35% and 40%.
Source: https://www.reuters.com/article/logitech-intl-results/logitech-reports-75-jump-in-quarterly-sales-raises-fy-outlook-idUSL4N2HB0KF