Category: Q3 Earnings

Logitech Stock Gains on Q3 Earnings Beat

January 26, 2022
Business & EconomyCompanieseconomyLogitechMarketsQ3 Earningsstocks
0 Comment

Logitech International SA. reported a third-quarter FY22 sales decline of 2 percent year-on-year to $1.63 billion, beating the consensus of $1.27 billion. Category sales grew 29 percent Y/Y in Keyboards & Combos and 8 percent Y/Y in Pointing Devices and Gaming. Video Collaboration was down 2 percent Y/Y. Margins The non-GAAP gross margin contracted 460 bps…

Read More

Is Tesla on Track to Deliver Apple-Like Gross Margins Amid China Demand Rebound? Bulls Munster and Ives React to Q3 Earnings

October 22, 2021
Business & EconomyBusiness Columnistschip shortageGross MarginsMarket WatchMarketsQ3 Earningstesla
0 Comment

Tesla Inc.’s impressive third-quarter earnings and revenue beat despite the impact of chip shortage indicates a robust electric vehicle trajectory for the Elon Musk-led company in the current quarter and beyond, according to analysts from Loup Ventures and Wedbush Securities. Tesla Analysts Wedbush analyst Daniel Ives has maintained an Outperform rating and a price target…

Read More