Logitech

Henry Levak is appointed effective immediately as head of the Team Workspace Solutions business unit at Logitech and will report directly to CEO Hanneke Faber. Levak has worked at Logitech since 2017 and was previously deputy head of the B2B division "Product for Logitech for Business." In that role he supported the development of numerous hardware and software solutions for conference and meeting rooms. » More on finanzen.net

Logitech reported adjusted EPS of $1.85 and revenue of $1.23 billion for Q1, beating consensus expectations, but its shares fell about 7.2% to CHF 81.50. The market reaction was triggered by a major disruption at an important semiconductor supplier; management cited a potential revenue shortfall of up to $20 million in Q2 and up to $200 million in Q3. Analysts also noted that the results were brightened by a one-off U.S. customs refund of $61 million and warned of possible downgrades to guidance and risks to earnings quality. » More on de.investing.com

Logitech reported first-quarter 2026/27 revenue up 7% to $1.23 billion (constant currencies +5%) and non-GAAP EBIT of $290.4 million, up 44%. Non-GAAP gross margin rose to 49.8% (+770 basis points) and non-GAAP net income was $269.0 million (+43%), which includes $61 million of tariff refunds. An incident at a semiconductor supplier could cost about $20 million in headwinds in Q2 and up to $200 million in net revenue in Q3; the effect is expected to be largely resolved by Q4. For Q2, Logitech forecasts US-dollar revenue growth of 0–3% ($1.19–1.22 billion) and non-GAAP EBIT of $185–210 million; the company continues to target the upper end of its annual operating margin range of 15–18%. » More on finanzen.net