|Bid||56.49 x 900|
|Ask||60.93 x 900|
|Day's Range||57.30 - 58.44|
|52 Week Range||49.70 - 109.67|
|Beta (5Y Monthly)||0.79|
|PE Ratio (TTM)||17.67|
|Forward Dividend & Yield||0.98 (1.68%)|
|Ex-Dividend Date||Sep 26, 2022|
|1y Target Est||N/A|
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PC peripherals maker Logitech missed Wall Street's targets for its fiscal first quarter and lowered its full-year outlook.
Fiscal-first-quarter sales and profit missed analysts' estimates. The company blamed macroeconomic weakness.
Logitech International is seeing the impact of the global semiconductor chip shortage moderating, Chief Executive Bracken Darrell said on Tuesday, saying he expects problems to be overcome by the end of the year. "We are not over it, but the symptoms are getting milder," Darrell told Reuters after the computer peripherals maker reported its first-quarter earnings. "We will be free and clear in the third quarter, or in the worst case, the fourth quarter," he said, referring to Logitech's two reporting periods that end in December 31, 2022, and March 31, 2023, respectively.