|
MrWhy.com » Videos » Logitech Down Nearly 20% On Reduced 2011 Guidance (LOGI) |
|
|
Logitech Down Nearly 20% On Reduced 2011 Guidance (LOGI)
|
Logitech Down Nearly 20% On Reduced 2011 Guidance (LOGI)
Shares of Logitech International SA (NASDAQ:LGI) are trading down big today in the Swiss market after the technology firm lowered its 2011 fiscal year outlook.The company now projects sales in the range of $2.35 to $2.37 billion, down from its previous estimate of $2.40 to $2.42 billion, with the consensus estimate falling in at $2.41 billion.Full year operating income is now estimated at $140 to $150 million, down from the previous $170 to $180 million.The company is scheduled to report earnings at the end of the month, on April 28, 2011.LOGI is trading down 18.04% to $14.86 per share.
Video Length: 0
Date Found: April 01, 2011
Date Produced: April 01, 2011
View Count: 0
|
|
|
|
|
I got punched by an old guy, for farting near his wife. Read MoreComic book creator Stan Lee talks the future of the medium in the digital age. Panelists Zachary... Read MoreThe U.S. launch of Spotify is still on music lovers' minds. Join Zachary Levi, from NBC’s... Read MoreTuesday: Rupert Murdoch testifies before Parliament on the hacking scandal that brought down "News... Read MoreAfter a long slump, the home construction industry may be showing signs of life. But as Bill... Read More | 1 2 3 4 5 |
|
|
|