(Reuters) – Logitech International <LOGN.S> on Tuesday reported a surge in second-quarter revenue and net profit as the computer peripherals maker benefited from a shift to working from home during the COVID-19 pandemic.
The maker of computer keyboards and mice also raised its full-year forecast, saying it now expects annual sales to increase between 35% and 40% in constant currencies and non-GAAP operating income of between $700 million and $725 million.
Logitech said sales rose 75% to $1.26 billion in the three months to the end of September. Net income rose to $266.9 million from $73 million a year earlier.
(Reporting by Sabahatjahan Contractor in Bengaluru and John Revill in Zurich; Editing by Amy Caren Daniel)