Logitech International S.a. · SIX:LOGN

Logitech International — Q2 FY2024 Earnings Presentation

6 slides from Logitech International's earnings presentation, Oct 23, 2023

  1. Slide 1: Supplemental Financial Information Q2 Fiscal Year 2024

    SUPPLEMENTAL FINANCIAL INFORMATION Q2 FISCAL YEAR 2024 (QUARTER ENDED September 30, 2023)

  2. Slide 2: Q2 FY 2024 Financial Highlights

    Q2 FY 2024 FINANCIAL HIGHLIGHTS $1,057 -9% 42.0% $183 $1.09 $223 million million per share million Non-GAAP Non-GAAP Non-GAAP Cash Flow from Revenue Y/Y Sales % (CC) Gross Margin Operating Income Diluted EPS Operations Results listed in non-GAAP. Sales are net sales and comparisons are Y/Y and on a

  3. Slide 3: Quarterly Financial Trends

    Quarterly Financial Trends Preliminary results * In $ millions except per share and % Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 GAAP Results Net Sales 1,257 1,667 1,536 1,312 1,306 1,633 1,230 1,160 1,149 1,270 960 974 1,057 Gross Margin 45.3% 44.9% 46.3% 43.4% 41

  4. Slide 4: Cash Flow and Operational Trends

    Cash Flow and Operational Trends Preliminary results * In $ millions except working capital metrics Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Balance Sheet Cash and Cash Equivalents 917 1,389 1,750 1,498 1,137 1,364 1,329 1,107 869 1,036 1,149 1,251 1,164 Debt 0 0

  5. Slide 5: GAAP to Non-GAAP Reconciliations

    GAAP to Non-GAAP Reconciliations Preliminary results * In $ millions except per share and % Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Gross Profit - GAAP 570 749 711 569 542 658 494 460 439 477 344 376 439 Share-based compensation expense 2 2 2 1 2 2 1 1 1 1 1 1 2

  6. Slide 6: Forward-Looking Statements and GAAP to Non-GAAP Reconciliation Notes

    FORWARD-LOOKING STATEMENTS AND GAAP TO NON-GAAP RECONCILIATION NOTES *Note: These preliminary results for the three months ended September 30, 2023 are subject to adjustments, including subsequent events that may occur through the date of filing of our Quarterly Report on Form 10-Q. Forward Looking

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