Logitech International S.a. · SIX:LOGN

Logitech International — Q3 FY2023 Earnings Presentation

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

  1. Slide 1: Supplemental Financial Information Q3 Fiscal Year 2023

    SUPPLEMENTAL FINANCIAL INFORMATION Q3 FISCAL YEAR 2023 (QUARTER ENDED December 31, 2022)

  2. Slide 2: Q3 FY 2023 Financial Highlights

    Q3 FY 2023 FINANCIAL HIGHLIGHTS $1,270 -17% 37.9% $204 $1.14 $280 million million per share million Non-GAAP Non-GAAP Non-GAAP Cash Flow from Revenue Y/Y Sales Growth 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 1,2 Preliminary results * In $ millions except per share and % Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 GAAP Results Net Sales 903 709 792 1,257 1,667 1,536 1,312 1,306 1,633 1,230 1,160 1,149 1,270 Gross Margin 37.1% 39.0% 38.6% 45.3%

  4. Slide 4: Cash Flow and Operational Trends

    Cash Flow and Operational Trends 1 Preliminary results * In $ millions except working capital metrics Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Balance Sheet Cash and Cash Equivalents 656 716 809 917 1,389 1,750 1,498 1,137 1,364 1,329 1,107 869 1,036 Debt 0 0 0 0

  5. Slide 5: GAAP to Non-GAAP Reconciliations

    GAAP to Non-GAAP Reconciliations Preliminary results * In $ millions except per share and % Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Gross Profit - GAAP 334 277 306 570 749 711 569 542 658 494 460 439 477 Share-based compensation expense 1 1 1 2 2 2 1 2 2 1 1 1 1

  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 December 31, 2022 are subject to adjustments, including subsequent events that may occur through the date of filing our Quarterly Report on Form 10-Q. Forward Looking State

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