Thursday, July 19, 2007

Logitech quarterly profit falls 15 pct, shares drop

(Reuters) - Net profit in the quarter, which finished at the end of June, fell to $25.6 million from $30.1 million in the year-ago period, below the average forecast of $29.7 million in a Reuters poll of 13 analysts.




The year-earlier quarter's results were boosted by an after-tax gain of $5.8 million from its sale of shares of Anoto Group AB.


Read more at Reuters.com Hot Stocks News

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