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Logitech Announces Fourth Quarter and Full-Year Financial Results for FY 2012

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Logitech Announces Fourth Quarter and Full-Year Financial Results for FY 2012 Powered By Docstoc
					
				
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Description: NEWARK, Calif. & MORGES, Switzerland--(EON: Enhanced Online News)--Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the fourth quarter and full year of Fiscal Year 2012. Sales for Q4 FY 2012 were $532 million, down 3 percent from $548 million in Q4 FY 2011. Excluding the unfavorable impact of exchange rates, sales decreased by 2 percent compared to the prior year. Operating income was $24 million compared to $4 million in the same quarter a year ago. Net in a style='font-size
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