FREMONT, Calif., July 22, 2009 and ROMANEL-SUR-MORGES, Switzerland, July 23, 2009 — Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced financial results for the first quarter of Fiscal Year 2010.
Sales for Q1 were $328 million, a decrease of 36 percent compared to $509 million in the same quarter last year. Excluding the unfavorable impact of exchange rate changes, sales decreased by 33 percent.