https://ift.tt/Y9CqoyJ Q3 Sales Down 12 Percent to $1.15 Billion, Amid Strong Dollar, Economic Slowdown - Level tech

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Tuesday, October 25, 2022

https://ift.tt/Y9CqoyJ Q3 Sales Down 12 Percent to $1.15 Billion, Amid Strong Dollar, Economic Slowdown

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Logitech on Tuesday reported that its quarterly sales and profit had dropped in Q3 2022, as the peripherals maker said sales had declined by 12 percent at $1.15 billion (roughly Rs. 9,524 crore). The firm's chief financial officer, Nate Olmstead, will be leaving the company, after its operating income plunged 26 percent to $156 million (roughly Rs. 1,292 crore) in the...Logitech on Tuesday reported that its quarterly sales and profit had dropped in Q3 2022, as the peripherals maker said sales had declined by 12 percent at $1.15 billion (roughly Rs. 9,524 crore). The firm's chief financial officer, Nate Olmstead, will be leaving the company, after its operating income plunged 26 percent to $156 million (roughly Rs. 1,292 crore) in the...

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