Logi loses gains

from hybrid high

Video Collaboration down
but long term trend strong

Logitech International, the $4Bn+ personal tech accessories maker reported huge sales and profits falls from lower tech demand in large corporate enterprises, reversing huge gains during WFH/Covid highs. However, departing ceo Bracken Darrell (to Gamstop) interim replacement Guy Gecht seemed confident about video collaboration prospects through 2023/24. Report analysis here