2024-04-15 23:24:58 ET
Summary
- Logitech aims to turn around declining sales by focusing on gaming and live-streaming, with the launch of new products and tools.
- The company's revenue growth has halted the decline and is approaching positive, with current revenue levels still higher than pre-pandemic.
- Logitech is implementing a growth strategy by integrating its products with major tech apps and reclassifying its net sales categories to emphasize gaming and live-streaming.
- But the long-term growth target requires much higher robust progress than where it is currently.
Investment Thesis
Company Overview
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Logitech: Betting On Gaming To Reignite Growth