04:52 AM EDT, 04/30/2024 (MT Newswires) -- Logitech ( LOGI ) reported fiscal Q4 non-GAAP net income late Monday of $0.99 per diluted share, up from $0.50 a year earlier.

Analysts polled by Capital IQ expected $0.65.

Net sales for the quarter ended March 31 were $1.01 billion, up from $960.1 million a year earlier.

Analysts surveyed by Capital IQ expected $959.2 million.

For fiscal 2025, the company expects non-GAAP operating income of $685 million to $715 million on revenue of $4.3 billion to $4.4 billion. Analysts polled by Capital IQ expect revenue of $4.33 billion.

Shares of the company were up almost 9% in Tuesday premarket activity.

Price: 86.45, Change: +7.01, Percent Change: +8.74