{"id":1045618,"date":"2026-10-29T07:56:14","date_gmt":"2026-10-29T02:26:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1045618"},"modified":"2026-10-29T08:14:04","modified_gmt":"2026-10-29T02:44:04","slug":"logitech-sheds-2-billion-in-market-cap-as-margin-concerns-overshadow-profit-beat","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/29\/logitech-sheds-2-billion-in-market-cap-as-margin-concerns-overshadow-profit-beat\/","title":{"rendered":"Logitech sheds $2 billion in market cap as margin concerns overshadow profit beat"},"content":{"rendered":"<p>Logitech shares tumbled on Wednesday despite the computer peripherals maker reporting better-than-expected second-quarter profit a day earlier, as analysts pointed to profit-taking and concerns over margin pressures<\/p>\n<p>The stock was down 10% at 1024 GMT, wiping about 1.5 billion Swiss francs ($1.81 billion) off the company&#8217;s roughly 14 billion-franc market value. It had gained about 12% this year before the results were announced on Tuesday.<\/p>\n<p>Vontobel analyst Michael Foeth attributed the pressure on the stock to Logitech&#8217;s relatively low gross margin forecast of 41% to 42% for the December quarter, about 200 basis points below a year earlier, as well as weaker consumer demand in Europe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Logitech shares tumbled on Wednesday despite the computer peripherals maker reporting better-than-expected second-quarter profit a day earlier, as analysts pointed to profit-taking and concerns over margin pressures The stock was down 10% at 1024 GMT, wiping about 1.5 billion Swiss francs ($1.81 billion) off the company&#8217;s roughly 14 billion-franc market value. It had gained about 12% this year before the results were announced on Tuesday. Vontobel analyst Michael Foeth attributed the pressure on the stock to Logitech&#8217;s relatively low gross margin forecast of 41% to 42% for the December quarter, about 200 basis points below a year earlier, as well [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1045618","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1045618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1045618"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1045618\/revisions"}],"predecessor-version":[{"id":1045620,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1045618\/revisions\/1045620"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1045618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1045618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1045618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}