The Swiss-American tech firm now anticipates its annual sales to fall between $4.39 billion and $4.47 billion, an increase from its earlier estimate of $4.34 billion to $4.43 billion.
In the quarter ending in September, the company's non-GAAP operating income rose by 5% to $193 million, surpassing the analyst consensus of $176 million according to a Visible Alpha poll.
Additionally, Logitech, which also offers mobile speakers and webcams, reported a 6% revenue increase to $1.12 billion, exceeding the forecast of $1.10 billion.
"Our strong results and overall business momentum give us the confidence to raise our annual outlook," stated Logitech CFO Matteo Anversa.
These results mark a return to sales growth for Logitech, which faced declining demand after a surge during the pandemic when consumers stocked up on equipment for remote work during lockdowns.
Headquartered in Lausanne, Switzerland, and San Jose, California, the company projects its non-GAAP operating income for the year to be between $720 million and $750 million, up from its previous guidance of $700 million to $730 million.