United States Securities and Exchange Commission Form
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Q4 & Full-Year 2019 Earnings Presentation
Q4 & FULL-YEAR 2019 EARNINGS PRESENTATION 0 3 / 1 0 / 2 0 2 0 SAFE HARBOR Forward-Looking Information This presentation includes forward-looking information and statements within the meaning of the federal securities laws. Except for historical information contained in this release, statements in this release may constitute forward-looking statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events. Statements containing the words “may”, “could”, “continue”, “would”, “should”, “believe”, “expect”, “anticipate”, “plan”, “goal”, “estimate”, “accelerate”, “target”, “project”, “intend” and similar expressions constitute forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Forward-looking statements are based on management’s current belief, as well as assumptions made by, and information currently available to, management. While the Company believes that its expectations are based upon reasonable assumptions, there can be no assurances that its goals and strategy will be realized. Numerous factors, including risks and uncertainties, may affect actual results and may cause results to differ materially from those expressed in forward-looking statements made by the Company or on its behalf. Some of these factors include, but are not limited to, risks related to the substantial uncertainties inherent in the acceptance of existing and future products, the difficulty of commercializing and protecting new technology, the impact of competitive products and pricing, general business and economic conditions, including the impact of coronavirus on consumer demands and manufacturing capabilities, the Company's partnerships with influencers, athletes and esports teams. -
Turtle Beach Corp. (NASDAQ: HEAR) Price Target USD$ 16.00 Consumer Electronics - Videogame Peripherals Rating Buy a Sound Bull Case Share Price (Apr
Analyst: Ian Del Rio, BSc. ‘21 [email protected] Equity Research US Turtle Beach Corp. (NASDAQ: HEAR) Price Target USD$ 16.00 Consumer Electronics - Videogame Peripherals Rating Buy A Sound Bull Case Share Price (Apr. 30 Close) USD $10.08 April 30, 2020 Total Return 58.7% Turtle Beach Corporation (the Company), is a leading videogame Key Statistics peripheral brand offering a large selection of gaming accessories for all major gaming consoles, PC’s and mobile devices. A market 52 Week H/L $12.50/$4.05 leader in console gaming headsets for the past 10 years, Turtle Market Capitalization $143M Beach has recently expanded its product offering to include PC Average Daily Trading Volume 0.4M gaming peripherals such as headsets, keyboards and mice. Net Debt $7.4M Thesis – Over-Shorted and Underappreciated Enterprise Value $134.86M We believe the market has over-corrected for Turtle Beach’s Net Debt/EBITDA 0.5x inflated valuation in 2018 caused by the meteoric rise of battle Diluted Shares Outstanding 14.5M royale games. The current short interest on the stock suggests the market is now overly pessimistic of the company’s future Free Float 94% performance. Dividend Yield N/A WestPeak’s Forecast Drivers – Online Multiplayer Games The success of major gaming franchises with popular online 2019A 2020E 2021E multiplayer modes that encourage player communication tend to Revenue $238M $221M $227M drive increased gaming headset sales. Furthermore, the launch of EBITDA $15M $23M $20M new Xbox and Playstation gaming consoles in late 2020 is Net Income $18M $22M $21M expected to drive growth in headset sales in 2021 and 2022, as new buyers look to purchase a gaming headset to enhance their EPS $1.24 $1.53 $1.26 gaming experience with their new console and owners of the P/E 9.7x 7.1x 7.5x previous generation of consoles look to upgrade their gaming EV/EBITDA 7.2X 4.7X 5.6X headset. -
United States Securities and Exchange Commission Form
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ For the fiscal year ended March 31, 2020 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ☐ OF 1934 For the Transition Period from to Commission File Number: 0-29174 LOGITECH INTERNATIONAL S.A. (Exact name of registrant as specified in its charter) Canton of Vaud, Switzerland None (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Logitech International S.A. EPFL - Quartier de l'Innovation Daniel Borel Innovation Center 1015 Lausanne, Switzerland c/o Logitech Inc. 7700 Gateway Boulevard Newark, California 94560 (Address of principal executive offices and zip code) (510) 795-8500 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Name of each exchange on which registered Registered Shares par value CHF 0.25 per share The Nasdaq Global Select Market; SIX Swiss Exchange Securities registered or to be registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ý No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No ý Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. -
Alexa Video Play Pause Resume Harmony Hub
Alexa Video Play Pause Resume Harmony Hub pivotsKutcha lifestyles. Walter fort Scott standoffishly, rejiggers his he stupids outtalks stutter his mascles lamentingly, very angelically. but octuplet Flatways Jackie never gradely, bells Maximilian so antichristianly. Germanizing modernists and With stay Smart TV remote app set fee, please contact. Windows Mac To play a recording that resides on your computer. Ai machine and pause the tv sound system your country sound will scan nearby echo in a group watching tv alexa video play pause resume harmony hub based on? Firmware update maintain synchrnicity with alexa will resume it a pause button you have this is for me? This functionality might too far help video played. Be order you are not trying to use an imminent or Corporate guest network. There taste more products in the Harmony product line! Connecting your LG Smart TV to Google Home is pretty simple for the techy ones. Scale your workforce dynamically as business needs change. Here we can find love new, and more drop your TV. From the control better buying, where you make it to a response to lower bar which the harmony product has the time is? Alexa voice commands through the Alexa app or through your Echo speakers. Organize your google home tips on microfilm from here ambient eq can resume play video. Our Logitech Harmony is obviously not a light and no additional screen will currently be displayed in our Google Home app to further control our Harmony activity or to select one of our favorites. Or savings you steer to opening some other application that or know is listening for one specific intent. -
Reasnow S1 User Manual
User Manual of ReaSnow S1 ReaSnow S1 User Manual V1.4 Jan, 2021 This manual is the intellectual property of ReaSnow. It must only be published in its original form. Using parts or republishing altered parts of this document is prohibited without permission from ReaSnow. http//www.reasnow.com PAGE 1 / 30 User Manual of ReaSnow S1 Table of Contents Chapter 1:Introduction to ReaSnow S1 1.1 Major Features of ReaSnow S1 1.2 Technical Specifications 1.3 Diagram Chapter 2:Quick Guide 2.1 Upgrade Firmware 2.2 Mouse Settings 2.3 Console and game settings 2.4 Wiring 2.5 ReaSnow Manager APP Chapter 3:ReaSnow Manager APP 3.1 Home 3.2 Manager 3.3 Settings 3.4 Add Config 3.5 Edit Config 3.7 Global Settings Chapter 4:Macro 4.1 Macro Manager 4.2 Macro Glossary 4.3 Examples and Explanations Chapter 5:Steering Wheel 5.1 Introduction 5.2 Usage 5.3 Notes Chapter 6:Flight Stick, Arcade Stick, and Other Controllers 6.1 Wiring 6.2 Add a Config Chapter 7:Bluetooth Controllers 7.1 Wiring 7.2 Add a Config 7.3 Pairing Chapter 8:Restoration 8.1 Restore factory defaults http//www.reasnow.com PAGE 2 / 30 User Manual of ReaSnow S1 Chapter 1:Introduction to ReaSnow S1 ReaSnow S1 is a high-end gaming converter created by ReaSnow Team, Professional mouse optimization for FPS games is embedded in it. Accurate and stable aiming can be got easily with your preferred mouse and keyboard. And it's also an all-around converter, most of the consoles in the market are compatible, such as: PS5 S&D/PS4 Pro&Slim/PS4/PS3/ Xbox Series X&S/ Xbox One X&S/Xbox One/XBox 360/ Nintendo Switch. -
2017 Annual General Meeting Invitation, Proxy Statement and Annual Report
2017 Annual General Meeting Invitation, Proxy Statement and Annual Report TO OUR SHAREHOLDERS WE’VE COME A LONG WAY… So, we have come a long way. Which gives us an opportunity to put this company - now in its 35th year - When we meet people from outside Logitech, we often into a broader perspective as we look ahead. For both hear, “Wow, you really had a terrific year!”, or “What a of us, it’s an anniversary of sorts this year. Guerrino turnaround this past year or two!”. celebrates 20 years at Logitech in a few months and Bracken celebrates his first five. Let’s step back and think The truth is we started down this road five years ago. about the world in which we now play. After all, you’re That was Fiscal Year 2013, when retail sales in constant reading this because you’re interested in what’s ahead. currency fell -7% year on year. TOOLS ENHANCE OUR LIVES We made changes to our strategy, our culture and our team. And since then we’ve systematically and Let’s step way back to the dawn of humanity; even before Letter to Shareholders passionately worked toward our goal to become a design history was recorded. Our earliest tools were knives, company. A design company is not one focused on spears, the wheel, jugs and more. They enabled us to do fashion or beautiful products (although our products are things we couldn’t do on our own and became stepping beautiful). It’s a company that puts the consumer at the stones for new advances. -
Turtle Beach Corporation Market Share for Headsets
Mateo Panjol Tuflija, Chen Zhou, Jaro Van Diepen, Achyut Seth Video Game Industry Overview : Consumer Demographics Action and shooter games are within the top three categories of popular games genres; these games require higher sound quality for gamers to maintain a competitive advantage. For example, in a shooting video game, a headset with high sound quality would allow a gamer to better locate other players and know what direction bullets are coming from. % of population 47% 40% playing games Competition Completion Males’ 14.1% 17.0% predominant 14.1% 17.0% motive for playing video DestructionDestruction Fantasy games are competition and 11.9% 1.2% destruction. Completion Design With the rise in Battle Royale 10.2% 14.5% games, these gamers are more inclined to Fantasy Community purchase 9.5% accessories to 9.0% 9.5% give them a competitive Competition CommunityCommunity Story advantage over other players. 8.8% 8.8% 8.5% 2 Industry Overview | Company Overview | Investment Thesis | Valuation Video Game Industry Overview: Revenue and Segment Breakdown Worldwide Game Market Revenue from 2015 to 2017 by region Unit: Billions 51.2 2015 2016 2017 46.6 43.1 27 26.2 23.8 25.4 23.5 20.5 4 4.1 4.4 Asia Pacific North America Europe, Middle East, Africa Latin America Consumer Spending on Gaming in the US and By Segment (2010-2016) Unit: Billions 17% increase in spending on accessories from 2013 to 2016 because of high disposable income & advancements in tech 35 30 2.2 3.7 25 2.94 2.62 1.93 2.1 20 1.88 6.29 5.59 1.93 4.9 4.04 4.26 5.08 15 24.5 10 15.9 16.54 14.8 15.39 15.4 16.5 5 0 2010 2011 2012 2013 2014 2015 2016 Content Hardware Accessories 3 Industry Overview | Company Overview | Investment Thesis | Valuation Video Game Headsets & Accessories Industry Overview: General Info and Trends With gaming content in recent years becoming more focused on online multiplayer modes, communication and sound quality becomes more important in the gameplay experience. -
Designed for the Digital Future Selected Financial Highlights
Rapport Annuel 2009, Geschäftsbericht 2009, 2009 Annual Report, Invitation et Document Einladung und Invitation and Proxy D’Information Informationsmaterial Statement Designed for the Digital Future Selected Financial Highlights The following selected historical information has been derived from audited financial statements included in our annual reports for such years. Accordingly, the table should be read in conjunction with the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in our annual reports for Fiscal Years 2009 and 2008 and the section titled “Operating and Financial Review and Prospects,” in our annual reports for Fiscal Years 2005 through 2007. Fiscal Year 2005 2006 2007 2008 2009 (in thousands of U.S. dollars, except per share amounts) Total revenues $ 1,482,626 $ 1,796,715 $ 2,066,569 $ 2,370,496 $ 2,208,832 Gross margin 34.0% 32.0% 34.3% 35.8% 31.3% Operating income $ 171,674 $ 198,911 $ 230,862 $ 286,680 $ 109,654 Operating margin 11.6% 11.1% 11.2% 12.1% 5.0% Net income $ 149,266 $ 181,105 $ 229,848 $ 231,026 $ 107,032 Earnings per diluted share $ 0.77 $ 0.92 $ 1.20 $ 1.23 $ 0.59 Diluted number of shares (in millions) 198,250 198,769 190,991 187,942 182,911 Cash flow from operations $ 213,674 $ 152,217 $ 303,825 $ 393,079 $ 200,587 Capital expenditures $ 40,541 $ 54,102 $ 47,246 $ 57,900 $ 48,263 Cash & cash equivalents net of short-term debt $ 331,402 $ 230,943 $ 398,966 $ 486,292 $ 494,396 Shareholders’ equity $ 526,149 $ 685,176 $ 844,524 $ 960,044 $ 997,708 This document contains forward-looking statements, including the statements regarding a return to earnings growth for the second half of Fiscal Year 2010, Logitech’s ability to emerge stronger from the recession, the size and timing of expected savings from the restructuring and efforts to lower variable expenses, evolving technology and market trends, growth opportunities in our product categories and our business strategies for Fiscal Year 2010 and beyond. -
2007 ANNUAL REPORT Fiscal Year 2003 2004 2005 2006 2007 (U.S
2007 ANNUAL REPORT Fiscal Year 2003 2004 2005 2006 2007 (U.S. dollars in thousands, except per share amounts) Total Revenues $ 1,100,288 $ 1,268,470 $ 1,482,626 $ 1,796,715 $ 2,066,569 Gross Margin 33.1% 32.2% 34.0% 32.0% 34.3% FY07 Non-GAAP Gross Margin 34.4% Operating Income $ 123,882 $ 145,554 $ 171,674 $ 198,911 $ 230,862 FY07 Non-GAAP Operating Income $ 250,326 Operating Margin 11.3% 11.5% 11.6% 11.1% 11.2% FY07 Non-GAAP Operating Margin 12.1% Net Income $ 98,843 $ 132,153 $ 149,266 $ 181,105 $ 229,848 FY07 Non-GAAP Net Income $ 244,786 Earnings per diluted share $ 0.49 $ 0.67 $ 0.77 $ 0.92 $ 1.20 FY07 Non-GAAP Earnings per diluted share $ 1.27 Diluted number of shares (in millions) 205,638 200,639 198,250 198,770 190,991 Cash Flow from Operations $ 145,108 $ 166,460 $ 213,674 $ 152,217 $ 305,681 Capital Expenditures $ 28,657 $ 24,718 $ 40,541 $ 54,102 $ 47,246 Cash & Cash Equivalents net of Short-Term Debt $ 208,632 $ 280,624 $ 331,402 $ 230,943 $ 398,966 Shareholders’ Equity $ 365,562 $ 457,080 $ 526,149 $ 685,176 $ 844,525 Fiscal Year-end Market Capitalization (in billions) $ 1.40 $ 2.17 $ 2.92 $ 3.80 $ 5.32 NOTE: The Fiscal Year 2007 Non-GAAP gross margin, operating income, operating margin, net income and earnings per diluted share fi gures exclude the cost or net cost of share- based compensation in Fiscal Year 2007, the fi rst year we refl ected this expense in our fi nancial results. -
User Manual Logitech® Harmony® One+ Remote
User Manual Logitech® Harmony® One+ Remote Version 1.0 © 2011 Logitech Inc. All rights reserved. Logitech's trademarks are either registered trademarks or trademarks of Logitech in the US and other countries. All other trademarks are the property of their respective owners. LOGITECH HARMONY ONE+ USER MANUAL Contents Introduction . 1 Getting to know your Harmony One+ . 1 How your Harmony One+ works .........................................1 Devices, inputs, and activities ...........................................1 The buttons on your Harmony One+ ......................................2 What’s on the Harmony One+ touchscreen. .3 Using your Harmony One+ . 4 Selecting an activity ...................................................4 Using the Remote Assistant .............................................4 Controlling your devices individually .....................................4 Using your favorite channels ............................................5 Turning off your devices ................................................5 Setting the date and time ..............................................5 Recharging your remote ...............................................5 Using the Help button .................................................6 Setting up your Harmony One+ for the first time . 7 Overview ............................................................7 1. Creating your user account ..........................................8 2. Connecting your Harmony One+ to your computer ......................8 3. Setting up the devices you want -
User Manual User Manual
User Manual User Manual Version 1.0 Contents Introduction............................................................................................................................. 4 Getting to know your remote .................................................................................................. 4 How your Harmony 525 works ........................................................................................ 4 Activities, devices, and inputs ......................................................................................... 4 The buttons on your Harmony 525 ................................................................................. 5 What’s on the Harmony 525 screen ...................................................................................... 6 Using your Harmony 525 ......................................................................................................... 7 Selecting an Activity ........................................................................................................... 7 Turning off your devices ...................................................................................................... 7 Switching between Activities ................................................................................................ 7 Using the Help button ........................................................................................................ 8 Controlling your devices individually ..................................................................................... -
Logitech G25 Instruction Manual Download Logitech G25 Instruction Manual
Logitech G25 Instruction Manual Download Logitech G25 Instruction Manual Logitech G25 Manuals & User Guides User Manuals, Guides and Specifications for your Logitech G25 Video Game Controller. Database contains 1 Logitech G25 Manuals (available for free online viewing or downloading in PDF): Installation. Logitech G25 Installation (2 pages) Logitech. If you are planning to improve your sim experience and you have a Logitech wheelbase setup, no worries! In our shop, you can find our Logitech Adapter that works perfectly with all Cube Controls range of Formula and GT steering wheels. On the most popular wheel bases: Logitech G29; Logitech G27; Logitech G25. Thrustmaster Hey guys, on christmas I will get gt sport + logitech g29 + shifter. I'm thinking about modding it to a sequential shifter as well. As I currently don't have the game and shifter, I also want to know if it is possible the re-map gear 3 and 4 of the shifter to shift down an up via the config menu? Free download of your Logitech G25 Racing Wheel User Manual. Still need help after reading the user manual? Post your question in our forums. 16 Aug 2020. Logitech G25 Software and Update Driver for Windows 10, 8, 7 - Mac. Here you can Logitech Gaming Drivers free and easy, just. As far as I know, controllers like the G25 - G27 are a simple on - off button connected to a pedal that you toggle with your foot. So, in real life, you're using various levels of pressure on the clutch pedal to control how fast or smoothly the clutch is engaged - disengaged.