ZURICH (Reuters) – Logitech International is feeling more optimistic after slowing its rate of sales decline and offsetting the downturn with cost cuts during its second quarter, Chief Financial Officer Chuck Boynton said on Tuesday.
Still, it was too early to say when the maker of computer mice and keyboards would return to sales growth, he told Reuters.
“From last quarter to now we’re probably feeling a little more optimistic, but that happens when the pace of change in the negative starts to slow,” Boynton said after Logitech posted its second quarter earnings.
(Reporting by John Revill, Editing by Rachel More)
