🔴 Logitech is trading 5.8% down in after-hours trading as supply disruption threatens third-quarter sales

Logitech is trading at $105.33, down 5.8%, after warning a semiconductor supplier disruption is expected to reduce fiscal third-quarter sales by $70 million to $80 million.

• The October 27 release showed second-quarter revenue and profit beat forecasts and projected third-quarter sales of $1.36 billion to $1.43 billion.
• Reuters said the supplier impact was lower than previously expected; the disruption should be largely resolved by the fourth quarter. Shares fell in extended trading despite positive market context.