Logitech introduces new portable speaker EVERBOOM with innovative features

From Nasdaq: 2024-06-27 10:43:00

Logitech’s Ultimate Ears brand introduces EVERBOOM, a portable speaker, with waterproof, dustproof features and 20-hour playtime. Upgrades to existing speakers include new color options, USB-C charging ports, deep bass, and post-consumer recycled fabric. The BOOM app now includes a megaphone feature for large gatherings.

Logitech expands market share in consumer electronic accessories with innovative products. The consumer electronic accessories market is projected to grow at a CAGR of 5.68% from 2021 to 2032. LOGI’s webcam products and office accessories like keyboards continue to drive growth, especially in the Apple ecosystem with Logi for Mac.

LOGI enhances performance with macOS keyboards and certifications for Microsoft and Intel devices. Logitech’s range of certified devices ensures smooth operation with industry giants’ offerings. The company shows signs of recovery post-pandemic downturn, benefitting from the growing personal computers market and increased Zacks Consensus Estimate for fiscal 2025 earnings.

Logitech’s strategic partnerships and innovative products make it an attractive investment option. With a Zacks Rank #1 and Growth Score of B, LOGI is poised for future growth opportunities. Analysts have revised upward fiscal 2025 earnings estimate from $4.07 to $4.28, indicating a positive outlook for the company’s performance in the tech peripherals space.



Read more at Nasdaq: Logitech (LOGI) Expands Its Portfolio With Latest Speaker