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Logitech Sees Continued Momentum in Gaming
During Logitech's Q3 2022 earnings call $LOGI, management highlighted twice the strength they're seeing for gaming peripherals. Gaming was one of the biggest beneficiaries of COVID-19, and it appears the momentum has continued.

  • "We continued our strong momentum in gaming even after having exceptional revenue growth last year. We've been telling you that gaming is no longer a fringe hobby for a small group of customers for a long time. According to New Zoo, there are now 3 billion gamers worldwide. And whether you game for fun or competitively, our peripherals improve your experience."
  • "Gaming grew 8% off of our 73% growth last year. And with better supply and gaming wheels, the category would have grown double digits this quarter."

Stocks like $ATVI $MSFT $TTWO $EA $U $RBLX $SONY will likely be beneficiaries of continued gaming momentum this year.

Alberto Wallis's avatar
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