(Reuters) - Swiss-American gadget maker Logitech International SA on Thursday posted a 33 percent decline in quarterly profits, as demand for new music and video game add-ons was not enough to offset falling demand for its computer accessories.
The Lausanne-based company reported a non-GAAP operating profit for its fourth quarter ended March 31 of $14.5 million (9.64 million pounds), compared with $21.8 million for the three months ended in March of 2014.
The consensus forecast was non-GAAP operating profit was $8.22 million, according to a Reuters poll of five analysts.