LogMeIn (LOGM) Tops Q4 EPS by 4c

LogMeIn (NASDAQ: LOGM) reported Q4 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $88 million versus the consensus estimate of $87.21 million.

Fourth quarter 2016 highlights include:

• Revenue was $88.0 million, up 16% compared to the fourth quarter of 2015
• EBITDA was $7.4 million and EBITDA margin was 8.4% compared to $11.1 million and 14.6% in the fourth quarter of 2015
• Adjusted EBITDA was $26.7 million and adjusted EBITDA margin was 30.4% compared to $20.9 million and 27.5% in the fourth quarter of 2015
• Net income was $1.9 million, or $0.07 per diluted share, as compared to $6.2 million, or $0.24 per diluted share, in the fourth quarter of 2015
• Non-GAAP net income was $16.4 million, or $0.62 per diluted share, as compared to $13.2 million, or $0.51 per diluted share, in the fourth quarter of 2015
• Cash Flow from Operations was $8.2 million, or 9% of revenue
• Adjusted Cash Flow from Operations was $18.1 million, or 21% of revenue
• Total deferred revenue was $162.3 million, up 18% from $137.0 million in the fourth quarter of 2015
• The Company closed the quarter with cash, cash equivalents and short-term investments of $196.5 million

Fiscal year 2016 highlights include:

• Revenue was $336.1 million, up 24% compared to fiscal year 2015
• EBITDA was $25.9 million and EBITDA margin was 7.7% compared to $29.7 million and 11.0% in fiscal year 2015
• Adjusted EBITDA was $89.5 million and adjusted EBITDA margin was 26.6% compared to $67.6 million and 24.9% in fiscal year 2015
• Net income was $2.6 million, or $0.10 per diluted share, as compared to $14.6 million, or $0.56 per diluted share, for fiscal year 2015
• Non-GAAP net income was $53.0 million, or $2.03 per diluted share, as compared to $42.7 million, or $1.66 per diluted share, in fiscal year 2015
• Cash Flow from Operations was $92.3 million, or 27% of revenue
• Adjusted Cash Flow from Operations was $110.1 million, or 33% of revenue

For earnings history and earnings-related data on LogMeIn (LOGM) click here.

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