Needham & Company Raises LogMeIn (LOGM) to $84 Following 2Q Beat
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July 23, 2015 4:08 PM EDT
BOSTON, July 23, 2015 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud based connectivity, today announced its results for the second quarter ended June 30, 2015.
Second quarter 2015 highlights include:
Revenue was $64.8 million, up 18% compared with the second quarter of 2014
Adjusted EBITDA was $14.6 million and adjusted EBITDA margin was 22.6%, versus $11.5 million and 20.8% in the second quarter of 2014
Non-GAAP net income was $9.1 million, or $0.35 per diluted share, as compared to $7.3 million, or $0.29 per diluted share, in the second quarter of 2014
GAAP net income was $2.4 million, or...
More
July 23, 2015 4:08 PM EDT
BOSTON, July 23, 2015 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud based connectivity, today announced its results for the second quarter ended June 30, 2015.
Second quarter 2015 highlights include:
Revenue was $64.8 million, up 18% compared with the second quarter of 2014
Adjusted EBITDA was $14.6 million and adjusted EBITDA margin was 22.6%, versus $11.5 million and 20.8% in the second quarter of 2014
Non-GAAP net income was $9.1 million, or $0.35 per diluted share, as compared to $7.3 million, or $0.29 per diluted share, in the second quarter of 2014
GAAP net income was $2.4 million, or...
More
