LogMeIn (LOGM) Tops Q3 EPS by 3c; Issues Solid Outlook
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Needham & Company Reiterates Strong Buy on LogMeIn (LOGM) Following 2c EPS Beat
October 23, 2015 6:48 AM EDTNeedham & Company reiterated a Strong Buy rating and $84.00 price target on LogMeIn (NASDAQ: LOGM) following the company's 3Q15 earnings results. LOGM's $69.6m in revenue and $0.46 EPS were both above consensus of $69.1m and $0.44. Management raised the CY15 guidance to $269.5-270.1m in revenue and $1.60-1.61 EPS, up from... More
