LogMeIn (LOGM) Tops Q4 EPS by 4c

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LogMeIn Announces Fourth Quarter and Fiscal Year 2015 Results

February 11, 2016 4:08 PM EST

Full Year Revenue Growth of 22%; Full Year Operating Cash Flow 32% of Revenue

BOSTON, Feb. 11, 2016 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud-based connectivity, today announced its results for the fourth quarter and fiscal year ended December 31, 2015.

Fourth quarter 2015 highlights include:

Revenue was $76.1 million, up 27% compared with the fourth quarter of 2014Adjusted EBITDA was $20.9 million and adjusted EBITDA margin was 27.5% versus $14.9 million and 24.9% in the fourth quarter of 2014Non-GAAP net income was $13.2 million, or $0.51 per diluted share, as compared... More