LogMeIn Announces Second Quarter 2016 Results

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JPMorgan Upgrades LogMeIn (LOGM) to Overweight

July 27, 2016 7:28 AM EDT

JPMorgan upgraded LogMeIn (NASDAQ: LOGM) from Neutral to Overweight with a price target of $96.00.

For an analyst ratings summary and ratings history on LogMeIn click here. For more ratings news on LogMeIn click here.

Shares of LogMeIn closed at $69.71 yesterday.

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LogMeIn (LOGM) Tops Q2 EPS by 4854c

July 26, 2016 4:08 PM EDT

LogMeIn (NASDAQ: LOGM) reported Q2 EPS of $49.00, $48.54 better than the analyst estimate of $0.46. Revenue for the quarter came in at $83.3 million versus the consensus estimate of $81.8 million.

GUIDANCE:

LogMeIn sees FY2016 EPS of $0.52-$0.53, versus the consensus of $0.51. LogMeIn sees... More