LogMeIn (LOGM) Tops Q1 EPS by 11c; Guides Above

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LogMeIn Announces First Quarter 2017 Results

May 4, 2017 4:08 PM EDT

BOSTON, May 04, 2017 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud-based connectivity, today announced its results for the first quarter ended March 31, 2017.

First quarter 2017 highlights include:

GAAP revenue was $187.5 million and non-GAAP revenue was $201.1 million  Net loss was $18.6 million, or $0.43 per diluted share, and non-GAAP net income was $38.1 million, or $0.85 per diluted shareEBITDA was $6.1 million and EBITDA margin was 3.3%, Adjusted EBITDA was $66.0 million and Adjusted EBITDA margin was 32.8%Cash Flow from Operations was $105.9 million, or 53% of non-GAAP revenue and Adjusted Cash Flow from... More