LogMeIn (LOGM) Tops Q4 EPS by 3c; Guides Q1 In-Line

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LogMeIn Announces Fourth Quarter and Fiscal Year 2017 Results

February 15, 2018 4:08 PM EST

BOSTON, Feb. 15, 2018 (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, 2017.

 

Fourth quarter 2017 highlights include:

 

GAAP revenue was $276.0 million and non-GAAP revenue was $279.9 millionGAAP net income was $93.3 million or $1.74 per diluted share and non-GAAP net income was $64.5 million or $1.20 per diluted shareEBITDA was $77.5 million or 28.1% of GAAP revenue and Adjusted EBITDA was $108.8 million or 38.9% of Non-GAAP revenueCash Flow from Operations was $32.9 million or 11.8% of non-GAAP revenue, and... More