LogMeIn (LOGM) Tops Q1 EPS by 3c; Issues Mixed Outlook
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LogMeIn Announces First Quarter 2018 Results
April 26, 2018 4:08 PM EDTBOSTON, April 26, 2018 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud-based connectivity, today announced its results for the first quarter ended March 31, 2018.
First quarter 2018 highlights include:
GAAP revenue was $279.2 million and non-GAAP revenue was $280.3 millionGAAP net income was $29.7 million or $0.56 per diluted share and non-GAAP net income was $64.9 million or $1.21 per diluted shareEBITDA was $113.6 million or 40.7% of GAAP revenue and Adjusted EBITDA was $102.1 million or 36.4% of non-GAAP revenueCash flow from operations was $154.0 million or 54.9% of non-GAAP revenue, and Adjusted cash flow from operations was... More