LogMeIn (LOGM) Tops Q3 EPS by 6c

Go back to LogMeIn (LOGM) Tops Q3 EPS by 6c

LogMeIn Announces Third Quarter 2018 Results

October 25, 2018 4:08 PM EDT

Renewal Rates Rebound; Raises Full Year Outlook

BOSTON, Oct. 25, 2018 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud-based connectivity, today announced its results for the third quarter ended September 30, 2018.

Third quarter 2018 highlights include:

GAAP revenue was $308.9 million and non-GAAP revenue was $309.6 millionGAAP net income was $12.7 million or $0.24 per diluted share and non-GAAP net income was $72.9 million or $1.40 per diluted shareEBITDA was $93.9 million or 30.4% of GAAP revenue and Adjusted EBITDA was $115.2 million or 37.2% of non-GAAP revenueCash flow from operations was... More