LogMeIn (LOGM) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 & FY19 EPS Guidance Below Consensus
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LogMeIn Announces Fourth Quarter and Fiscal Year 2018 Results
February 14, 2019 4:08 PM ESTBOSTON, Feb. 14, 2019 (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, 2018.
Fourth quarter 2018 highlights include:
GAAP revenue was $310.2 million and non-GAAP revenue was $310.7 millionGAAP net income was $25.4 million or $0.49 per diluted share and non-GAAP net income was $75.5 million or $1.47 per diluted shareEBITDA was $97.4 million or 31.4% of GAAP revenue and Adjusted EBITDA was $118.7 million or 38.2% of non-GAAP revenueCash flow from operations was $73.2 million or 23.5% of non-GAAP revenue, and Adjusted cash flow... More