LogMeIn (LOGM) Tops Q1 EPS by 3c, Offers Guidance

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LogMeIn Announces First Quarter 2019 Results

April 25, 2019 4:09 PM EDT

BOSTON, April 25, 2019 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud-based connectivity, today announced its results for the first quarter ended March 31, 2019.

First quarter financial highlights include:

GAAP revenue was $307.7 million and non-GAAP revenue was $308.1 millionGAAP net loss was $9.0 million or ($0.18) per share and non-GAAP net income was $59.9 million or $1.17 per diluted shareEBITDA was $68.7 million or 22.3% of GAAP revenue and Adjusted EBITDA was $96.8 million or 31.4% of non-GAAP revenueCash flow from operations was $119.7 million or 38.8% of non-GAAP revenue, and adjusted free cash flow was $102.7... More