LogMeIn (LOGM) Reports Q1 EPS of $1.21

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Go back to LogMeIn (LOGM) Reports Q1 EPS of $1.21

LogMeIn Announces First Quarter 2020 Results

April 23, 2020 4:08 PM EDT

BOSTON, April 23, 2020 (GLOBE NEWSWIRE) -- LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud-based connectivity, today announced its results for the first quarter ended March 31, 2020.

First quarter 2020 financial highlights include:

Revenue was $322.4 million, up 5% compared with the first quarter of 2019GAAP net loss was $11.3 million or ($0.23) per share and non-GAAP net income was $59.2 million or $1.21 per diluted shareEBITDA was $55.1 million or 17.1% of revenue and Adjusted EBITDA was $96.1 million or 29.8% of revenueCash flow from operations was $88.0 million or 27.3% of revenue and adjusted free cash flow was $88.1... More