LogMeIn Announces First Quarter 2020 Results
LOGMEIN (LOGM)
Last logmein earnings: 4/23 04:08 pm
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US:NASDAQ Investor Relations:
investor.logmeininc.com/about-us/investors/overview/default.aspx
Company Research
Source: GlobeNewswire
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 million or 27.3% of revenueTotal deferred revenue was $451.3 million, up $43.1 million from the fourth quarter of 2019 Confirming status of definitive merger agreement In December 2019, LogMeIn announced that it had reached a definitive agreement to be acquired by affiliates of Francisco Partners and Evergreen Coast Capital Corp., the private equity a
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