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Stock impact report

Why LogMeIn Stock Just Popped 10.5% [The Motley Fool]

LOGMEIN (LOGM) 
Last logmein earnings: 4/23 04:08 pm Check Earnings Report
Company Research Source: The Motley Fool
Earnings beat and guidance is just dandy. Rich Smith ( TMFDitty ) Oct 26, 2018 at 3:07PM What happened Computer collaboration company LogMeIn ( NASDAQ:LOGM ) , owner of such popular services as LastPass, GotoMeeting, and of course LogMeIn, is looking even more popular after reporting earnings last night. As of 2:35 p.m. EDT, LogMeIn stock is up 10.5% -- and for good reason . The company just reported $1.40 per share in pro forma earnings; Wall Street had expected earnings of just $1.34. LogMeIn's $309.6 million in third-quarter sales likewise trumped analysts' estimated $302.9 million. Hey! Did you know LogMeIn owns LastPass now? And that it just beat earnings? Image source: Getty Images. So what Not all the news was great. When calculated according to generally accepted accounting principles ( GAAP ), LogMeIn actually earned only $0. Show less Read more
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