LogMeIn stock rally 10% on company's earnings beat, raised guidance [MarketWatch]
LOGMEIN (LOGM)
Last logmein earnings: 4/23 04:08 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.logmeininc.com/about-us/investors/overview/default.aspx
Company Research
Source: MarketWatch
LogMeIn stock rally 10% on company's earnings beat, raised guidance Shares of LogMeIn rose 10% in the extended session Thursday after the software and cloud-computing company reported third-quarter earnings that beat Wall Street expectations and raised its outlook for the year. LogMeIn said it earned $12.7 million, or 24 cents a share, in the quarter, compared with $10 million, or 19 cents a share, in the year-ago period. Adjusted for one-time items, the company earned $72.9 million, or $1.40 a share, compared with $62 million, or $1.16 a share, a year ago. Revenue rose to $310 million from $276 million a year ago. Analysts polled by FactSet had expected adjusted earnings of $1.34 on sales of $303 million. The company's communications and collaboration business had "renewal rates return to historical levels," Chief Executive Bill Wagner said in a statement. LogMeIn said it expects fourth-quarter GAAP revenue between $305 million and $306 million, and a fourth-quarter profit between $1
Show less
Read more
Impact Snapshot
Event Time:
LOGM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LOGM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LOGM alerts
High impacting LOGMEIN news events
Weekly update
A roundup of the hottest topics