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LogMeIn Inc (LOGM.OQ)

LOGM.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Logmein announces Q4 and FY 2016 results
Tuesday, 28 Feb 2017 04:08pm EST 

Logmein Inc - : Logmein announces fourth quarter and fiscal year 2016 results . Q4 non-gaap earnings per share $0.62 . Q4 earnings per share $0.07 . Sees q1 revenue $183 million to $185 million . Sees fy 2017 revenue $968 million to $978 million . Q4 revenue $88 million versus i/b/e/s view $87.2 million . Q4 earnings per share view $0.58 -- Thomson Reuters I/B/E/S . Company expects q1 2017 non-gaap revenue to be in range of $196 million to $198 million . Sees q1 2017 non-gaap earnings per share $0.72 to $0.76 . Sees q1 2017 adjusted earnings per share $0.72 to $0.76 . Sees q1 2017 gaap loss per share $0.48 to $0.54 . Company expects full year 2017 non-gaap revenue to be in range of $1.00 billion to $1.01 billion . Q1 earnings per share view $0.59, revenue view $209.3 million -- Thomson Reuters I/B/E/S . Sees fy 2017 adjusted earnings per share $3.64 to $3.82 .Sees fy 2017 earnings per share between loss of $0.10 to gain of $0.06.  Full Article

Logmein Q3 non-gaap earnings per share $0.56
Thursday, 27 Oct 2016 04:08pm EDT 

Logmein Inc : Logmein announces third quarter 2016 results . Q3 non-gaap earnings per share $0.56 . Q3 gaap loss per share $0.03 . Q3 revenue $85.1 million versus i/b/e/s view $84.3 million . Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S . Sees q4 revenue $87 million to $87.5 million . Sees fy 2016 revenue $335 million to $335.5 million . Sees fy 2016 non-gaap earnings per share $1.98 to $1.99 .Logmein inc - expects to report gaap net income in range of $1.0 million to $1.3 million, or $0.04 to $0.05 per share for fy.  Full Article

Logmein receives U.S. FTC clearance for proposed merger with Citrix’s GoTo business
Monday, 26 Sep 2016 08:00am EDT 

Logmein Inc : Logmein receives U.S. Federal Trade Commission clearance for proposed merger with Citrix’s GoTo business .Transaction is expected to close in Q1 2017.  Full Article

LogMeIn says if deal terminated, co to pay Citrix termination fee of $62 mln
Tuesday, 26 Jul 2016 04:34pm EDT 

LogMeIn Inc : Deal provides that co will reimburse Citrix's, GetGo's expenses up to $10 million if merger agreement is terminated by either party .If merger agreement is terminated by Citrix, company is obligated to pay Citrix a fee equal to $62 million.  Full Article

LogMein announces Q2 GAAP earnings per share of $0.10
Tuesday, 26 Jul 2016 04:05pm EDT 

LogMein Inc : FY 2016 earnings per share view $1.88, revenue view $331.4 million -- Thomson Reuters I/B/E/S . LogMein announces second quarter 2016 results . Q2 Non-GAAP earnings per share $0.49 . Q2 GAAP earnings per share $0.10 . Q2 revenue $83.3 million versus I/B/E/S view $81.8 million . Q2 earnings per share view $0.46 -- Thomson Reuters I/B/E/S . Sees Q3 2016 non-gaap earnings per share $0.52 to $0.53 . Sees FY 2016 non-gaap earnings per share $1.91 to $1.97 . Sees Q3 revenue $84.2 million to $84.7 million . Sees FY 2016 revenue $333 million to $335 million .Q3 earnings per share view $0.51, revenue view $83.1 million -- Thomson Reuters I/B/E/S.  Full Article

LogMeIn announces merger with Citrix's GoTo family of products
Tuesday, 26 Jul 2016 04:00pm EDT 

Logmein Inc : LogMeIn announces merger with Citrix's GoTo family of products to create billion dollar industry leader . Deal for $1.8 billion . Run rate cost synergies of $65 million expected in year one and more than $100 million expected in year two . Bill Wagner, LogMeIn president and CEO, to lead combined company . Citrix and LogMeIn shareholders to each own approximately 50% of combined company . LogMeIn plans to issue $1.50 per share in dividends to its shareholders prior to closing . LogMeIn's Bill Wagner will continue in his role as president and CEO . LogMeIn's Ed Herdiech will serve as chief financial officer . Certain members of GoTo management team are expected to join combined company as well . Combined company is expected to achieve run rate cost synergies of more than $100 million within two years post-close . Board will form an operating committee upon close of transaction, which will consist of two LogMeIn directors and two Citrix directors . Combined company will be headquartered in Boston . Combination to result in Citrix equity holders receiving approximately 27.6 million LogMeIn shares on a fully diluted basis . Under RMT structure, transaction is expected to be tax-free to Citrix and its shareholders for U.S. federal income tax purposes . Expects combined company to have pro forma revenue of more than $1 billion.  Full Article

LogMeIn Inc gives Q4 2015 guidance above analysts' estimates; raises FY 2015 guidance
Thursday, 22 Oct 2015 04:08pm EDT 

LogMeIn Inc:Sees Q4 2015 revenue to be in the range of $74.1 million to $74.6 million.Sees Q4 2015 adjusted EBITDA to be in the range of $20.0 million to $20.4 million.Sees Q4 2015 Non-GAAP net income to be in the range of $12.0 million to $12.3 million, or $0.46 to $0.47 per diluted share.Sees FY 2015 revenue to be in the range of $269.6 million to $270.1 million.Sees FY 2015 adjusted EBITDA to be in the range of $66.6 million to $67.0 million.Sees FY 2015 non-GAAP net income to be in the range of $41.1 million to $41.4 million, or $1.60 to $1.61 per diluted share.Q4 2015 revenue of $72.5 million, EBITDA of $18.4 million and EPS of $0.43 - Thomson Reuters I/B/E/S.FY 2015 revenue of $267.3 million, EBITDA of $64 million and EPS of $1.54 - Thomson Reuters I/B/E/S.  Full Article

LogMeIn to acquire password management leader lastpass
Friday, 9 Oct 2015 08:00am EDT 

LogMeIn:To acquire password management leader lastpass.Deal for $110 million.Deal includes up to an additional $15 million in cash payable in contingent payments.Contingent payment to be paid to equity holders of lastpass upon achievement of certain milestone over two-year period after closing of deal.  Full Article

LogMeIn Announces change of CEO
Wednesday, 2 Sep 2015 04:15pm EDT 

LogMeIn:Says its Board of Directors has approved a succession and transition plan for the company's chief executive officer (CEO) position.Effective at the end of 2015, Michael K. Simon, the company's co-founder and CEO for the past 12 years, will step down as CEO.He will be succeeded as CEO by William "Bill" R. Wagner, currently the company's president and chief operating officer.Simon will remain as the company's chairman of the board and will also serve in an advisory role to Wagner.  Full Article

LogMeIn Inc reaffirms Q3, FY 2015 outlook
Wednesday, 2 Sep 2015 04:15pm EDT 

LogMeIn Inc:Reaffirmed its Q3 2015 and FY 2015 outlook, which was last updated on July 23.Expects to achieve Q3 2015 revenues of $68.8 million to $69.3 million and FY 2015 revenues of $265.0 million to $266.5 million.Expects Q3 2015 non-GAAP net income to be in the range of $0.43 to $0.44 per diluted share, and non-GAAP net income for FY 2015 is expected to be in the range of $1.51 to $1.57 per diluted share.  Full Article

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BRIEF-SessionM says LogMeIn Chairman Michael Simon joins co's Board of Directors

* LogMeIn Chairman Michael Simon joins SessionM Board of Directors Source text for Eikon: Further company coverage: