LogMeIn Inc. (LOGM) reported fourth quarter non-GAAP net income of $0.24 per share after the close Thursday, up from $0.19 per share a year ago. The consensus estimate was for EPS of $0.18. The Company also announced that its Board of Directors approved a $25 million share repurchase program.
The Company expects to report first quarter non-GAAP EPS of $0.09 to $0.10 and between $0.43 and $0.49 for the full year 2013. The consensus estimates are for EPS of $0.18 and $0.81.
LogMeIn gapped open sharply lower Friday and drifted lower during the first hour of trade. The stock finished with a loss of 7.01 at $16.65 on the highest volume of the year. LogMeIn plunged to a new low for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.