LogMeIn Announces Fourth Quarter and Fiscal Year 2014 Results
Accelerated Revenue Growth; $74.2 million in operating cash flow; Initiates Guidance for 2015London, UK - 16 February , 2015 – LogMeIn, Inc. (NASDAQ: LOGM), a leading provider of cloud based connectivity, today announced its results for the fourth quarter and fiscal year ended December 31, 2014. Fourth quarter 2014 highlights include: · Revenue was $59.9 million, up 33% compared with the fourth quarter of 2013 · Adjusted EBITDA was $14.9 million and Adjusted EBITDA margin was 24.9% versus $10.4 million and 22.9% in the fourth quarter of 2013 · Non-GAAP net income was $9.0
