Seeking Alpha

LogMeIn (LOGM -28.7%) goes into freefall following its Q4 report. Though results beat estimates,...

LogMeIn (LOGM -28.7%) goes into freefall following its Q4 report. Though results beat estimates, the provider of mobile apps/services for remote PC access guided for Q1 revenue of $36M-$36.5M and EPS of $0.09-$0.10, below a consensus of $38.2M and $0.18. Also, 2013 guidance is for revenue of $154M-$157M and EPS of $0.43-$0.49, below a consensus of $164.1M and $0.81. LogMeIn, which faces plenty of competition, has authorized a $25M buyback, currently good for repurchasing 6% of shares. (PR) (transcript)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|