You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Mass. Movers

LogMeIn posts gain in fourth quarter

LogMeIn’s board approved a share buyback program.

LogMeIn’s board approved a share buyback program.

Continue reading below

LogMeIn Inc. reported fourth-quarter income of $2.2 million, or 9 cents per share, vs. $2 million, or 8 cents, a year earlier. The Woburn company, which provides cloud-based computer services, said full-year net income was $3.6 million, or 14 cents per share, compared with $5.8 million, or 23 cents, in fiscal 2011. It expects non-GAAP net income of $2.2 million to $2.6 million, or 9 to 10 cents per share, in the first quarter. Its board approved a $25 million share repurchase program.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of