I know we have discussed LOGM, but can’t recall whether folks here bought into Log Me In but they announced a beat on every single count - both for Q2 and Q3 + full year guidance…
4:25 pm LogMeIn beats by $0.02, beats on revs; guides Q3 EPS above consensus, revs above consensus; guides FY15 EPS above consensus, revs above consensus (LOGM) : Reports Q2 (Jun) earnings of $0.35 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus Estimate of $0.33; revenues rose 17.9% year/year to $64.8 mln vs the $64.01 mln consensus. Total deferred revenue was $136.0 million, up 26% year-over-year Co issues upside guidance for Q3, sees EPS of $0.43-0.44, excluding non-recurring items, vs. $0.36 Capital IQ Consensus Estimate; sees Q3 revs of $68.8-69.3 mln vs. $67.76 mln Capital IQ Consensus Estimate. Co issues upside guidance for FY15, sees EPS of $1.51-1.57, excluding non-recurring items, vs. $1.40 Capital IQ Consensus Estimate; sees FY15 revs of $265-266.5 mln vs. $263.81 mln Capital IQ Consensus Estimate.
Strong revenue and earnings growth (18% and 30% respectively). Shares are up 9% in after hours at an all time high.