From Wall Street – LogMeIn – CY2019-Q1

Current Highlights

The highlights for CY2019-Q1 include:

  • Total revenues of $307.7 million, up 10% YoY
  • GAAP operating income was a loss of $7.2 million vs. a profit of $42.3 one year earlier
  • Launched the new “GoTo” brand, a Unified Communications and Collaboration product portfolio
  • Announced GoToConnect, an all-in-one audio, video and screensharing application integrated with cloud-based telephony
  • Announced GoToRoom, a software-based meeting room solution leveraging 3rd-party AV peripherals from Poly (and likely others in the future)
  • Completed two strategic acquisitions to accelerate product roadmap for artificial intelligence and identity initiatives

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