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

This content is available to premium subscribers only.
To see your content access options, please Sign In or Sign Up