BOSTON (AP) _ LogMein Inc. (LOGM) on Wednesday reported second-quarter net income of $19 million, after reporting a loss in the same period a year earlier.
The Boston-based company said it had net income of 39 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.54 per share.
The remote computer access company posted revenue of $350.7 million in the period.
LogMein shares have dropped slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $85.55, a climb of 11% in the last 12 months.