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February 15, 2013 at 12:37 PM EST
LogMeIn's Forecast Disappoints
LogMeIn Inc. (Nasdaq: LOGM) reported higher fourth quarter revenue and earnings of 9 cents per diluted share compared with 8 cents per diluted share in the year ago period but the company forecast current quarter results well below analyst expectations. The stock price plummeted $6.73 to $16.93.
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