Motley Fool  Feb 17  Comment 
The search giant continues to expand its Internet of Thing offerings.
TechCrunch  Feb 15  Comment 
 Google announced today that it intends to buy Xively from LogMeIn, giving Google Cloud an established IoT platform to add to their product portfolio. Terms of the deal were not disclosed. Google indicated it wants to use this purchase as a...
MarketWatch  Feb 15  Comment 
LogMeIn Inc. shares fell more than 5% in the extended session Thursday after the company missed revenue expectations and issued weaker-than-expected first-quarter guidance. The company reported fourth-quarter net income of $93.3 million, or $1.74...
Benzinga  Feb 15  Comment 
Don't be caught off-guard: LogMeIn (NASDAQ: LOGM) releases its next round of earnings Thursday. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for Thursday's Q4 earnings...
TechCrunch  Feb 8  Comment 
 Yet more consolidation in the enterprise collaboration software market. Today LogMeIn, the company that offers conferencing services like GoToMeeting and join.me as well as authentication and other online services to businesses and others,...


LogMeIn creates and sells remote connectivity software that allows users to access their desktop remotely from other computers and mobile devices.

Business Overview

Business & Financial Metrics[1]

In 2009, LOGM generated a net income of $7.5 million on $74.4 million in total revenues. This represents the company's first profitable year since its inception and a real turnaround from 2008, when the company incurred a net loss of $7.8 million on revenues of $51.7 million.

Business Segments[2]

LOGM has one reportable operating segment which develops and markets mobile computing applications.

Key Trends & Forces

Cloud Computing

LOGM's profitability is based on the demand for remote desktop accessibility by individuals and businesses. The trend towards a worldwide cloud computing model means that this demand is increasing. With that increased demand, however, comes an increase in both direct and indirect competitors. For example, Google's offerings like Google Docs eliminates the need for users to access files saved on their computers by saving files online and making them accessible with nothing more than a web browser and an internet connection - Google Doc users might not find the need to access their desktops remotely because the files they need are stored on Google's servers.


LOGM's direct competitors, like Citrix Systems's GoToMyPC, offer software that provides similar functionality to LogMeIn. Indirect competitors offer products that may undermine LOGM's software and eliminate the need for remote desktop access altogether - companies like Google that promote cloud computing threaten demand for LOGM's products.


  1. LOGM 2009 10-K pg. 29  
  2. LOGM 2009 10-K pg. 11  
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