Motley Fool  Oct 3  Comment 
Is the remote-access software maker a buy?
Benzinga  Oct 3  Comment 
  Barclays raised the price target for LogMeIn Inc (NASDAQ: LOGM) from $82 to $105. LogMeIn shares closed at $90.39 on Friday. Deutsche Bank boosted Pan American Silver Corp. (USA) (NASDAQ: PAAS) price target from $14.50 to $20. Pan...
newratings.com  Sep 26  Comment 
FORT LAUDERDALE (dpa-AFX) - LogMeIn Inc. (LOGM) announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act (HSR Act) for its proposed merger with Citrix Systems Inc.'s (CTXS) GetGo subsidiary,...
Motley Fool  Aug 7  Comment 
The company reached a deal to buy its biggest rival.
Benzinga  Jul 28  Comment 
Shares of LogMeIn Inc (NASDAQ: LOGM), a provider of cloud-based service offerings that allow businesses and individuals to connect to their workplace, surged higher by nearly 20 percent on Wednesday after the company announced a merger agreement...
Motley Fool  Jul 27  Comment 
The office tech specialist surged on a strong earnings report and news of a merger with a Citrix unit.
Forbes  Jul 27  Comment 
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in LogMeIn Inc (NASD: LOGM), where a total of 1,803 contracts have traded so far, representing approximately 180,300 underlying shares. That...
Benzinga  Jul 27  Comment 
  LogMeIn Inc (NASDAQ: LOGM) surged 20.5 percent to $84.01. The volume of LogMeIn shares traded was 2073 percent higher than normal. LogMeIn confirmed a deal to merge with Citrix Systems, Inc. (NASDAQ: CTXS)'s GoTo business. LogMeIn also...
Benzinga  Jul 27  Comment 
  Nasdaq Inc (NASDAQ: NDAQ) shares rose 1.6 percent to touch a new 52-week high of $69.61 as the company reported better-than-expected Q2 results. Cirrus Logic, Inc. (NASDAQ: CRUS) shares gained 4.09 percent to reach a new 52-week...


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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