LogMeIn (LOGM) has reported its financial results for Q3 2019, with stable revenue growth and earnings, but signaling that the numbers may worsen in the next quarters.
The company experienced another weak quarter, with revenue growth up slightly from the previous quarter, but deferred revenue and calculated billings indicate that such a growth is of low quality, and that it may fall further (even to a negative rate) in the next quarters.
But LOGM is trying hard to turnaround this situation by actively responding to higher churn rates and competitive threats, improving its