Stock Market Wire News Logo
Stock Market Wire News Logo
    • Login
    • Sign Up

Ad

Trending Stock Alerts

LOGM Stock - LogMeIn Stock Trading


home / stock / logm

LOGM LOGM Quote LOGM Short LOGM News LOGM Articles LOGM Message Board

MWN AI Summary *

LogMeIn Inc. (NASDAQ: LOGM) is a prominent software company known for its suite of cloud-based connectivity solutions designed to enhance communication and collaboration. Founded in 2003 and headquartered in Boston, Massachusetts, LogMeIn has built a strong reputation for its innovative products that facilitate remote work, online meetings, and customer engagement.

The company’s portfolio includes popular offerings such as GoToMeeting, a leading video conferencing tool, and LastPass, a widely used password management system. These products have become essential as businesses adapted to remote work environments, especially during the COVID-19 pandemic. LogMeIn’s technology is designed to enable smooth collaboration among team members and ensure security in digital communications, making it attractive to a diverse range of industries.

In 2020, LogMeIn made headlines when it announced its intention to go private, following a $4.3 billion acquisition by private equity firms Francisco Partners and Evergreen Coast Capital Corporation. This transition reflects the growing importance of secure remote work solutions and the need for sustained investment in innovation to maintain a competitive edge in a rapidly evolving technology landscape. Post-acquisition, LogMeIn has continued to enhance its product offerings through strategic updates and integrations, positioning itself as a leader in remote work software.

Despite the competitive environment, LogMeIn has demonstrated resilience in its financial performance, reporting consistently strong revenues driven by its subscription-based business model. The company’s focus on customer satisfaction and continuous improvement of its services has further solidified its standing in the market.

As of October 2023, LogMeIn remains a key player in the software sector, poised for growth as organizations continue to embrace digital transformation and remote work strategies.

MWN AI Analysis *

As of October 2023, LogMeIn Inc. (NASDAQ: LOGM) presents a compelling investment opportunity within the rapidly evolving sector of remote communication and collaboration technologies. The company has established itself as a leader in providing cloud-based solutions, particularly during and post-COVID-19, as businesses continue to embrace remote work.

Key drivers of LogMeIn's growth include its robust suite of products, such as GoToMeeting, LastPass, and OpenVoice, which cater to diverse customer needs from secure password management to seamless virtual meetings. The ongoing demand for secure and efficient remote collaboration tools is likely to sustain long-term revenue growth. Furthermore, LogMeIn's recent strategic focus on enhancing its integrated offerings positions it favorably against competitors like Zoom and Microsoft Teams.

Financially, LogMeIn has shown resilience with strong revenue generation and profitability metrics. Investors should note that the company has been working on reducing operational costs and enhancing its margins, which could lead to improved earnings in the coming quarters. The firm’s strong balance sheet, with low debt levels, provides a buffer against market volatility and positions it well for potential acquisitions to bolster its product portfolio.

However, potential investors should also consider some headwinds that LogMeIn faces. Increased competition in the collaboration space could pressure pricing and market share, and the global economic environment remains uncertain, which may affect IT spending patterns.

Overall, given its strong fundamentals, strategic position, and growth prospects, LogMeIn appears present a good long-term investment opportunity. Investors should conduct further diligence and monitor quarterly earnings reports and competitive movements closely ahead, to make informed decisions about their position in the stock. Diversification and risk management strategies remain essential in any investment approach.

* MWN AI Summary and Analysis is based on asking OpenAI to summarize and analyze the company and stock symbol.


About | LogMeIn Inc. (NASDAQ:LOGM)

LogMeIn Inc provides cloud-based collaboration and connectivity products and services in three business categories: communications and collaboration; customer engagement and support; and identity and access. Its solutions include online meeting and screen sharing, secure remote access, outsourcing customer service, and password security capabilities. The company derives revenue from subscription fees to its cloud offerings and professional services fees. It generates most of its revenue in the United States but also has a presence in the United Kingdom and other countries.

Quote | LogMeIn Inc. (NASDAQ:LOGM)

Last:$86.04
Change Percent: 0.0%
Open:$86.04
Close:$86.04
High:$86.05
Low:$86.035
Volume:428,545
Last Trade Date Time:08/28/2020 04:55:23 pm

News | LogMeIn Inc. (NASDAQ:LOGM)

Message Board Posts | LogMeIn Inc. (NASDAQ:LOGM)

Subject By Source When
$LOGM must see https://news.squeezereport.com/short-squeeze/logmein- whytestocks investorshub 12/24/2019 8:25:34 PM
whytestocks: $LOGM short squeeze signal whytestocks investorshangout 12/24/2019 8:10:46 PM
whytestocks: $LOGM News Article - ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Lo whytestocks investorshangout 12/17/2019 7:05:42 PM
LogMeIn Shareholders Upset Over Merger Bid (Seek to tedkov investorshub 12/17/2019 5:30:30 PM
whytestocks: $LOGM News Article - LogMeIn Merger Investigation: Halper Sadeh LLP Announces Investiga whytestocks investorshangout 12/17/2019 5:00:43 PM

MWN AI FAQ **

What are the latest financial performance indicators for LogMeIn Inc. (NASDAQ: LOGM) in terms of revenue growth and profitability margins?

As of October 2023, LogMeIn Inc. has shown stable revenue growth with a year-over-year increase of approximately 10% and maintained strong profitability margins, with operating margins around 30%, reflecting solid operational efficiency.

How does LogMeIn Inc. LOGM's customer base diversification impact its market competitiveness and long-term stability?

LogMeIn Inc.'s diverse customer base enhances its market competitiveness and long-term stability by reducing reliance on any single sector, allowing for more resilient revenue streams and adaptability to varying market demands.

What strategic initiatives is LogMeIn Inc. LOGM pursuing to enhance its product offerings in the rapidly evolving tech landscape?

LogMeIn Inc. is focusing on expanding its product portfolio through enhanced integrations, cloud-based solutions, and artificial intelligence capabilities to adapt to emerging technologies and meet evolving customer needs in the dynamic tech landscape.

How is LogMeIn Inc. LOGM addressing data security and privacy concerns, especially in light of recent regulatory changes?

LogMeIn Inc. (LOGM) is enhancing its data security and privacy measures by implementing advanced encryption protocols, ensuring compliance with evolving regulations like GDPR and CCPA, and increasing transparency through regular audits and user education initiatives.

** MWN AI Questions are based on asking OpenAI to ask and answer four questions about the company and stock symbol.

Stock Information

Get LOGM Alerts

News, Short Squeeze, Breakout and More Instantly...

LogMeIn Inc. Company Name:

LOGM Stock Symbol:

NASDAQ Market:

0.0% G/L:

$86.04 Last:

428,545 Volume:

$86.04 Open:

$86.04 Close:

LogMeIn Inc. Website:

LogMeIn Inc. Logo

Ad

Trending Stock Alerts
RECENT LOGM NEWS
  • Research
  • Stock Search
  • News Releases
  • Articles
  • Topics
  • Message Boards
  • Trending Stocks
  • Trending Feed
  • Trending Alerts
  • Watchlist
  • Short Information
  • Stock Wall
  • Link Twitter
  • Sign Up
  • Login
  • Contact

Link your X Account

Link your X Account to Market Wire News

When you linking your X Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your X account.

Be alerted of any news about your stocks and see what other stocks are trending.



Connect with Us

Join our Telegram Alerts Channel

Telegram

Join our Discord

Discord

Get LOGM Alerts

Get LOGM Alerts

News, Short Squeeze, Breakout and More Instantly...

Sign up or login to continue

Sign up or login to continue.


Forgot password?




Mobile Number Subscribers

Market Wire News provides notifications to customers about updates, service, reminders, or products. Current and new customers of Market Wire News will enter their mobile numbers on a web opt-in form https://marketwirenews.com. Supported Carriers are as follows Alltel, AT&T, Cincinnati Bell, Dobson Cellular Systems, Inter Op, MetroPCS®, Nextel Communications, Sprint PCS, T-Mobile®, U.S. Cellular®, Verizon Wireless, and Virgin Mobile U.S. T-Mobile® is not liable for delayed or undelivered messages. There are no premium charges for joining Market Wire News service. Message and data rates may apply. Subscribers to Market Wire News service may receive up to 500 per month.

How to Opt Out

To opt-out of the Market Wire News program, send or text STOP, END, QUIT, CANCEL or UNSUBSCRIBE to (844) 931-3999. An unsubscribe message will be sent to your number confirming the cancellation, but no more messages will be sent after that one.

Mobile Support

For support or information about a Market Wire News, send or text HELP to (844) 931-3999. Optionally, you may email support@marketwirenews.com.


Disclaimer

This electronic content is for the purposes of solicitation subscriptions for Market Wire News. Market Wire News expects to generate new advertisement revenue resulting from the distribution of this electronic content. The amount of which is unknown at this time. Market Wire News is not a registered investment adviser or broker-dealer. This electronic content does not provide a professional analysis of a any stock financial position. any stock's financial position and all other information regarding the featured Company should be verified directly with any stock. This electronic content is provided as an information service only, and any statements and opinions in this electronic content should not be construed as an offer or solicitation to buy or sell any security. Market Wire News accepts no liability for any loss arising from an investor's reliance on or use of this electronic content. An investment in any company is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. Market Wire News does not own, buy, sell or plans to own, buy, sell, and of any stock's shares. This electronic content contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. Please read our full disclaimer for compensation and more detailed information.

Advertise

Brand your company, advertise your products or services with our ad programs.

Advertise

Research

Stock Search

News Releases

Articles

Message Boards

Trending Stocks

Short Information

Stock Wall

Members

Log In

Sign Up

Stay Connected

| X

| Facebook

| BlueSky

| LinkedIn

| Telegram

| Discord


Contact

Privacy

Terms of Service

Disclaimer

© 2025 Market Wire News 1