LogMeIn, Inc. provides a portfolio of cloud-based communication and collaboration, identity and access, and customer engagement and support solutions. It enables people to connect with each other worldwide to drive meaningful interactions, deepen relationships, and create better outcomes for individuals and businesses. The company offers GoToMeeting, a product for online meetings, sales demonstrations, and collaborative gatherings; GoToTraining, an online training product for interactive training sessions; GoToConference, a video and audio conferencing solution; GoToWebinar, a do-it-yourself Webinar product for organizations; join.me, join.me pro, and join.me business, which are online meeting and screen sharing services; OpenVoice, a reservation-less audio conferencing service; and Grasshopper, a provider of telephony solutions. It also provides Bold360 and BoldChat that are live chat and omni-channel engagement services; Bold360 ai, an automated customer service; GoToAssist, GoToAssist Corporate, and GoToAssist Seeit, which offer cloud-based remote support solutions to remotely troubleshoot and fix computers, mobile devices, and apps; LogMeIn Rescue, a remote support and customer care service; and LogMeIn Rescue+Mobile and Rescue Lens that are Web-based remote support services. In addition, the company offers LogMeIn Central, a Web-based management console; GoToMyPC that enables mobile workstyles; LogMeIn Pro, a remote access service; LastPass, a password management and single sign on solution; and Jive, a cloud-based unified communications platform. It serves enterprise customers, small and medium businesses, IT service providers, mobile carriers, customer service centers, OEMs, and consumers. The company was formerly known as 3am Labs, Inc. and changed its name to LogMeIn, Inc. in March 2006. LogMeIn, Inc. was founded in 2003 and is headquartered in Boston, Massachusetts with additional locations in North America, Europe, Asia, and Australia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:LOGM
Previous Symbol
CUSIP54142L10
Phone781-638-9050
Debt
Debt-to-Equity Ratio0.07
Current Ratio0.62
Quick Ratio0.62
Price-To-Earnings
Trailing P/E Ratio25.07
Forward P/E Ratio19.17
P/E Growth1.11
Sales & Book Value
Annual Sales$989.79 million
Price / Sales4.34
Cash Flow$7.4056 per share
Price / Cash11.34
Book Value$60.10 per share
Price / Book1.40
Profitability
EPS (Most Recent Fiscal Year)$3.35
Net Income$99.52 million
Net Margins12.16%
Return on Equity7.19%
Return on Assets5.64%
Miscellaneous
Employees2,760
Outstanding Shares51,160,000
Market Cap$4.35 billion
OptionableOptionable
