LogMeIn: Ready To Take The High Road [Seeking Alpha]
LOGMEIN (LOGM)
Last logmein earnings: 4/23 04:08 pm
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US:NASDAQ Investor Relations:
investor.logmeininc.com/about-us/investors/overview/default.aspx
Company Research
Source: Seeking Alpha
Summary Investment thesis Shares of fast-growing SaaS company LogMeIn ( LOGM ) have recently corrected from their all-time highs which presents an unparalleled ‘buying the dip’ opportunity. With a 10X expansion target and intriguing company values, LogMeIn is ready to take the high road. Corporate profile LogMeIn is a fast-growing company operating conferencing SaaS targeting primarily the millennial workforce. Last year, the Boston-based company became a constituent of the S&P MidCap 400 index, replacing Triumph Group Inc. ( TGI ) which took the company’s previous position in the S&P SmallCap 600 index. Most of the company’s revenue is derived principally from subscription fees from its customers who comprise of large multinational companies as well as small and medium enterprises and individuals. Besides a relatively well-diversified portfolio of various initiatives and services, the company is built on a unique set of values of being accountable, thriving tog
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