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Piper Jaffray, JPMorgan Are 'Logging Out' Of LogMeIn [Yahoo! Finance News]

LOGMEIN (LOGM)  More Company Research Source: Yahoo! Finance News
Last logmein earnings: 7/26 04:08 pm Check Earnings Report
PDF LogMeIn managed to report a modest beat in Q2, but it was more than overshadowed by management's downward revision to full-year estimates due to poor renewal rates, Zukin said in the downgrade note. The churn issues seen in the quarter stem from the acquisition of GoTo's assets, which creates a new concern that LogMeIn is unable to succeed in acquiring and integrating new businesses, the analyst said. [Read more]

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