sector: Technology ·
industry: Software ·
As of
10:19pm IST
17.04USD
LogMeIn, Inc. is a provider of on-demand, remote-connectivity solutions to small and medium-sized businesses (SMBs), information technology (IT) service providers and consumers. Businesses and IT service providers use its solutions to deliver remote, end-user support, and to access and manage computers and other Internet-enabled devices more effectively. Consumers and mobile workers use its solutions to access computer resources remotely. The Company’s users have connected over 30 million computers and other Internet-enabled devices to a LogMeIn service, and during November 2007 the total number of devices connected to its services stood at an average of over 60,000 per day.
BRIEF: For the nine months ended 30 September 2009, LogMeIn, Inc's revenues increased 55% to $54.2M. Net income applic. to Common totaled $5M vs. a loss of $8.4M. Revenues reflect an increase in the number of customers and from subscription renewals of existing customers. Net income reflects the absence of legal settlement expenses compared to corresponding previous period and an increase in gross profit margin.
LogMeIn, Inc.
500 Unicorn Park Drive
Woburn MA 01801
P: +1781.6389050