shareholdersunite.com

Opportunities in smallcaps

shareholdersunite.com header image 2

LogMeIn Scores An Own Goal

August 9th, 2018 · No Comments

  • The company was plagued by what management described as execution problems and the shares sold off big time.
  • While the direct financial impact doesn’t seem to warrant the extent of the share price decline, this exposed the possibility of wider competitive issues.
  • Much of its business is facing tough competition in slow growing markets and price increases are not a long-term viable strategy.
  • The company does generate lots of free cash which it can use to innovate out of these markets, and to some degree it is successful in doing that.

Source: LogMeIn Scores An Own Goal – LogMeIn, Inc. (NASDAQ:LOGM) | Seeking Alpha

Tags: LOGM