LogicMark Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters

2024-11-13

LogicMark Inc reports results for the quarter ended September 30 - Earnings Summary

LogicMark Inc LGMK.OQ reported a quarterly adjusted loss of 20 cents per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 43 cents per share.
Revenue was $2.71 million; analysts expected $2.44 million.
LogicMark Inc's reported EPS for the quarter was a loss of 20 cents.
The company reported a quarterly loss of $1.59 million.
LogicMark Inc shares had risen by 15.2% this quarter and lost 83.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 49.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

Wall Street's median 12-month price target for LogicMark Inc is 0.70

This summary was machine generated from LSEG data November 13 at 03:33 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Sep. 30 2024	-0.43	-0.20	Beat
Jun. 30 2024	-1.07	-0.96	Beat
Mar. 31 2024	-0.88	-0.85	Beat
Dec. 31 2023	-1.73	-1.73	Met

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The lone analyst forecast for the quarter was for a loss of 43 cents per share. </p></li><li><p>Revenue was $2.71 million; analysts expected $2.44 million. </p></li><li><p>LogicMark Inc's reported EPS for the quarter was a loss of 20 cents.</p></li><li><p>The company reported a quarterly loss of $1.59 million.</p></li><li><p>LogicMark Inc shares had risen by 15.2% this quarter and lost 83.2% so far this year.</p></li></ul><p>FORECAST CHANGES</p><ul><li><p>The mean earnings estimate of analysts had risen by about 49.4% in the last three months. </p></li><li><p>In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.</p></li></ul><p>RECOMMENDATIONS</p><ul><li></li><li><p>Wall Street's median 12-month price target for LogicMark Inc is 0.70 </p></li></ul><p>This summary was machine generated from LSEG data November 13 at 03:33 p.m. UTC. All figures in US dollars unless otherwise stated. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p><table><tbody><tr><td><p>QUARTER ENDING</p></td><td><p>ESTIMATE </p></td><td><p>ACTUAL</p></td><td><p>BEAT, MET, MISSED</p></td></tr><tr><td><p>Sep. 30 2024 </p></td><td><p>-0.43</p></td><td><p>-0.20</p></td><td><p>Beat</p></td></tr><tr><td><p>Jun. 30 2024 </p></td><td><p>-1.07</p></td><td><p>-0.96</p></td><td><p>Beat</p></td></tr><tr><td><p>Mar. 31 2024 </p></td><td><p>-0.88</p></td><td><p>-0.85</p></td><td><p>Beat</p></td></tr><tr><td><p>Dec. 31 2023 </p></td><td><p>-1.73</p></td><td><p>-1.73</p></td><td><p>Met</p></td></tr></tbody></table></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LogicMark Inc reports results for the quarter ended September 30 - Earnings Summary</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLogicMark Inc reports results for the quarter ended September 30 - Earnings Summary\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-11-13 23:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>LogicMark Inc reports results for the quarter ended September 30 - Earnings Summary</title></head><body><ul><li><p>LogicMark Inc <span>LGMK.OQ</span> reported a quarterly adjusted loss of 20 cents per share for the quarter ended September 30.  The lone analyst forecast for the quarter was for a loss of 43 cents per share. </p></li><li><p>Revenue was $2.71 million; analysts expected $2.44 million. </p></li><li><p>LogicMark Inc's reported EPS for the quarter was a loss of 20 cents.</p></li><li><p>The company reported a quarterly loss of $1.59 million.</p></li><li><p>LogicMark Inc shares had risen by 15.2% this quarter and lost 83.2% so far this year.</p></li></ul><p>FORECAST CHANGES</p><ul><li><p>The mean earnings estimate of analysts had risen by about 49.4% in the last three months. </p></li><li><p>In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.</p></li></ul><p>RECOMMENDATIONS</p><ul><li></li><li><p>Wall Street's median 12-month price target for LogicMark Inc is 0.70 </p></li></ul><p>This summary was machine generated from LSEG data November 13 at 03:33 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p><table><tbody><tr><td><p>QUARTER ENDING</p></td><td><p>ESTIMATE </p></td><td><p>ACTUAL</p></td><td><p>BEAT, MET, MISSED</p></td></tr><tr><td><p>Sep. 30 2024 </p></td><td><p>-0.43</p></td><td><p>-0.20</p></td><td><p>Beat</p></td></tr><tr><td><p>Jun. 30 2024 </p></td><td><p>-1.07</p></td><td><p>-0.96</p></td><td><p>Beat</p></td></tr><tr><td><p>Mar. 31 2024 </p></td><td><p>-0.88</p></td><td><p>-0.85</p></td><td><p>Beat</p></td></tr><tr><td><p>Dec. 31 2023 </p></td><td><p>-1.73</p></td><td><p>-1.73</p></td><td><p>Met</p></td></tr></tbody></table></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LGMK","symbol_name":"LogicMark, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241113:nL8N3MK252:1","article_id":"2483107880","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483107880","pubTimestamp":1731512023,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"LogicMark Inc reports results for the quarter ended September 30 - Earnings SummaryLogicMark Inc LGMK.OQ reported a quarterly adjusted loss of 20 cents per share for the quarter ended September 30.  T","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LGMK":"LogicMark, Inc."},"translate_title":"LogicMark Inc报告截至9月30日的季度业绩-收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LGMK":0.9},"content_text":"LogicMark Inc reports results for the quarter ended September 30 - Earnings SummaryLogicMark Inc LGMK.OQ reported a quarterly adjusted loss of 20 cents per share for the quarter ended September 30.  The lone analyst forecast for the quarter was for a loss of 43 cents per share. Revenue was $2.71 million; analysts expected $2.44 million. LogicMark Inc's reported EPS for the quarter was a loss of 20 cents.The company reported a quarterly loss of $1.59 million.LogicMark Inc shares had risen by 15.2% this quarter and lost 83.2% so far this year.FORECAST CHANGESThe mean earnings estimate of analysts had risen by about 49.4% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.RECOMMENDATIONSWall Street's median 12-month price target for LogicMark Inc is 0.70 This summary was machine generated from LSEG data November 13 at 03:33 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)QUARTER ENDINGESTIMATE ACTUALBEAT, MET, MISSEDSep. 30 2024 -0.43-0.20BeatJun. 30 2024 -1.07-0.96BeatMar. 31 2024 -0.88-0.85BeatDec. 31 2023 -1.73-1.73Met","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}