LogicMark Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
04-01
  • LogicMark Inc LGMK.OQ reported a quarterly adjusted loss of $13.31​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-43.25. The lone analyst forecast for the quarter was for a loss of $1.18 per share.

  • Revenue fell 7.3% to $2.25 million from a year ago; analysts expected $2.23 million.

  • LogicMark Inc's reported EPS for the quarter was a loss of $13.31​.

  • The company reported a quarterly loss of $3.78 million.

  • LogicMark Inc shares had held steady so far this quarter and lost 98.7% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged 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 $4.00

This summary was machine generated from LSEG data April 1 at 07:20 a.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

Dec. 31 2024

-1.18

-13.31

Missed

Sep. 30 2024

-10.75

-5.00

Beat

Jun. 30 2024

-26.75

-24.00

Beat

Mar. 31 2024

-22.00

-21.25

Beat

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