LogicMark Inc reports results for the quarter ended in June - Earnings Summary

Reuters08-14

* LogicMark Inc reported a quarterly adjusted loss of 96 cents per share for the quarter ended in June. The lone analyst forecast for the quarter was for a loss of $1.07 per share.

* Revenue was $2.34 million; analysts expected $2.37 million.

* LogicMark Inc's reported EPS for the quarter was a loss of 96 cents.

* The company reported a quarterly loss of $2.11 million.

* LogicMark Inc shares had fallen by 71.4% this quarter and lost 83.5% 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 $3.50

This summary was machine generated from LSEG data August 13 at 09:37 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

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 $1.07 per share.    * Revenue wa","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6月份的季度业绩-收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LGMK":0.9},"content_text":"* LogicMark Inc    reported a quarterly adjusted loss of 96 cents per share for the quarter ended in June.  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