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

reuters11-13 23:33

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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