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

Reuters2025-04-01

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

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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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 CHANGESThe 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.RECOMMENDATIONSWall 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 ENDINGESTIMATE ACTUALBEAT, MET, MISSEDDec. 31 2024 -1.18-13.31MissedSep. 30 2024 -10.75-5.00BeatJun. 30 2024 -26.75-24.00BeatMar. 31 2024 -22.00-21.25Beat","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":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2524159689","isCrawlerRequest":true}