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

LogicMark

22/04/2024 14:31

* LogicMark Inc  LGMK.OQ  reported a quarterly adjusted loss
of
$1.73​​ per share for the quarter ended in December.  The lone
analyst forecast for the quarter was for a loss of $1.73 per
share. 
    * Revenue was $2.43 million​; analysts expected $2.28
million. 
    * LogicMark Inc's reported EPS for the quarter was a loss of
$5.74​.
    * LogicMark Inc shares had fallen by 12.0% this quarter and
lost 17.0% 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 April 22 at
01:31 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
 Dec. 31 2023      -1.73          -1.73          Met