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

LogicMark

13/08/2024 22:37

* LogicMark Inc  LGMK.OQ  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