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

LogicMark

13/11/2024 15:33

* 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