LogicMark Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

LogicMark (NASDAQ:LGMK) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$2.34m (flat on 2Q 2023).
• Net loss: US$2.11m (loss narrowed by 9.8% from 2Q 2023).
• US$0.96 loss per share (improved from US$1.83 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

LogicMark EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 10%.

The company's shares are down 25% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 5 warning signs for LogicMark that you should be aware of.

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