LogicMark Third Quarter 2024 Earnings: Beats Expectations

LogicMark (NASDAQ:LGMK) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$2.71m (up 14% from 3Q 2023).
• Net loss: US$1.59m (loss widened by 4.9% from 3Q 2023).
• US$0.20 loss per share.

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

LogicMark Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 53%.

The company's shares are down 18% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with LogicMark, and understanding these should be part of your investment process.

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