LogicMark Inc (LGMK) Q3 2024 Earnings Call Highlights: Revenue Growth and Strategic Expansions [Yahoo! Finance]
LogicMark, Inc. (LGMK)
Company Research
Source: Yahoo! Finance
Gross Margin: 67%, consistent for the last six quarters. Operating Expenses: $3.4 million, flat compared to the same period last year, and 6% lower than the second quarter of 2024. Adjusted EBITDA: Loss of $785,000, improved from a $1.1 million loss in the third quarter of 2023. Net Loss: $1.6 million, compared to a net loss of $1.5 million in the same quarter last year. Net Loss Per Share: $0.20, compared to a net loss of $1.10 per share in the same period last year. Cash Balance: $5.6 million as of September 30, reflecting a registered secondary offering in August with $4.5 million in gross proceeds. Warning! GuruFocus has detected 4 Warning Signs with LGMK. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript LogicMark Inc ( NASDAQ:LGMK ) reported a 14% increase in revenue for the third quarter, reaching $2.7 million compared to the same period last year. Gross profit improved by 13%
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LGMK
News
- LGMK: New Freedom Alert Mini & Freedom Alert Max Expand Product Suite [Yahoo! Finance]Yahoo! Finance
- LogicMark Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- LogicMark, Inc. Announces Reverse Stock SplitsGlobeNewswire
- LogicMark, Inc. Reports Strong Third-Quarter 2024 Results Led by Double-Digit Growth in Year-Over-Year Sales and Gross Profit [Yahoo! Finance]Yahoo! Finance
- LogicMark, Inc. Reports Strong Third-Quarter 2024 Results Led by Double-Digit Growth in Year-Over-Year Sales and Gross ProfitGlobeNewswire
LGMK
Earnings
- 11/12/24 - Beat
LGMK
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 10-Q
- 11/14/24 - Form 8-K
- LGMK's page on the SEC website