In This Article:
LogicMark (NASDAQ:LGMK) Full Year 2024 Results
Key Financial Results
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Revenue: US$9.90m (flat on FY 2023).
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Net loss: US$9.30m (loss narrowed by 41% from FY 2023).
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US$14.65 loss per share (improved from US$292 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LogicMark EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.
The company's shares are down 82% from a week ago.
Risk Analysis
Before you take the next step you should know about the 5 warning signs for LogicMark that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.