Latest news with #LogicMark
Business Insider
3 days ago
- Business
- Business Insider
LogicMark Stock (LGMK) Sinks 45% as Listing Changes
LogicMark (LGMK) stock sank on Monday after the company's shares were moved to OTC Markets. This comes after it was delisted from the Nasdaq due to the shares being non-compliant with listing regulations. In LGMK stock's case, the shares failed to maintain a price above the $1 minimum requirement. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter LogicMark intends to continue evaluating the various tiers available on OTC Markets and is also considering a potential return to a national exchange. CEO Chia-Lin Simmons noted the company had $15 million at the end of Q1, providing it with 'further runway to advance our strategic priorities.' LGMK stock was down 45.65% as of this writing. The shares have also dropped 99.23% year-to-date and 99.94% over the last 12 months. Is LogicMark Stock a Buy, Sell, or Hold? Wall Street's coverage of LogicMark stock is thin. Instead, Spark, TipRanks' AI analyst, rates LGMK shares at Neutral (42). It highlights weak financial performance and the stock's recent delisting as concerns investors should note.
Yahoo
15-05-2025
- Business
- Yahoo
LogicMark: Q1 Earnings Snapshot
LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — LogicMark, Inc. (LGMK) on Thursday reported a loss of $2.2 million in its first quarter. On a per-share basis, the Louisville, Kentucky-based company said it had a loss of 12 cents. The biometric authentication company posted revenue of $2.6 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LGMK at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
15-05-2025
- Business
- Washington Post
LogicMark: Q1 Earnings Snapshot
LOUISVILLE, Ky. — LOUISVILLE, Ky. — LogicMark, Inc. (LGMK) on Thursday reported a loss of $2.2 million in its first quarter. On a per-share basis, the Louisville, Kentucky-based company said it had a loss of 12 cents. The biometric authentication company posted revenue of $2.6 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LGMK at
Yahoo
15-05-2025
- Business
- Yahoo
LogicMark: Q1 Earnings Snapshot
LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — LogicMark, Inc. (LGMK) on Thursday reported a loss of $2.2 million in its first quarter. On a per-share basis, the Louisville, Kentucky-based company said it had a loss of 12 cents. The biometric authentication company posted revenue of $2.6 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on LGMK at Sign in to access your portfolio
Yahoo
01-04-2025
- Business
- Yahoo
LogicMark Full Year 2024 Earnings: EPS Misses Expectations
Revenue: US$9.90m (flat on FY 2023). Net loss: US$9.30m (loss narrowed by 41% from FY 2023). 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 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. Before you take the next step you should know about the 5 warning signs for LogicMark that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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.
