Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0.0056127221702526 0.0056127221702526
Stock impact report

LogicMark, Inc. Reports Fourth Quarter and Full Year 2023 Results

LogicMark, Inc. (LGMK) 
Company Research Source: GlobeNewswire
LOUISVILLE, Ky., April 18, 2024 (GLOBE NEWSWIRE) -- LogicMark, Inc.?(Nasdaq: LGMK), a provider of personal emergency response systems (PERS), health communications devices, and technology for the growing care economy, today announced financial results for the fourth quarter and full year ended December 31, 2023.? Chia-Lin Simmons, Chief Executive Officer, shared her thoughts on LogicMark’s results stating, “Our team’s remarkable accomplishments during 2023 are a testament to our collective dedication. We finished the year with strong momentum, increasing fourth-quarter revenues by 13% and improving gross profit by 21% year-over-year. Moreover, we achieved a 66% gross margin in the fourth quarter, an improvement of 450 bps from last year's fourth quarter. In addition to strong financial results, we expanded our software and technology suite to complement the launch of two new products. “During the fourth quarter, we launched two highly anticipated products. Firstly, the Show less Read more
Impact Snapshot
Event Time:
LGMK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LGMK alerts
Opt-in for
LGMK alerts

from News Quantified
Opt-in for
LGMK alerts

from News Quantified