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LogicMark ( (LGMK) ) has shared an announcement.
LogicMark, Inc. reported a robust third quarter in 2024, with a 14% increase in revenue to $2.7 million and a 13% rise in gross profit to $1.8 million. The consistent 67% gross margin over the past six quarters highlights effective cost management and a successful product mix shift. The company’s strategic moves, including the Freedom Alert Mini launch and a partnership with Black Knight LLC, underscore its commitment to innovation and expanding its market reach, particularly within the Veterans Administration.
For detailed information about LGMK stock, go to TipRanks’ Stock Analysis page.