Logicmark Inc. (LGMK)
OTHER OTC:LGMK
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Earnings Data
Report Date
Aug 18, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-1.75Last Year’s EPS
-2.9Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and commercial trajectory: revenue grew 24%, gross margin expanded by 610 basis points, operating and net losses meaningfully improved, customer satisfaction is strong (NPS 68), the product pipeline (wearable watch and connected-home hub) is on track, and liquidity ($7.5M, no long-term debt) supports near-term commercialization. Headwinds and risks include continued quarterly losses, an early-stage recurring revenue base, increased go-to-market spend, the hub still being in beta, a decline in R&D spend that could be seen as a risk if future needs arise, and some uncertainty around capital markets/listing strategy. Overall, positives (growth, margin expansion, product momentum, strong NPS, and improved losses) outweigh the lowlights, but the company is not yet profitable and execution on subscriptions and new products remains critical.Company Guidance
Revenue Growth
First quarter revenue of $3.2M, up 24% year-over-year from $2.6M, driven by strong demand for the Freedom Alert Mini and Guardian Alert 911 Plus.
Gross Profit and Margin Expansion
Gross profit of $2.2M, up 36% year-over-year from $1.6M; gross margin expanded to 69.6% from 63.5%, a 610 basis point improvement due to a late-January price increase, favorable product mix and lower shipping/fulfillment costs.
Operating and Net Loss Improvement
Operating loss narrowed to $1.5M (36% improvement vs. $2.4M prior year); net loss improved 34% to $1.5M from $2.2M a year ago.
Operating Expense Discipline
Total operating expenses decreased 7% to $3.7M from $4.0M; G&A down ~24% (~$500k) driven by lower stock-based comp, consulting and legal; R&D down ~21% reflecting transition from development to commercialization.
Sales & Marketing Reallocation
Advertising costs decreased by approximately $100k (about 55%) while selling and marketing spend increased ~$300k to add sales personnel and channel infrastructure aimed at durable revenue growth.
Strong Customer Satisfaction (NPS)
First quarter Net Promoter Score of 68, above typical health-care device benchmarks (40–60), indicating strong customer satisfaction and service reliability.
Product Pipeline and Commercial Catalysts
Near-term product catalysts on track: wearable watch targeted for Q3 (fall detection, geofencing, medication reminders, biometrics) and connected-home hub progressing through beta with senior/independent living partners.
Balance Sheet and Liquidity
Ended the quarter with $7.5M in cash and investments and no long-term debt; company states liquidity supports product launches and commercial build-out without near-term dilutive financing.
Strategic Advantages and Channel Momentum
Renewed 5-year GSA federal contract (awarded February) and growing installed base across government, VA, health care, dealer/reseller and senior living channels; expanding IP/patent portfolio and active licensing/white-labeling efforts.
LGMK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LGMK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $0.55 | $0.55 | 0.00% |
Mar 25, 2026 | $0.68 | $0.46 | -32.99% |
Nov 12, 2025 | $1.34 | $1.18 | -12.01% |
May 15, 2025 | $11.25 | $9.97 | -11.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Logicmark Inc. (LGMK) report earnings?
Logicmark Inc. (LGMK) is schdueled to report earning on Aug 18, 2026, TBA (Confirmed).
What is Logicmark Inc. (LGMK) earnings time?
Logicmark Inc. (LGMK) earnings time is at Aug 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LGMK EPS forecast?
LGMK EPS forecast for the fiscal quarter 2026 (Q2) is -1.75.