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LogicMark: Q4 Loss, Steady Revenue, Fiscal Recovery Ahead

Published 2 days, 3 hours ago
Description

LogicMark, a biometric authentication firm, posted Q4 losses of $1.6M, or $1.96 per share, with $3.1M in revenue. Full-year losses reached $7.5M, or $13.06 per share, with $11.4M in revenue. Despite steady revenue growth, profitability remains elusive. Investors and analysts will monitor cost controls and new contracts as LogicMark navigates its fiscal recovery in the biometric security tech field.

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