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LogicMark, Inc. - LGMK STOCK NEWS

Welcome to our dedicated page for LogicMark news (Ticker: LGMK), a resource for investors and traders seeking the latest updates and insights on LogicMark stock.

LogicMark, Inc. (Nasdaq: LGMK) is a leading provider of personal emergency response systems (PERS), health communications devices, and innovative IoT technologies aimed at enhancing the well-being of individuals, particularly aging adults. Founded over 15 years ago, LogicMark revolutionized the PERS industry by incorporating two-way voice communication technology directly into its medical alert pendants, offering life-saving technology at an affordable price.

The company's core business revolves around creating a Connected Care Platform that enables individuals to receive care at home and maintain their independence. Their product lineup includes the acclaimed Freedom Alert Plus, a device with fall detection and Wi-Fi connectivity, and the new 4G Freedom Alert Mini, which offers GPS location services for on-the-go safety.

LogicMark's products are available through various channels, including the United States Veterans Health Administration, dealers, distributors, and direct-to-consumer sales. The company has secured a contract with the U.S. General Services Administration, allowing it to distribute products to federal, state, and local governments.

Recent financial reports highlight LogicMark's strong performance, with significant improvements in gross profit margins and a decrease in operating expenses. The company's strategic focus on supply chain efficiency and product innovation has driven these positive financial outcomes.

Under the leadership of CEO Chia-Lin Simmons, LogicMark continues to expand its product portfolio and enter new market verticals. The upcoming launch of the Aster software application, available on the Apple and Google Play Stores, exemplifies their commitment to leveraging AI and machine learning to enhance the quality of life for users.

With a mission to let people of all ages lead a life with dignity, independence, and the joy of possibility, LogicMark is dedicated to building a 'Care Village' that supports users' safety, connectivity, and well-being through cutting-edge technology and user-centric solutions.

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LogicMark (Nasdaq: LGMK), a provider of personal emergency response systems and health communications devices, has announced its participation in the upcoming Virtual Emerging Growth Conference on July 17, 2024. CEO Chia-Lin Simmons will present at 12:05 pm PDT / 3:05 pm EDT.

The company invites investors, advisors, and analysts to attend the real-time virtual presentation. Registration is required to participate and receive updates. An archived webcast will be available on LogicMark's website, EmergingGrowth.com, and the Emerging Growth YouTube Channel for those unable to attend live.

This presentation offers an opportunity for stakeholders to gain insights into LogicMark's operations and growth strategies in the expanding care economy sector.

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LogicMark, a provider of personal emergency response systems (PERS) and health communications devices, announced that its CEO, Ms. Chia-Lin Simmons, will present at the Virtual Emerging Growth Conference on June 12, 2024.

The presentation is scheduled for 8:25 am PDT / 11:25 pm EDT. Investors, advisors, and analysts are invited to attend the virtual event.

Participants can register for the event via the provided link. An archived webcast will be available on LogicMark's website, EmergingGrowth.com, and the Emerging Growth YouTube Channel.

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LogicMark, Inc., a provider of personal emergency response systems and health communications devices, will have its CEO and CFO speak at Aegis Capital Corp. Virtual Conference on May 9, 2024. The conference aims to showcase the company's role in the care economy sector.

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LogicMark, Inc., a provider of personal emergency response systems and health communication devices, will have its CEO, Ms. Chia-Lin Simmons, speak at the Virtual Emerging Growth Conference on May 8, 2024. The company extends an invitation to investors, advisors, and analysts to attend the real-time presentation. The event will be available for live viewing and access to an archived webcast post-event.

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LogicMark, Inc. reported a 13% increase in fourth-quarter revenue and a 21% increase in gross profit year-over-year. The company achieved a 66% gross margin in the fourth quarter, marking a significant improvement. Additionally, LogicMark launched two new products, the Freedom Alert Plus and the 4G Freedom Alert Mini, both offering 24/7 monitoring and fall detection. The company also introduced a subscription-based software application called Aster, expanding its market presence and leveraging its CPaaS model for IoT solutions.
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LogicMark, Inc. (Nasdaq: LGMK) postpones the release of Q4 and full-year 2023 financial results and conference call, filing an extension with the SEC. The company provides personal emergency response systems and health communication devices, aiming to create a Connected Care Platform.
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LogicMark, Inc. (Nasdaq: LGMK) rescheduled the release of Q4 and full year 2023 financial results to April 1, 2024. The conference call will feature CEO Ms. Chia-Lin Simmons and CFO Mr. Mark Archer. LogicMark provides personal emergency response systems and health communication devices, aiming to create a Connected Care Platform. The company offers affordable two-way voice communication technology for medical alerts.
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LogicMark, Inc. (Nasdaq: LGMK) announced the release of financial results for Q4 and full year 2023 on March 27, 2024. The live investor call will be hosted by CEO Ms. Chia-Lin Simmons and CFO Mr. Mark Archer. LogicMark offers personal emergency response systems and health communication devices, aiming to enhance the care economy.
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LogicMark, Inc. (NASDAQ: LGMK) announced that CEO Chia-Lin Simmons will present at the 2024 Healthcare IT Virtual Conference on January 24th, 2024. The conference aims to discuss solutions to improve health outcomes, reduce healthcare costs, benefit healthcare providers, and improve customer experience.
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LogicMark, Inc. (NASDAQ: LGMK) announced the launch of Aster, a standalone software application that brings personal safety and peace of mind to users of all ages. The app introduces innovative features such as 'Follow Me', emergency alerts, and GPS location sharing. It is available for a subscription fee of $9.99 per month with a free 14-day trial option. Aster aims to empower individuals to navigate their lives more independently and confidently.
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FAQ

What is the current stock price of LogicMark (LGMK)?

The current stock price of LogicMark (LGMK) is $1.63 as of December 24, 2024.

What is the market cap of LogicMark (LGMK)?

The market cap of LogicMark (LGMK) is approximately 3.3M.

What does LogicMark, Inc. specialize in?

LogicMark, Inc. specializes in personal emergency response systems (PERS), health communications devices, and IoT technologies to support independent living.

How does LogicMark's technology enhance user safety?

LogicMark's technology incorporates two-way voice communication and fall detection in their medical alert devices, providing immediate access to emergency services and caregivers.

Where can LogicMark’s products be purchased?

LogicMark’s products can be purchased through the United States Veterans Health Administration, authorized dealers and distributors, direct-to-consumer channels, and their eCommerce site.

What is the Freedom Alert Plus?

Freedom Alert Plus is a Wi-Fi enabled PERS device with fall detection and two-way voice communication, designed to ensure safety and connectivity at home.

What is the Freedom Alert Mini?

Freedom Alert Mini is a compact, mobile PERS device with GPS location services and 4G LTE connectivity, offering safety and independence on the go.

What recent achievements has LogicMark reported?

Recent achievements include increased gross profit margins, the launch of new products like Freedom Alert Plus and 4G Freedom Alert Mini, and the planned release of the Aster software application.

Who are the leaders at LogicMark, Inc.?

Chia-Lin Simmons serves as the CEO, and Mark Archer is the CFO of LogicMark, Inc.

What is LogicMark’s mission?

LogicMark's mission is to let people of all ages lead a life with dignity, independence, and the joy of possibility by leveraging innovative care technology.

How does LogicMark support its products?

LogicMark provides 24/7 monitoring services, regular software updates, and extensive customer support to ensure the reliability and effectiveness of their products.

Where can I find more information about LogicMark?

More information about LogicMark can be found on their corporate website, logicmark.com, and their investor relations website, investors.logicmark.com.

LogicMark, Inc.

Nasdaq:LGMK

LGMK Rankings

LGMK Stock Data

3.32M
2.02M
71.98%
7.86%
32.1%
Health Information Services
Orthopedic, Prosthetic & Surgical Appliances & Supplies
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