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) delivers innovative personal emergency response systems (PERS) and connected care solutions through advanced IoT integration. This page serves as a comprehensive resource for investors and industry observers seeking official company updates and market developments.
Find curated press releases and news articles covering earnings announcements, product innovations in fall detection and two-way communication technologies, government partnerships (including Veterans Health Administration contracts), and strategic initiatives within the aging-in-place healthcare sector. All content is sourced directly from verified corporate communications and reputable financial publications.
Key focus areas include updates on LogicMark's Connected Care Platform, distribution channel expansions, and regulatory milestones. Visitors gain insight into how the company's sensor-based safety devices and health communication tools address growing demands in senior care markets.
Bookmark this page for streamlined access to LogicMark's evolving role in IoT-enabled emergency response systems. Check regularly for developments impacting the $35B+ personal emergency response market and related healthcare technology sectors.
LogicMark, Inc. (LGMK) reported impressive financial results for Q2 2022, with revenue reaching $3.4 million, marking a 21% increase year-over-year and 34% YTD. The growth was attributed to enhanced sales to VA hospitals and a successful replacement program following the 3G sunsetting. Although gross profit rose 17%, gross margin slightly decreased to 59% due to a shift in product mix and rising shipping costs. The company maintains a strong balance sheet with $11.1 million in cash and no debt, while operational costs increased due to strategic investments in marketing and resources.
LogicMark, Inc. (Nasdaq: LGMK), a leader in personal emergency response systems, announced that CEO Chia-Lin Simmons will present at the Investor Summit Conference on August 17, 2022, at 12:30 PM ET. The virtual conference takes place on August 16-17 and will feature over 90 companies and 500+ investors.
LogicMark aims to connect with qualified investors, showcasing its innovative health communication devices that facilitate care at home. Investors can register for the event through the Investor Summit Group.
LogicMark, Inc. (NASDAQ: LGMK) announced it will report its second quarter 2022 financial results after market close on August 11, 2022. A conference call will follow at 1:30 PM PDT / 4:30 PM EDT, where management will review results and provide updates. Participants must register for a unique dial-in number. LogicMark specializes in personal emergency response systems, offering connected care solutions to enhance home safety for consumers. Its products are available through various channels including the U.S. Veterans Health Administration.
LogicMark, Inc. (NASDAQ: LGMK) announced that it will report its second quarter 2022 financial results on August 11, 2022, after market close. A conference call will follow at 1:30 PM PDT / 4:30 PM EDT, where management will discuss the results and provide updates on corporate activities. Interested investors can join via webcast or telephone. LogicMark specializes in personal emergency response systems (PERS) and health communication devices, targeting the care economy and aiming to improve at-home care for aging individuals.
LogicMark, Inc. (Nasdaq: LGMK) is urging shareholders to vote 'for' all proposals at the upcoming 2022 Annual Meeting on August 25, 2022. The proposals aim to enhance financial management and shareholder value through cost savings. Key initiatives include a new audit firm expected to cut overhead costs and the reincorporation from Delaware to Nevada, projected to lower operating expenses. The company highlights its debt-free status and recent growth, including filing five provisional patents in areas like AI and remote monitoring, which could bolster R&D and product development.
LogicMark, Inc. (Nasdaq: LGMK) has launched a new direct-to-consumer e-commerce platform aimed at enhancing access to its personal emergency response systems (PERS) and remote care technologies. The updated website offers a user-friendly shopping experience, allowing consumers to purchase popular products like the GuardianAlert911+ directly. This initiative follows the company's recent rebranding from Nxt-ID to better align with its focus on the care economy. LogicMark has previously provided over 500,000 PERS devices and holds a GSA contract with the U.S. government for wider distribution.
LogicMark (Nasdaq: LGMK) is urging shareholders to vote in favor of its proxy proposals during the upcoming annual meeting set for August 25, 2022. Shareholders from June 28, 2022, are eligible to vote. Key proposals include electing new board members, ratifying BPM LLP as independent accountants, adopting a 2022 Stock Incentive Plan, and reincorporating from Delaware to Nevada to reduce operational costs. The company emphasizes these proposals as vital for its operational and financial progress, aiming to enhance governance and reduce shareholder dilution.
LogicMark (Nasdaq: LGMK) announced its 2022 Annual Meeting, scheduled for August 25, 2022, emphasizing the importance of shareholder voting on key proposals. The company has strengthened its financial position, becoming debt-free after raising $12.5 million. New leadership, including a CFO and VP of Engineering, has been appointed to drive innovation. LogicMark also added three experienced board members and filed five new patents. The letter highlights the company's transition towards technology solutions in the care economy, aiming for revenue growth and enhanced shareholder value.
LogicMark, Inc. (Nasdaq: LGMK) announced its 2022 Annual Meeting of Stockholders will be held on August 25, 2022. CEO Chia-Lin Simmons highlighted the company's transformation into a technology firm focused on the care economy, leveraging proprietary remote care solutions. The company is poised for growth through new leadership, debt elimination, and enhanced technology in AI and machine learning. Shareholders are encouraged to support key proposals, including Board reappointments and the selection of BPM LLP as auditors, aimed at ensuring future success and reducing shareholder dilution.
LogicMark, Inc. (Nasdaq: LGMK) announced its annual general meeting of shareholders set for August 25, 2022, at 9:30 a.m. (PT) in American Canyon, California. Shareholders of record as of June 28, 2022, will receive proxy materials starting July 1, 2022. The meeting will cover key items including the election of five board members, ratification of BPM LLP as independent accountants, adoption of a 2022 Stock Incentive Plan, and a proposal for reincorporation in Nevada. The Board recommends a 'FOR' vote on all proposals.