LogicMark Reports Robust 2022 Revenue and Margin Growth

(24/7 MARKET NEWS) – LogicMark, Inc. (NASDAQ: LGMK) reported, after yesterday’s market close its financial and operating results for the year ended December 31, 2022.  

Highlights included revenue growth of 19% in 2022, compared to the prior year, gross profit increased 25% in 2022, versus 2021, and gross margin of 60.7% in 2022, up 300 basepoints from 57.7%, in 2021.

LogicMark is trading at $0.1828, up 0.0427 (+32.11%), on 7.4 million premarket shares.

Its 52-week trading range is $0.1194 to 2.38.

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