LogicMark ( (LGMK) ) has shared an announcement.
LogicMark, Inc. reported a robust third quarter in 2024, with a 14% increase in revenue to $2.7 million and a 13% rise in gross profit to $1.8 million. The consistent 67% gross margin over the past six quarters highlights effective cost management and a successful product mix shift. The company’s strategic moves, including the Freedom Alert Mini launch and a partnership with Black Knight LLC, underscore its commitment to innovation and expanding its market reach, particularly within the Veterans Administration.
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