LogicMark, Inc. Announces First Quarter 2022 Financial and Operational Results
LOUISVILLE, Ky., May 12, 2022 /PRNewswire/ -- LogicMark, Inc. (NASDAQ:LGMK) (the "Company" or "LogicMark") (formerly Nxt-ID, Inc.), a provider of personal emergency response systems (PERS), health communications devices, and IoT technology for the growing Care Economy, announces financial and operating results for the first quarter ended March 31, 2022.
Summary results for the first quarter ended March 31, 2022 include the following:
Revenue was $3.7 million, up 50% from the year-ago quarter. Gross profit was $2.2 million, up 52% from the same quarter last year. Gross margin
