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NXTD / Nxt-ID Registers 10% Revenue Decline In Q3, Margin Shrinks

Nxt-ID Registers 10% Revenue Decline In Q3, Margin Shrinks
Nxt-ID Inc (NASDAQ: NXTD) reported a third-quarter FY21 revenue decline of 10% year-on-year to $2.4 million. The gross margin contracted 1,800 bps to 53% due to a reserve for obsolete inventory. Read More
Posted: Nov 12 2021, 13:46
Author Name: Benzinga
Views: 110625

NXTD News  

Nxt-ID Registers 10% Revenue Decline In Q3, Margin Shrinks

By Benzinga
November 12, 2021

Nxt-ID Registers 10% Revenue Decline In Q3, Margin Shrinks

Nxt-ID Inc (NASDAQ: NXTD) reported a third-quarter FY21 revenue decline of 10% year-on-year to $2.4 million. The gross margin contracted 1,800 bps more_horizontal

Nxt-ID Registers 10% Revenue Decline In Q3, Margin Shrinks

By Benzinga
November 12, 2021

Nxt-ID Registers 10% Revenue Decline In Q3, Margin Shrinks

Nxt-ID Inc (NASDAQ: NXTD) reported a third-quarter FY21 revenue decline of 10% year-on-year to $2.4 million. The gross margin contracted 1,800 bps more_horizontal

Nxt-ID Registers 10% Revenue Decline In Q3, Margin Shrinks

By Benzinga
November 12, 2021

Nxt-ID Registers 10% Revenue Decline In Q3, Margin Shrinks

Nxt-ID Inc (NASDAQ: NXTD) reported a third-quarter FY21 revenue decline of 10% year-on-year to $2.4 million. The gross margin contracted 1,800 bps more_horizontal


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