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Stock impact report

NextPlat expands North American e-commerce business with Outfitter buy [Seeking Alpha]

NextPlat Corp (NXPL) 
Company Research Source: Seeking Alpha
The accretive acquisition, which is expected to more than double NextPlat's existing North American technology e-commerce product sales and recurring revenue, is scheduled to close on April 1. "Through acquisitions such as Outfitter and the introduction of new technology and healthcare e-commerce offerings expected later this year, we are executing against our growth plan by expanding our business in the United States and in other large markets around the world," Charles M. Fernandez, Executive Chairman and CEO of NextPlat said. Furthermore, this transaction is expected to drive increased profitability through improved business efficiencies, and NextPlat ( NXPL ) anticipates integrating Outfitters' operations onto its global e-commerce platform to significantly expand its product offerings. Recommended For You More Trending News Recommended For You More Trending News About NXPL Stock Related Stocks Trending Analysis Trending News Show less Read more
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