Nxt-ID, Inc. Announces Investor Webcast to Discuss the Financial Results for the Nine and Three Months Ended September 30, 2019 and to Provide a General Corporate Update
NXT-ID Inc. (NXTD)
US:NASDAQ Investor Relations:
nxt-id.com/investor-relations
Company Research
Source: GlobeNewswire
Sebastian, Florida, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Nxt-ID, Inc. (NASDAQ: NXTD) (the “Company”), a provider of healthcare devices and services, announces results for the quarter ended September 30, 2019. Financial Highlights from the third quarter results included: Revenue from continuing operations for the nine and three months ended September 30, 2019 was approximately $13.1 million and $4.4 million, respectively, up slightly in both periods as compared to the same 2018 periods.Gross profit from continuing operations for nine and three months ended September 30, 2019 was approximately $9.9 million and $3.3 million, respectively compared to approximately $9.5 million and $3.2 million for the same 2018 periods.Operating expenses from continuing operations for the nine and three months ended September 30, 2019 were approximately $8.1 million and $2.6 million, respectively compared to $8.6 million and $3.0 million for the same 2018 periods.Operating income from continuing
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