Nxt-ID, Inc. Announces Investor Webcast to Discuss the Financial Results for the Twelve and Three Months Ended December 31, 2019 and to Provide a General Corporate and Business Update
NXT-ID Inc. (NXTD)
US:NASDAQ Investor Relations:
nxt-id.com/investor-relations
Company Research
Source: GlobeNewswire
Oxford, Connecticut, March 31, 2020 (GLOBE NEWSWIRE) -- Nxt-ID, Inc. (NASDAQ: NXTD) (the “Company”), a provider of healthcare devices and services, announces results for the year and three months ended December 31, 2019. Financial Highlights and results from the year and fourth quarter included: Revenue from continuing operations for the year and three months ended December 31, 2019 was approximately $17.1 million and $4.0 million, respectively, essentially flat in both periods as compared to the same 2018 periods.Gross profit from continuing operations for year and three months ended December 31, 2019 was approximately $12.8 million and $2.9 million, respectively compared to approximately $12.3 million and $2.8 million for the same 2018 periods.Operating expenses from continuing operations for the year and three months ended December 31, 2019 were approximately $10.2 million and $2.1 million, respectively compared to $11.7 million and $3.1 million for the same 2018 period
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