Nxt-ID, Inc. Confirms Results for the Year Ended December 31, 2018
NXT-ID Inc. (NXTD)
US:NASDAQ Investor Relations:
nxt-id.com/investor-relations
Company Research
Source: PR Newswire
SEBASTIAN, Florida, April 2, 2019 /PRNewswire/ -- Nxt-ID, Inc. (NASDAQ: NXTD), a provider of healthcare devices as well as payment, credential management, and authentication platform services, announces the filing of its financial results for the year ended December 31, 2018. Management will host an investor webcast on Thursday, April 4th at 4:10 PM EST to discuss fourth quarter and full year 2018 results and to provide an update on the previously announced spin-off of its payments and credential management business. As released previously on March 14, 2019, the 2018 year-end highlights include the following: Revenue from continuing operations for year ended December 31, 2018 was approximately $17.1 million compared to approximately $16.0 million for the same period in 2017. Year over year revenue growth was approximately 7%. Gross profit from continuing operations for year ended December 31, 2018 was approximately $12.3 million compared to approximately $11.0 million for the same
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