Nxt-ID, Inc. Releases Results for the Quarter Ended March 31, 2019
NXT-ID Inc. (NXTD)
US:NASDAQ Investor Relations:
nxt-id.com/investor-relations
Company Research
Source: PR Newswire
SEBASTIAN, Florida, May 16, 2019 /PRNewswire/ -- Nxt-ID, Inc. (NASDAQ: NXTD) (the 'Company'), a provider of healthcare devices and services as well as payment credential management and authentication platform services, today announced results for quarter ended March 31, 2019.Highlights from the quarterly results included:Revenue from continuing operations for 3 months ended March 31, 2019 was approximately $4.2 million compared to approximately $4.3 million for the same period in 2018. Gross profit from continuing operations for 3 months ended March 31, 2019 was approximately $3.2 million compared to approximately $3.1 million for the same period in 2018. Operating expenses from continuing operations were approximately $2.7 million for 3 months ended March 31, 2019 compared to $2.9 million for the same period in 2018. Operating income from continuing operations for 3 months ended March 31, 2019 was approximately $0.5 million compared to operating income of $0.2 million for the same
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