$NextPlat(NXPL.US)$Press Release: NextPlat Reports Record Consolidated Q1 2024 Revenues of $17.5 Million Compared to $2.9 Million in Q1 2023 (508% Increase) as Quarterly Margins Improve to 27.5%
$NextPlat(NXPL.US)$ NEWS NextPlat Reports Record Consolidated Q1 2024 Revenues of $17.5 Million Compared to $2.9 Million in Q1 2023 (508% Increase) as Quarterly Margins Improve to 27.5% Positive Q1 2024 revenue increased by 508% to $17.5 million. Gross margins improved to 27.5%, up from 21.6% in Q1 2023. E-commerce profit margins grew to 28%, driven by higher-margin recurring revenue. Healthcare operations contributed $14.6 million in revenue, driven by Progressive Care acquisition. Progressive ...
NextPlat Corp and Progressive Care Inc: A Groundbreaking Merger That Could Change the Healthcare Landscape. In a move that signals significant shifts within the healthcare and technology sectors, NextPlat Corp (NASDAQ: NXPL, NXPLW) has officially announced its intention to merge with Progressive Care Inc. (OTCQB: RXMD), a majority-owned subsidiary, into a unified powerhouse. This proposed business combination is poised ...
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NEWS
NextPlat Reports Record Consolidated Q1 2024 Revenues of $17.5 Million Compared to $2.9 Million in Q1 2023 (508% Increase) as Quarterly Margins Improve to 27.5%
Positive
Q1 2024 revenue increased by 508% to $17.5 million.
Gross margins improved to 27.5%, up from 21.6% in Q1 2023.
E-commerce profit margins grew to 28%, driven by higher-margin recurring revenue.
Healthcare operations contributed $14.6 million in revenue, driven by Progressive Care acquisition.
Progressive ...
In a move that signals significant shifts within the healthcare and technology sectors, NextPlat Corp (NASDAQ: NXPL, NXPLW) has officially announced its intention to merge with Progressive Care Inc. (OTCQB: RXMD), a majority-owned subsidiary, into a unified powerhouse. This proposed business combination is poised ...
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