NXT-ID,
Inc. ( $NXTD) Announces Results for the Quarter Ended March 31, 2017
MELBOURNE,
Florida, May 16, 2017 – (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ:NXTD) ("NXT-ID" or the
"Company"), a security technology company, is pleased to report its
financial and operating results for the first quarter ended March 31, 2017.
Gino
Pereira, Chief Executive Officer of NXT-ID said, “This quarter is a milestone
for the Company with significant revenue growth due to LogicMark’s sales in the
personal emergency response (PERS) market and significant shipments of the Flye
smart card to World Ventures Holdings (“WVH”), a related party, in anticipation of their roll-out to their global
membership. In addition, the Company had operating income of $1,066,902 which
resulted primarily from the strong gross profit margin earned on both the
LogicMark sales and the Flye smart card sales to World Ventures”.
Read the full news at http://www.investorideas.com/CO/NXT/news/2017/05161Results.asp
This news is published
on the Investorideas.com Newswire - a global digital news source for investors
and business leaders
Sign up for free news
alerts
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced
news, articles and equity research as well as creates original content,
including video, interviews and articles. Original content created by
investorideas is protected by copyright laws other than syndication rights. Our
site does not make recommendations for purchases or sale of stocks, services or
products. Nothing on our sites should be construed as an offer or solicitation
to buy or sell products or securities. All investment involves risk and
possible loss of investment. This site is currently compensated for news
publication and distribution, social media and marketing, content creation and
more. Contact each company directly regarding content and press release questions.
Disclosure is posted for each compensated news release, content published
/created if required but otherwise the news was not compensated for and was
published for the sole interest of our readers and followers. More disclaimer
info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news
publication and PR client of Investorideas.com. Renewed October 1, 2016 – see
details at http://www.investorideas.com/About/News/Clientspecifics.asp
No comments:
Post a Comment