Quixant (GB:NXQ) has released an update.
Nexteq, a leader in technology solutions, reports a revenue downturn of 14% to $48.2m in their latest interim results, amidst a challenging market with reduced customer demand. Despite the drop, the company remains profitable with a strong cash generation, as gross margins improved to 37.3% and net cash increased by 32% to $36.9m. Nexteq also highlights their customer retention success and ongoing product innovation for future growth.
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