Nextplat Corp. ( (NXPL) ) has released its Q3 earnings. Here is a breakdown of the information Nextplat Corp. presented to its investors.
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NextPlat Corp, a Nevada-based company listed on the Nasdaq, operates in the e-Commerce and Healthcare sectors, providing satellite-enabled communication services and healthcare solutions. In its latest earnings report for the quarter ending September 30, 2025, NextPlat Corp reported a decrease in revenue and a net loss compared to the previous year. The company’s total revenue for the quarter was $13.75 million, down from $15.37 million in the same period last year, with a net loss of $2.19 million. The decline in revenue was primarily due to reduced sales in its Healthcare operations, particularly in the Pharmacy 340B contract revenue. Despite the challenges, the company managed to reduce its operating expenses significantly, which helped to narrow the loss. Looking ahead, NextPlat Corp’s management remains focused on strategic initiatives to enhance its service offerings and improve financial performance, although they acknowledge the uncertainties in the market environment.