NE

NextPlat

NXPL
NASDAQCommunication Services
$6.42
USD
-0.19(-2.87%)
At close: Apr 29, 20:00 UTC
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Open

$6.96

Prev. Close

$6.96

High

$6.96

Low

$6.92

Market Snapshot

Market Cap

$16.89M

P/E Ratio

-1.4

EPS

-0.68

Revenue

$65.48M

Employees

171

Why NXPL moved

NextPlat expects Q1 2026 gross margins to exceed 34%, alongside a 9% reduction in operating expenses and projected positive operating income in Q3.

About

NextPlat Corp. engages in the provision of satellite-based services and solutions for commercial, government and individual users. The company is headquartered in Hallandale Beach, Florida and currently employs 162 full-time employees. The company is operating in the e-Commerce and Healthcare sectors. Through acquisitions, joint ventures, and collaborations, the Company seeks to assist businesses in selling their goods online, domestically, and internationally. The firm operates an e-Commerce communications division offering voice, data, tracking, and Internet of Things (IoT) products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care Inc. Additionally, the Company provides a comprehensive array of Satellite Industry communication services and related equipment sales. The company also utilizes an artificial-intelligence (AI)-powered digital advertising platform service enabling it to reach consumers across social media channels.

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