NextPlat Corp Reports Q1 Revenue Decrease, Net Loss Improvement

Friday, May 16, 2025 10:09 pm ET1min read

NextPlat Corp reported Q1 revenue of $14.5mln, down from $17.5mln YoY. Net loss decreased to $1.3mln, from $1.7mln YoY. E-commerce revenue was $3mln, while healthcare revenue was $11.5mln. The company plans to expand its satellite services and healthcare operations to drive future growth.

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