Nov. 14 at 10:38 PM
$NXXT Wow!
1. Explosive Revenue Growth: Net sales increased by over 227% in the quarter and over 180% for the nine months. This indicates tremendous market adoption and business expansion.
2. Improving Gross Margin: The gross margin grew by 302%, faster than the revenue.
3. Decreased Loss Per Share (LPS): The diluted loss per share significantly decreased from (
$0.71) to (
$0.12). For a growth company, this metric is often closely watched, and the decrease is a positive sign, although it is heavily influenced by the large increase in shares outstanding.