Nextech3D.AI (OTCMKTS:NEXCF) Posts Earnings Results, Meets Expectations

Nextech3D.AI (OTCMKTS:NEXCF) issued its quarterly earnings results on Friday. The company reported ($0.01) EPS for the quarter, hitting analysts’ consensus estimates of ($0.01), Zacks reports. Nextech3D.AI had a negative return on equity of 7,225.80% and a negative net margin of 336.36%. The firm had revenue of $0.21 million for the quarter, compared to analysts’ expectations of $1.02 million.

Nextech3D.AI Stock Down 3.3 %

NEXCF stock opened at $0.04 on Friday. Nextech3D.AI has a 12-month low of $0.02 and a 12-month high of $0.23. The stock’s 50 day simple moving average is $0.04 and its 200 day simple moving average is $0.05.

Analyst Ratings Changes

Separately, HC Wainwright reissued a “buy” rating and issued a $0.25 price target on shares of Nextech3D.AI in a research report on Wednesday, December 4th.

About Nextech3D.AI

Nextech3D.AI Corporation provides augmented reality technologies, wayfinding technologies, and 3D model services. It focuses on creating 3D WebAR photorealistic models for the prime ecommerce marketplace, as well as other online retailers. The company was formerly known as NexTech AR Solutions Corp. and changed its name to Nextech3D.AI Corporation in September 2023.