Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL, NXPLW) Highlights Turnaround Progress With Margin Expansion and Path to Profitability
NextPlat (NASDAQ: NXPL, NXPLW) announced continued progress in its turnaround strategy, citing expected lower operating expenses, improved margins and sequential performance gains in Q1 2026 driven by higher-margin contracted healthcare services. The company anticipates gross margins exceeding 34% and operating expense reductions of approximately 9% quarter over quarter, while targeting positive operating income by Q3 2026, supported by growing 340B contract activity, improved segment profitability and a solid balance sheet with approximately $11 million in cash and no unsecured debt. To view the full press release, visit: https://ibn.fm/gPJCd About NextPlat Corp. NextPlat is a global consumer products and services company…