Nerds On Site Returns to Profitability, Posts 9% Revenue Growth in Q3
NOSUF has more than doubled off its 52-week low of $0.011.
Summary
Nerds On Site Inc. reported strong Q3 FY2026 financial results, highlighted by a significant return to net profitability with $51,877 in net income, compared to a loss in the prior year. The company also achieved a 9% year-over-year revenue increase to $3.28 million, alongside improved gross margins to 26% and a 16% reduction in SG&A expenses. This turnaround signifies a critical operational inflection point, driven by enhanced cost management and a strengthening recurring revenue base. The positive performance and management's focus on sustained profitability and expansion into the U.S. market position the company for continued growth.
At the time of this announcement, NOSUF was trading at $0.03 on OTC in the Technology sector, with a market capitalization of approximately $2.7M. The 52-week trading range was $0.01 to $0.17. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.