NextPlay Technologies up on posting strong Q3 revenue

Nextplay Technologies

14/01/2022 11:58

** Shares of technology solutions co  NXTP.O  up 29.8% at
$0.87 premarket - set to snap two straight sessions of declines
    ** NXTP on Thursday posted Q3 revenue of $4.2 mln versus no
revenue last year; revenue up 59% sequentially  urn:newsml:reuters.com:*:nGNX5Zxmh7
    ** Says, increase in revenue was primarily result of co's
recent acquisitions
    ** Net loss attributable to co was $9.06 mln during Q3,
compared to net loss of $0.5 mln, a year ago
    ** Stock had fallen ~62% last year


    

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))