NXT-ID (NXTD) Reports Q1 Net Loss of $730K

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NXT-ID, Inc. Announces Results for the Quarter Ended March 31, 2017

May 16, 2017 4:30 PM EDT

MELBOURNE, Florida, May 16, 2017 /PRNewswire/ --

NXT-ID, Inc. (NASDAQ: NXTD) ("NXT-ID" or the "Company"), a security technology company, is pleased to report its financial and operating results for the first quarter ended March 31, 2017.

Gino Pereira, Chief Executive Officer of NXT-ID said, "This quarter is a milestone for the Company with significant revenue growth due to LogicMark's sales in the personal emergency response (PERS) market and significant shipments of the Flye smart card to World Ventures Holdings ("WVH"), a related party, in anticipation of their roll-out to their global membership. In... More