Nerds On Site reports record 3Q revenue of C$2.8 million
Nerds On Site Inc (CSE:NERD) (OTCQB:NOSUF) is reporting record revenue of C$2.8 million for its third quarter.
The mobile IT solutions company that services small and medium-sized enterprises in Canada and the US noted it had banked revenue of C$2.7 million in the year-ago quarter.
READ: Nerds On Site partners with Staples Canada to launch Nerds On Site for Business to support small businesses with IT and cybersecurity services
Other financial highlights for the quarter ended February 28 include:
- Reduced net loss to C$76,839, compared to C$206,947 during the same period in 2020.
- Reduced operating expenses to C$822,749 from C$1,054,051 in the year-ago period.
“We have been building NERD from the ground-up with our franchise model delivering consistent and stable revenues in each quarter,” said CEO Charlie Regan in a statement.
“Our strategy of providing IT solutions to small business owners and residential clients has proven so successful that we recently signed a country-wide partnership with Staples Canada. We believe that 2021 is a breakthrough year for the company as we are well on the path towards profitability in the second half of the year.”
Contact the author: [email protected]
Follow him on Twitter @PatrickMGraham
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/948122/nerds-on-site-reports-record-3q-revenue-of-c28-million-948122.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
| Online: | |
| Visits: | 1,599,283,233 |
| Stories: | 8,138,630 |
Whistler Blowers, Insiders
