QualityStocksNewsBreaks – Nextech AR Solutions Corp. (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) Releases Q1 2021 Financial Report
Nextech AR Solutions (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a diversified provider of augmented reality (“AR”) and digital experience technologies and solutions for ecommerce, education, advertising, conferences and events, has announced its Q1 2021 financial results for the period ending March 31, 2021. In addition, the company provided an update on its Nextech AR LiveX platform, which is expected to generate an estimated $6 million in annual cost savings. First-quarter highlights included revenue reaching $7.7 million, an increase of more than 200% compared to Q1 2020; gross profit totaling $3.3 million, an increase of some 280% over the $1.4 million…