NextPlat Q2 revenue falls 22% to $13.2M; net loss narrows 66% to $1.8M

NextPlat Corp

Revenue of $13.2M, down from $17.0M YoY; Healthcare Operations revenue declined $4.3M.
Net loss attributable to common shareholders improved to $1.8M ($0.07/share) from $5.3M ($0.28).
Gross margin dropped to 21.8% from 34.5%; Healthcare segment margin fell to 19.9% from 35.2%.
Operating expenses reduced to $4.7M from $16.8M; annual cost savings expected >$1M.
Cash balance $16.6M; e-Commerce connectivity revenue at record levels; Florida Sunshine launching in UK/EU.

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