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NXT Energy Narrows Q4 Loss, Reports SFD-Related Revenue
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NXT Energy Narrows Q4 Loss, Reports SFD-Related Revenue
Mar 28, 2024 5:52 AM

08:16 AM EDT, 03/28/2024 (MT Newswires) -- NXT Energy Solutions Inc. ( NSFDF ) overnight Wednesday reported a fourth-quarter net loss of $425,701, or $0.01 per diluted share, narrower than a loss of $1.5 million, or $0.02 per diluted share, a year earlier.

SFD-related revenue for the quarter ended Dec. 31, 2023, was $2.1 million. The company did not report revenue for the year-ago quarter.

As at Dec. 31, 2023, cash was about $0.40 million.

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