NASDAQ$LGMK
NXT-ID Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
NXT-ID's operating results were significantly impacted by COVID-19, but the company was close to breakeven for the first six months.
NXT-ID announced its financial results for the second quarter of 2020, which were significantly impacted by COVID-19. Despite the challenges, the company made progress in right-sizing its business and paying down its term debt facility.
- Second quarter 2020 operating results were significantly impacted by COVID-19.
- The company had made significant progress in terms of right sizing their business and paying down their term debt facility.
- The company continues to make significant progress with regards to new product development efforts.
- The company remains very optimistic about future prospects in a post COVID-19 environment.
Headline financials
Revenue & EPS history
NXT-ID · Revenue · Quarterly
$2.48M
Revenue by segment
NXT-ID · $3.21M total across 2 segments · Q1 2026
- Product$2.95M—91.9%
- Subscription$260K—8.1%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2020
+1.6%
Avg return
Earnings day
-4.8%
Avg return
5 days after
+1226774.2%
Avg return
30 days after
61%
25 / 41 earnings
Positive
+29.1%
Q3 2020
Best reaction
-29.3%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +23.5% | — | — | |
| Q3 2025 | -12.0% | -28.4% | -41.5% | |
| Q2 2025 | +0.0% | +0.0% | -25.0% | |
| Q4 2024 | +0.0% | -58.3% | -66.7% | |
| Q1 2025 | -23.6% | -40.0% | -32.0% | |
| Q3 2024 | +5.1% | -24.8% | -47.1% | |
| Q2 2024 | -17.4% | -10.3% | -1.1% | |
| Q1 2024 | +0.7% | +0.9% | -15.5% | |
| Q4 2023 | +6.0% | +4.2% | +0.0% | |
| Q3 2023 | -4.6% | -4.0% | -34.9% | |
| Q2 2023 | -8.9% | -14.2% | -13.8% | |
| Q1 2023 | -3.9% | -8.7% | -12.9% | |
| Q4 2022 | +28.3% | -0.7% | -26.3% | |
| Q3 2022 | +0.7% | +2.1% | -20.3% | |
| Q2 2022 | +13.1% | +0.8% | -13.1% | |
| Q1 2022 | -4.2% | +14.2% | -3.3% | |
| Q4 2021 | +2.3% | -5.0% | -34.7% | |
| Q4 2025 | -4.5% | -5.5% | -18.2% | |
| Q3 2021 | -3.3% | -8.0% | -26.4% | |
| Q2 2021 | +4.2% | +8.9% | -31.8% | |
| Q1 2021 | +9.5% | +1.1% | +45390961.5% | |
| Q4 2020 | -29.3% | -26.4% | -30.1% | |
| Q3 2020 | +29.1% | +13.6% | +192.4% | |
| Q2 2020 | +4.0% | -15.0% | -35.0% | |
| Q1 2020 | -2.2% | -4.3% | +3.0% | |
| Q4 2019 | -0.6% | -6.8% | +30.7% | |
| Q3 2019 | +7.4% | +16.2% | +20.9% | |
| Q2 2019 | +3.0% | +17.6% | +42.4% | |
| Q1 2019 | -9.0% | -6.0% | -19.3% | |
| Q4 2018 | +18.1% | +9.4% | -15.5% | |
| Q3 2018 | +5.1% | +6.1% | -20.2% | |
| Q2 2018 | +1.9% | +0.0% | -2.5% | |
| Q1 2018 | +0.5% | -4.4% | -20.0% | |
| Q3 2017 | +5.2% | +2.2% | -8.1% | |
| Q2 2017 | +3.8% | +2.5% | +58.0% | |
| Q1 2017 | +2.3% | -2.3% | -17.9% | |
| Q3 2016 | +5.9% | -3.5% | -12.1% | |
| Q2 2016 | +0.7% | -1.4% | -16.4% | |
| Q2 2014 | +4.2% | — | — | |
| Q4 2013 | -0.5% | — | — | |
| Q3 2013 | +5.8% | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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