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NextNRG Reports Higher Preliminary Revenue in May

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NextNRG (NXXT) on Friday reported preliminary revenue of $9.3 million in May, up from $6.6 million a year earlier.

The company said it delivered about 1.9 million gallons in May, down from about 2 million gallons a year ago.

NextNRG attributed the higher revenue to continued improvement in fleet deployment, dispatch efficiency, and route optimization.

NextNRG shares were down over 7% in early Friday trading.

Price: $0.68, Change: $-0.01, Percent Change: -1.83%

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