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2 clusters · 2 sources · 20 days · First seen · Last updated

Nerds On Site fiscal 2026 profitability

Overview

Nerds On Site Inc. reported preliminary unaudited financial results for the third and fourth quarters of fiscal year 2026, indicating a transition to consecutive profitable quarters. The company recorded a combined profit of approximately $111,000 for the second half of the year, which marks a significant improvement from the combined loss of approximately $102,000 reported during the same period in fiscal 2025.

In the third quarter, revenue increased to $3.28 million from $3.00 million in the prior-year quarter, resulting in a net profit of approximately $52,000. While fourth-quarter revenue decreased by approximately 6% to $3.36 million, the company maintained a profit of approximately $59,000.

Management attributed this improved profitability to enhanced operating efficiency and expense management. Specifically, selling, general, and administrative (SG&A) expenses were reduced by approximately 17% year-over-year in the fourth quarter, contributing to a total SG&A reduction of about $307,000 across the combined third and fourth quarters.

Entities

Wall Street Zen · Nerdy Inc. · Northland Securities · Nerds On Site Inc. · Weiss Ratings

Timeline

  1. 4 days ago

    [BUSINESS] 2 sources
    Nerds On Site reports consecutive profitable quarters for fiscal 2026

    Nerds On Site Inc. reported preliminary fiscal 2026 results showing two consecutive profitable quarters, driven by improved expense management and a significant reduction in SG&A costs.

  2. 23 days ago

    [BUSINESS] 2 sources
    Nerdy Inc. stock hits 52-week low amid analyst downgrades

    Nerdy Inc. stock hit a 52-week low amid analyst downgrades and lowered Q3 2026 earnings estimates from Northland Securities.

Sources

myotwartakultura.pl · stocktitan.net