NewsHK
HONG KONG, July 14 — A 17% revenue beat against Wall Street consensus was enough to push Nixxy Inc.
(NIXX) to a 52-week peak of $0.68 on Monday, a modest price point that nonetheless carries outsized symbolic weight: the company has not posted a positive operating margin since it tore itself apart in a 2024 restructuring.
That streak ended with the latest quarterly print.
Operating margin came in at 4.2%, a figure that signals the cost surgery undertaken eighteen months ago is beginning to yield returns rather than merely reduce headcount.
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