NEXE Innovations Q1 Loss Narrows to C$0.946 Million as Revenue Rises 10.8%

NEXE Innovations Inc. (NEXE.V) reported a first-quarter loss of C$0.946 million, or C$0.01 per share, narrowing from a loss of C$1.43 million, or C$0.01 per share, a year earlier. Revenue for the period rose 10.8% to C$0.133 million from C$0.120 million last year. The results are reported on a GAAP basis. Per-share losses were unchanged year over year despite the smaller net loss.