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NEW YORK - Nixxy, Inc. (NASDAQ:NIXX), a micro-cap company currently valued at $34.13 million, announced preliminary revenue projections of approximately $13.3 million for Q2 2025, according to a press release statement issued Wednesday. The projection comes as the stock trades near its 52-week low, having declined over 68% year-to-date according to InvestingPro data.
The AI-powered communications company also reported expected revenue of over $7.5 million for July 2025 and $10 million for August 2025, indicating growth in its commercial operations. This projected growth builds upon the company’s strong revenue growth of 54% over the last twelve months, though InvestingPro analysis indicates significant financial health challenges with a weak overall score.
"Our Q2 performance and strong July revenue demonstrate the accelerating demand for next generation communications infrastructure," said Mike Schmidt, CEO of Nixxy.
The company stated it plans to release a shareholder letter outlining its strategic transformation and infrastructure development that supports its communications services. This update will provide details on the platform underpinning future commercial and enterprise deployments.
Nixxy indicated it has implemented operational changes to support its evolution into an AI-driven communications and infrastructure platform, including streamlining internal systems and implementing cost efficiency measures.
The company described its business approach as focused on building a modular architecture designed to support high-volume communications while positioning itself in the AI infrastructure market.
Nixxy’s announcement noted that all revenue figures are preliminary estimates based on internal system data and have not been audited. The company cautioned that these projections do not constitute earned, invoiced, or collectible revenue under GAAP standards.
In other recent news, Nixxy, Inc. reported a notable increase in unaudited gross revenue, reaching approximately $5.2 million for May 2025, compared to $1.4 million in April 2025. This comes on the heels of Nixxy’s acquisition of assets from the Leadnova.ai platform, which aims to bolster its AI-enhanced telecom strategy. The company has also been added to the Russell 3000E Index, reflecting its growing market presence. In leadership developments, Mike Schmidt, appointed as CEO earlier this year, has now joined the board of directors, bringing over 20 years of experience in the communications industry. Additionally, Nixxy has engaged HTL International, LLC as its new independent registered public accounting firm for the fiscal year ending December 31, 2025. The appointment follows a thorough evaluation by the company’s Audit Committee. These recent developments highlight Nixxy’s strategic moves in expanding its capabilities and market reach.
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