Nixxy (NASDAQ:NIXX) Issues Earnings Results, Beats Expectations By $0.17 EPS

Posted by Stanley Muller on May 15th, 2026

Nixxy (NASDAQ:NIXX – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.17, FiscalAI reports. Nixxy had a negative net margin of 7.87% and a negative return on equity of 69.03%. The firm had revenue of $29.09 million during the quarter, compared to analysts’ expectations of $6.77 million.

Nixxy Trading Up 1.9%

NASDAQ:NIXX traded up $0.01 on Friday, reaching $0.59. The stock had a trading volume of 742,228 shares, compared to its average volume of 796,916. The company has a 50-day moving average of $0.73 and a 200 day moving average of $0.89. The stock has a market cap of $15.89 million, a P/E ratio of -1.16 and a beta of 0.29. Nixxy has a 12-month low of $0.47 and a 12-month high of $2.47.

Hedge Funds Weigh In On Nixxy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its position in Nixxy by 15.5% in the 4th quarter. Geode Capital Management LLC now owns 228,701 shares of the company’s stock valued at $220,000 after buying an additional 30,696 shares during the last quarter. Jane Street Group LLC purchased a new position in Nixxy in the 4th quarter valued at about $121,000. Virtu Financial LLC purchased a new position in Nixxy in the 4th quarter valued at about $40,000. Finally, XTX Topco Ltd boosted its position in Nixxy by 114.1% in the 4th quarter. XTX Topco Ltd now owns 36,252 shares of the company’s stock valued at $35,000 after buying an additional 19,320 shares during the last quarter. 13.14% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Nixxy from a “hold” rating to a “sell” rating in a research report on Saturday, March 14th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Nixxy presently has a consensus rating of “Sell”.

Check Out Our Latest Report on Nixxy

Nixxy Company Profile

(Get Free Report)

Nixxy Inc operates an on-demand recruiting platform which aims to deliver the right talent to both small and large businesses. It provides employers access to independent recruiters and utilizes an innovative web platform, with integrated AI-driven candidate to job matching and video screening software to source qualified talent. Nixxy Inc, formerly known as Recruiter.com Group Inc, is based in Bristol, CT.