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(NASDAQ: NIXX) posted second-quarter revenue of $42 million, clearing Wall Street expectations by roughly $6 million and lifting its full-year forecast, the company said Tuesday.
The figure represents a 38% increase from the same period a year earlier. Analysts had projected $36 million in revenue for the quarter, according to consensus estimates.
Guidance Raised For the full fiscal year, Nixxy set a revenue target of $160 million to $170 million, up from prior guidance.
The company did not specify the magnitude of the increase from its previous outlook in the release.
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