BioMedNewsBreaks — NextPlat Corp (NASDAQ: NXPL, NXPLW) Issues Q4 Shareholder Update Highlighting Cost Reductions, Healthcare Expansion, and Growth Across Core Channels
NextPlat (NASDAQ: NXPL, NXPLW), a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels, issued a shareholder update detailing operational progress and strategic initiatives for the remainder of 2025. Interim CEO Charles M. Fernandez reported that the company has implemented a comprehensive restructuring plan focused on cost reduction, operational efficiency, and growth acceleration. Recent actions include realignment of NextPlat’s healthcare management team under Progressive Care’s new Vice President of Healthcare Operations, Birute Norkute, and the identification of approximately $2 million in annualized expense savings. The company also reported significant progress across its three…