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NERDS ON SITE INC. REPORTS Q3 FY2026 RESULTS: RETURN TO PROFITABILITY AND CONTINUED REVENUE MOMENTUM

TORONTO, Apr 29, 2026 (CNW Group via COMTEX) --
NERD RETURNS TO PROFITABILITY AND CONTINUED REVENUE MOMENTUM

Nerds On Site Inc. (CSE: NERD) (OTC: NOSUF)

Nerds On Site Inc. ("NOS" or the "Company") (CSE: NERD), a leading managed IT and cybersecurity services provider serving small and medium-sized enterprises across Canada and the United States, today announced its financial results for the three and nine months ended February 28, 2026.

The Company delivered continued revenue growth, improved margins, and a return to quarterly profitability, reflecting disciplined execution, a strengthening recurring revenue base, and ongoing demand for cybersecurity and managed IT services.

Q3 FY2026 Financial Highlights

For the three months ended February 28, 2026:

For the nine months ended February 28, 2026:

These results highlight meaningful operational progress and improved financial discipline across the organization.

Return to Profitability Marks Key Inflection Point

The Company's return to quarterly net profitability represents a critical milestone in its evolution.

This improvement was driven by:

Management views this quarter as an important step toward sustained profitability.

Recurring Revenue Model Driving Stability and Growth

Nerds On Site continues to benefit from its high-visibility recurring revenue model, which is foundational to its business strategy.

During the nine-month period:

This model positions the Company to generate consistent revenue while scaling efficiently across markets.

Operational Efficiency and Margin Expansion

The Company achieved significant improvements in cost structure, with SG&A reductions driven by:

Gross margin expansion to 26% in the quarter reflects:

These improvements demonstrate the Company's ability to scale profitably while maintaining service quality.

CEO Charlie Regan commented:"Our return to profitability this quarter is a defining moment for Nerds On Site. We've spent decades humanizing technology, and today we're scaling that vision across Canada and deeper into USA. This quarter's profitability is not the destinationâ?? Nerds On Site is transitioning from a growth story into a performance story. Our platform, our people, and our model are designed for a world where trust, speed, and security are everything. We believe we are still in the early innings of a very large market opportunity to deliver long-term value to our Clients and shareholders."

Market Position and Industry Tailwinds

Management believes the Company is well positioned within a rapidly evolving IT landscape:

Nerds On Site's combination of:

Outlook

Looking ahead, Nerds On Site is focused on:

Management believes that the Company's improving financial performance, combined with strong industry demand, positions it well for continued growth and value creation.

About Nerds On Site Inc.Nerds On Site Inc. is a managed IT and cybersecurity service provider delivering technology solutions to small and medium-sized enterprises across Canada and the United States. The Company operates a network of highly skilled IT professionals ("eNerds") supported by its proprietary ERP platform, enabling scalable, efficient, and customer-focused service delivery.

Forward-Looking StatementsThis press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements.

Charles ReganNERDS ON SITE INC+1 519-639-4382Email us here

SOURCE Nerds On Site Inc.

SOURCE: Nerds On Site Inc.

comtex tracking

COMTEX_478201791/2197/2026-04-29T15:04:00

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