YSX Tech Co Ltd (NASDAQ:YSXT) shares jumped 14.10% to $0.80 in after-hours trading on Tuesday.
The surge in the late session reverses an intraday decline of 0.53%, which closed the stock of the Chinese business solutions provider at $0.70, according to the Benzinga Pro data.
The stock movement came after the company released its fiscal 2026 earnings report for the year ended Mar. 31. Total revenue increased 16.8% year over year to $83.5 million, supported by a 28.8% increase in service volumes.
Margins Squeezed as Net Income Falls
Despite the revenue growth, net income declined 30.3% to $2.8 million from $4.0 million a year earlier. This decline was driven by a decrease in gross margin, which fell to 8.6% from 10.3% as the company shifted toward higher-volume, lower-margin contracts.
