TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), an innovative health services company transforming the delivery of care, announced today that it is unable to file its audited consolidated annual financial statements and accompanying management’s discussion and analysis for the fourth quarter and year ended December 31, 2023 (the “Annual Financial Filings”) by the filing deadline of April 29, 2024
NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Maxim Group LLC, a full-service investment banking, securities and wealth management firm, and M-Vest, a digital community built for issuers, investors, and thought leaders, present the 2024 Healthcare IT Virtual Conference. The conference will take place on Wednesday, January 24th, & Thursday, January 25th, 2024, starting at 9:00 a.m. ET. We will be presenting our 2024 Healthcare IT Virtual Conference. Allen Klee, Senior Research Analyst at Maxim Grou
Net Loss of $5.8 million, the fourth consecutive quarter of profitability improvementAdjusted EBITDA1 of $0.05 million, Adjusted EBITDA positive a quarter ahead of guidanceRevenue of $23.6 million, driven by 10% year over year organic growth on a normalized basis and $2.8 million in new ARR1 in the Health and Wellness divisionGross margin above 35% for the fourth consecutive quarterCash used in Operations of $3.5 million, Adjusted net cash used in operating activities1 $0.4 million, representing