CardioComm Solutions, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 28, 2023
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CardioComm Solutions, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was CAD 0.187528 million compared to CAD 0.285109 million a year ago. Net income was CAD 0.003526 million compared to CAD 0.059809 million a year ago.
For the six months, revenue was CAD 0.449624 million compared to CAD 0.613761 million a year ago. Net income was CAD 0.019374 million compared to CAD 0.122181 million a year ago.
CardioComm Solutions, Inc. is a Canada-based company, which develops software, hardware and core laboratory reading services related to electrocardiogram (ECG) and ambulatory arrhythmia monitoring systems for medical and consumer markets globally. The Company's specialization is in the software engineering of computer based (ECG) management and reporting software. The software permits physician interpretations of ECGs and supports private and public payer fee-for-service billings. The Companyâs device connectivity and ECG management technologies are used in medical, consumer, clinical research and telemedicine solutions for the recording, transmission, viewing, analyzing, reporting and storage of electrocardiograms, for arrhythmia screening, diagnosis, and management of cardiac patients. Its Global ECG Management Solutions (GEMS) and GlobalCardio (Cloud based GEMS) products are licensed worldwide to hospitals, ECG commercial reading services and physicians.