Cardiocomm Solutions, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 30, 2021 at 06:43 pm EDT
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CardioComm Solutions, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was CAD 153,754 compared to CAD 179,420 a year ago. Net loss was CAD 117,632 compared to CAD 45,071 a year ago. For the half year, total revenue was CAD 288,573 compared to CAD 377,445 a year ago. Net loss was CAD 175,422 compared to CAD 113,247 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.