Cardiocomm Solutions, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 27, 2020 at 06:15 pm EST
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CardioComm Solutions, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was CAD 185,645 compared to CAD 249,180 a year ago. Net loss was CAD 14,051 compared to CAD 105,029 a year ago. For the nine months, total revenue was CAD 563,089 compared to CAD 667,681 a year ago. Net loss was CAD 126,913 compared to CAD 379,873 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.
CARDIOCOMM SOLUTIONS, INC. 
