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Bullboard - Stock Discussion Forum CloudMD Software & Services Inc DOCRF


Primary Symbol: V.DOC

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for... see more

TSXV:DOC - Post Discussion

CloudMD Software & Services Inc > Things are Looking Up!!...
View:
Post by butchtennis on Aug 28, 2023 7:36am

Things are Looking Up!!...

Well, they have made improvements....they have cut their losses in half....improved margins....a slight uptick in revenue....the new contract with US hospitals should improve revenue going forward....cash flow remains stable.
 
To conclude, the company will survive....no chance of going out of business.
Comment by butchtennis on Aug 28, 2023 1:36pm
The market is generally reacting in a positive way to the latest quarter. The bottom is clearly in. Things should gradually improve from here. It is encouraging for long-term investors. Stay tune and stay positive!!!
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