Bullboard - Stock Discussion Forum Cloud DX Inc. V.CDX

Alternate Symbol(s): CDXFF

Cloud DX Inc. is a Canada-based remote patient monitoring company that is a Health Canada licensed, United States Food and Drug Administration registered medical device manufacturer and software developer offering a complete end-to-end virtual healthcare platform called Cloud DX Connected Health. The Company has developed and cleared through regulatory agencies a family of proprietary medical... see more

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Cloud DX Inc. > CLOUD DX Renews 11 Customer Contracts

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Post by Betteryear2 on Mar 27, 2024 9:25am

CLOUD DX Renews 11 Customer Contracts

High 2024 contract renewal rate demonstrates continued client satisfaction.

News in Summary

From January 1, 2024 to March 26, 2024 Cloud DX has renewed 11 contracts for Connected Health products and services, and hopes to renew 3 additional contracts by March 31.
Renewing customers included 3 hospitals, 2 primary care clinics, 2 family health teams, 5 community paramedic services, the Canadian Lung Health Foundation and a Provincial health department
Including orders for new Connected Health Kits and projected annual recurring revenues, completed renewals are expected to generate $1.25 million CAD revenue, of which $410,000 CAD is expected to flow in 2024.
Cloud DX has now announced 16 new contracts, renewals or purchase orders valued at over $4.0M CAD since January 1, 2024, along with new customers VHA Home HealthCare, Sanrai International and Ottawa Hospital Research Institute.

KITCHENER, ON / ACCESSWIRE / March 27, 2024 / Cloud DX (TSXV:CDX)(OTCQB:CDXFF), a leading North American provider of virtual care and remote patient monitoring platforms is pleased to announce that it hopes that 100% of clients whose contracts are expiring in the first quarter of 2024 will renew. Of 14 potential renewals, 11 are renewed as of this date with 3 more .

CLOUD DX Renews 11 Customer Contracts Valued at $1.25 Million (accesswire.com)