Stocks to Watch Based on this, it's a $1.8M beat on revenue. GLTA
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.
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CloudMD Software & Services Inc. (DOC-X) reported first-quarter revenue of $41.4-million, compared to $8.8-million a year ago, driven by acquisitions. The result was above expectations of $39.6-million, according to S&P Captial IQ.
The company’s net loss was $5.6-million or 2 cents per share compared to a loss of $5.3 million or 3 cents per share a year ago. “The year over year increase in net loss was primarily due to additional expenses incurred to support the company’s growth strategy, including acquisition integration costs,” it stated.