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CloudMD Reports First Quarter 2022 Financial Performance, Q1 Revenue Rises to $41.4M, Company Says Its "On Path to Profitability and Growth"
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Victoria, BC, June 3, 2022--CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF), a healthcare technology company, announced this week its financial results for the first quarter ended March 31, 2022. Q1 2022 revenue was $41.4 million, compared to $38.7 million in Q4 2021 and $8.8 million in Q1 2021. Net loss in Q1 2022 was $5.6 million or $0.02 per share, compared to a loss of $15.1 million or $0.06 per share in Q4 2021 and a loss of $5.3 million or $0.03 per share in Q1 2021.
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