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CLOUD DX INC - CDXFF STOCK NEWS

Welcome to our dedicated page for CLOUD DX news (Ticker: CDXFF), a resource for investors and traders seeking the latest updates and insights on CLOUD DX stock.

Cloud DX (CDXFF) is a prominent North American digital health platform and provider of remote patient monitoring solutions. The company saw a significant increase in total revenue, subscription revenue, and gross profit in FY2023. Cloud DX offers a Connected Health remote patient monitoring platform that is used by healthcare enterprises to manage chronic diseases, enable aging in place, and deliver post-surgical care at home. The company has secured multiple contracts with provincial health authorities in Canada, including Ontario, Yukon, Prince Edward Island, and British Columbia, highlighting its growing presence in the digital healthcare space.

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Cloud DX reports strong financial performance in H1 2023 with significant increases in subscription revenue, total revenue, and gross profit compared to H1 2022.
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Cloud DX to release Q2-2023 financial results on August 29, 2023
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Cloud DX (TSXV:CDX)(OTCQB:CDXFF) reports a 50% increase in the deployment of Connected Health™ Remote Patient Monitoring (RPM) products and services, expecting to enroll up to 500 new patients per year and generate $90,000 CAD in additional revenue. The expansion order replaces the services of a previous vendor and adds post-operative monitoring to the existing deployment for chronic disease management, bringing the total value of this deployment to approximately $260,000 CAD. The Company expects to double its sales performance from 2022 with 19 new contracts or expansions announced in 2023.
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FAQ

What is the current stock price of CLOUD DX (CDXFF)?

The current stock price of CLOUD DX (CDXFF) is $0.084 as of May 30, 2024.

What is the market cap of CLOUD DX (CDXFF)?

The market cap of CLOUD DX (CDXFF) is approximately 8.7M.

What is Cloud DX?

Cloud DX is a North American digital health platform and provider of remote patient monitoring solutions.

What are some key highlights of Cloud DX's performance?

Cloud DX saw a significant increase in total revenue, subscription revenue, and gross profit in FY2023.

What products does Cloud DX offer?

Cloud DX offers a Connected Health remote patient monitoring platform used by healthcare enterprises to manage chronic diseases, enable aging in place, and deliver post-surgical care at home.

Which provincial health authorities in Canada has Cloud DX partnered with?

Cloud DX has secured contracts with provincial health authorities in Ontario, Yukon, Prince Edward Island, and British Columbia, showcasing its expanding presence in the digital healthcare sector.

What is the mission of Cloud DX?

Cloud DX is on a mission to make healthcare better for everyone by providing efficient remote patient monitoring solutions that improve healthcare outcomes and reduce delivery costs.

CLOUD DX INC

OTC:CDXFF

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8.67M
59.65M
38.3%
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