Jaw Dropping Plane Passengers Don't Know How To BehaveCloudMD Reports Second Quarter 2023 CloudMD Continues to Drive Execution with Adjusted EBITDA Approaching Breakeven
Adjusted EBITDA1 loss of $0.7 million. This was CloudMD’s third consecutive quarter of improving Adjusted EBITDA, representing a $2.5 million improvement year over year.Gross Margin of 38.2%, a 510 bps increase over the comparable period in 2022 and a 130 bps increase over Q1 2023.On August 23rd, 2023, CloudMD announced the signing of a significant contract to provide Remote Patient Monitoring to a major U.S.
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