12/28/2023 0 Comments Doc stockWe estimate opex as a percentage of sales at ~43 per cent versus ~45 per cent sequentially,” he wrote.įor the full 2023, Agostino is modelling sales of $115.0 million and EBITDA of negative $4.6 million. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) (the Company or CloudMD), an innovative health services company transforming the delivery of care, announced today that John Plunkett is transitioning to a new role as EVP, Corporate Development and Integration. We continue to expect positive EBITDA by Q4/23. VANCOUVER, British Columbia, J(GLOBE NEWSWIRE) - CloudMD Software & Services Inc. “As noted on the Q4 call, DOC has started actioning an additional $4 million in annualized cost savings starting in Q2/23 along with $1 million in Q1/23 the latter should benefit Q1 as well. Driving the news: The Centers for Medicare and Medicaid Services on Thursday proposed increasing payment for hospital outpatient services by 2. Gross margins are expected to be flat sequentially at 35.0 per cent and reflective of a better sales mix and improvement in service delivery costs and improvement in iCBT gross margins in the Employee Assistance Program market in both Canada and the US, according to Agostino. On earnings, the analyst is calling for an adjusted EBITDA loss of $2.1 million, which would be a sequential improvement, reflecting continued cost optimization efforts on DOC’s part. not matter when passing values to a parameter unless specified in the docs. “We look for Enterprise Health Solutions (EHS) revenue to be $21.2 million, down ~19 per cent year-over-year which includes a ~$2 million lower year-over-year run rate at MindBeacon from completed contracts along with the impact from the conclusion of one-time mandates including COVID-19 testing contracts in the prior year, partially offset by new Ontario Health multi-year contracts,” Agostino wrote. Or if youre using free real-time stock prices from IEX, you would use a.
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