CompuMed, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2021
August 16, 2021 at 06:18 pm
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CompuMed, Inc. reported earnings results for the third quarter and nine months ended June 30, 2021. For the quarter, the company reported total revenue of $1,763,854 against $1,137,269 a year ago. Operating profit was $250,509 against $100,107 a year ago.
For the nine months, the company reported total revenue of $4,865,056 against $4,004,240 a year ago. Operating profit was $518,139 against $284,073 a year ago.
CompuMed, Inc. provides diagnostic telemedicine solutions. Its telecardiology and teleradiology solutions provide direct access to United States Board-Certified specialists through cloud-based technology and integrated medical devices. Its solutions support the diagnosis and treatment of high incidence diseases, including cardiovascular disease. It has established a network for remote electronic processing of electrocardiograms (ECGs), echocardiograms, ultrasound studies and X-rays. It has also created an electronic telemedicine infrastructure to link clinical diagnostic equipment data collected at the patientâs point of care with top specialists. It also provides real-time access to specialists for consultations. It is also providing single lead ECG interpretations for the consumer market through a handheld device. Its services are available 24 hours a day, seven days per week. It contracts with certain partners to develop diagnostic systems, which support its telemedicine workflow.