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GlobeNewswire·

CloudMD Reports Q2 2022 Financial Performance; New Leadership Enforces Strategic Priorities to Drive Further Cost Optimization and Profitability

Q2 2022 revenue of $40.3 million, an increase of 157% over the same period in 2021. Q2 2022 gross margin of 31.0%1 compared to 35.5% in Q2 2021. Q2 2022 Adjusted EBITDA2 loss of $3.2 million compared to a loss of $0.6 million in Q2 2021. Net loss of $