DMDConnect Services announces financial results for third quarter and for the nine-month period ended September 30, 2018



DMD Digital Health Connections Group Inc.
 

Montreal, QUEBEC / TheNewswire / November 29, 2018 – On November 29, 2018, DMDConnects Services Inc. (the “Company”) (formerly DMDDigital Health Connections Group Inc. (“DDHCG”)), filed its financial statements and MD&A reporting a profit of CAD$2.6 million on revenues of CAD$35.9 million for the nine-month period ended September 30, 2018.

 

During the quarter ended September 30, 2018, the Company reported a profit of CAD$0.1 million on revenues of CAD$11.3 million while for the same period in 2017, the Company had generated a profit of CAD$0.6 million on revenues of CAD$10.5 million.

 

As previously announced on October 9th, 2018, the shares of DDHCG are no longer traded on the NEX Board of the TSX-V and DDHCG has been de-listed.  The Company intends to apply to the regulatory authorities to cease to be a reporting issuer and revert to a privately-held status.

 

Complete financial statements and MD&A for the three-month and nine-month periods ended September 30, 2018 are available on SEDAR at www.sedar.com


About DMDConnects Services Inc.

The Company enables pharmaceutical, pharmaceutical marketing companies, digital advertising agencies and medical device companies to reach, message, connect and interact with US physicians and healthcare professionals via multiple access channels. Its service offerings provide targeted impressions and interactions through permission-based email, targeted on-line ad-serving, and mobile app advertising channels. Several pharmaceutical companies, agencies and healthcare organizations have adopted the Company's solutions to target, engage and interact with healthcare practitioners. For more information, visit www.dmdconnects.com.


Forward-looking statements

This news release contains forward-looking information. These statements relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management of the Company. A number of factors could cause actual events, performance or results to differ materially from the events performance and results discussed in the forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

  

For further information: André Charron, Secretary, Les Services DMDConnects inc./DMDConnects Services Inc., Tel.: 514-769-5858, acharron@dmdconnects.com

 

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