Net Medical Q1 Correction. Audited Net Income $744,000

ALBUQUERQUE, NM / ACCESSWIRE / May 12, 2022 / Net Medical Xpress (OTC Pink:NMXS) announced today a correction from its previously reported unaudited financial results for the first fiscal quarter ended March 31, 2022.

The first quarter net income reported on an audited basis was $744,000, up from the previously reported unaudited net income for the quarter of $577,152. There was no change in the previously reported revenue of $1,907,000.

For more information, call 505-255-1999 X 320. Visit Email [email protected]

About Net Medical – publicly traded (OTC Pink:NMXS) since 1999.

Net Medical has two operating units. Net Medical Labs is a moderate complex CLIA certified lab that specializes in virus testing and diagnostics. The company’s mobile fleet of vans provide COVID and flu testing in New Mexico for schools, companies, homeless shelters and nursing homes. The company provides a unique Test-To-Treat program for home and office care that combines both diagnostic and pharmaceutical services that are particularly valuable in rural communities. The lab also serves as a reference lab for physician offices and other facilities that lack services for complex virus diagnostics. Net Medical Xpress provides telemedicine solutions for hospitals, nursing homes, specialty hospitals and other medical facilities. The company maintains a 24/7/365 call center, software developers and telemedicine platforms.

Forward-Looking Statements. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are the company’s current expectations about future events and can be identified by terms such as “plans,” “expect,” “may,” “anticipate,” “intend,” “should be,” “will be,” “is likely to,” “believes,” and similar expressions referring to future periods. The company believes any expectations reflected in the forward-looking statements are reasonable but cannot guarantee future results, level of activity, performance or achievements. Actual results may differ materially from those expressed or implied in the forward-looking statements.

SOURCE: Net Medical Xpress Solutions, Inc.

View source version on

Christin Hakim

Next Post

Bitcoin is increasingly acting like just another tech stock

Thu May 12 , 2022
Written by: David Yaffe-Bellany Bitcoin was conceived more than a decade ago as “digital gold,” a long-term store of value that would resist broader economic trends and provide a hedge against inflation. But bitcoin’s crashing price over the past month shows that vision is a long way from reality. Instead, […]

You May Like