Net Medical Xpress Announces Q2 Profitability, Positive Cash Flow and Strengthened Balance Sheet on Growing Telemedicine Services

ALBUQUERQUE, NM (Marketwired Aug 17, 2015), OTCQB, NMXS Net Medical Xpress Solutions, Inc. (OTCQB: NMXS) announced today revenue for the second quarter of 2015 of $1,128,000 vs. revenue of $1,174,000 in the second quarter of 2014. The company reported net income of $29,000 or $0.00 per share versus a net loss of ($67,000) or $0.00 per share in the second quarter of last year. For the first six months of 2015, Net Medical reported revenue of $2,368,000 vs. revenue of $2,445,000 in the first half of 2014. The company reported net income of $100,000 or $0.00 per share versus a net loss of ($76,000) or $0.00 per share in the first half of last year. CEO Dick Govatski said, The results of the second quarter and the first half of 2015 reflect substantial progress of our telemedicine programs and the increasing financial health of our company. This was underscored by the 161% revenue gain in our Specialists segment with strong performances in neurological services, primary care and hospital
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