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PatientSky Group AS Implements Cost Reductions Amidst Challenges

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PatientSky Group AS Implements Cost Reductions Amidst Challenges

An update from PatientSky Group AS ( (DE:P99) ) is now available.

PatientSky Group AS faced a challenging period with promising KPIs from Uniscale’s commercialization in the third quarter, but struggled with long-term customer conversion. To protect shareholder value, the company implemented significant cost reductions, including shutting down commercial efforts, reducing staff, and filing for bankruptcy in its Danish subsidiary. The financial accounts were heavily impacted by these actions, and the CodeLab board is seeking strategic solutions for Uniscale and potentially CodeLab.

More about PatientSky Group AS

CodeLab Capital is an investment company that supports tech companies with strategy, capital, and network, focusing on sustainable growth with a positive global impact. It is listed on Euronext Growth.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €2.04M

See more data about P99 stock on TipRanks’ Stock Analysis page.

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