Legacy Product PerformanceLegacy scheduling solution ANSOS revenue declined 15% y/y without any conversions to the newer ShiftWizard product, posing a potential headwind to revenue growth.
Product DevelopmentThe company needs to develop additional functionality for ShiftWizard, its cloud-based scheduling platform, before it can generate meaningful demand from large healthcare organizations.
RevenueThe company reported Q2/24 revenue of $71.6 million, which was 2% less than the forecast and consensus expectations.