secwatch.observer — SEC 8-K summary
======================================

Issuer:     CareCloud, Inc. (CCLD)
CIK:        0001582982
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001493152-22-030282
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareCloud Q3 revenue falls 12% to $33.7M; net income down; FY guidance reaffirmed
--------------------------------------------------------------------------------

- Revenue $33.7M (-12% YoY); GAAP net income $1.1M vs $1.5M in Q3 2021.
- Adjusted net income $3.3M ($0.21/share); adjusted EBITDA $4.8M vs $6.7M.
- Year-to-date revenue $106.3M (+4% YoY); adjusted EBITDA $16.6M (+3%).
- Record organic bookings: Q3 added $7.1M annual recurring revenue; YTD $14.3M.
- FY 2022 guidance reaffirmed: revenue $140-143M; adjusted EBITDA $22-24M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582982/000149315222030282/0001493152-22-030282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582982/000149315222030282/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-030282

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer