secwatch.observer — SEC 8-K summary
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Issuer:     CareCloud, Inc. (CCLD)
CIK:        0001582982
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001493152-23-006499
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareCloud reports record FY 2022 net income of $5.4M; guides FY 2023 revenue $142-146M
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- FY 2022 revenue $138.8M (down 1% YoY); GAAP net income $5.4M (up 92% YoY).
- Adjusted EBITDA $22.2M (up $129K YoY); adjusted net income $16.3M or $1.07 per share.
- Q4 2022 revenue $32.5M (down 13% YoY); GAAP net income $499K; adjusted EBITDA $5.7M.
- FY 2023 guidance: revenue $142-146M, adjusted EBITDA $24-27M, implying ~12% organic growth.
- Record bookings in 2022 more than double prior year; new products CareCloud Remote and Wellness launched.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582982/000149315223006499/0001493152-23-006499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582982/000149315223006499/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-006499

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