{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-026514","form_type":"8-K","ticker":"CCLD","cik":"0001582982","company_name":"CareCloud, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.430222+00:00","generated_at":"2026-06-12T08:18:44.226766+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CareCloud Q2 revenue falls 21% to $29.4M; net loss $1.8M; lowers FY guidance","bullets":["Revenue $29.4M, down 21% YoY from $37.2M; adjusted EBITDA $3.8M vs $7.0M in Q2 2022.","GAAP net loss $1.8M vs income $2.7M; adjusted net income $1.4M ($0.09 per share).","Full-year 2023 guidance lowered: revenue $120-122M, adjusted EBITDA $15-17M.","CEO cites slower CareCloud Wellness rollout and soft professional services; Middle East expansion and Google AI partnership expected growth catalysts for 2024+.","Cash $7.7M, net working capital $8.2M; YTD cash from operations $7.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-026514","json":"https://secwatch.observer/filing/0001493152-23-026514.json","markdown":"https://secwatch.observer/filing/0001493152-23-026514.md","text":"https://secwatch.observer/filing/0001493152-23-026514.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1582982/000149315223026514/0001493152-23-026514-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1582982/000149315223026514/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T08:18:44.226766+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"138aacd15dd4c73fb7ef13c0d7ea3f1cab574054","claim":"CareCloud, Inc. reported the fiscal year ending December 31, 2023 results: revenue $120 – $122 million. Guidance reaffirmed.","evidence_excerpt":"CareCloud is updating its forward-looking guidance for the fiscal year ending December 31, 2023: For the Fiscal Year Ending December 31, 2023 Forward-Looking Guidance Revenue $120 – $122 million Adjusted EBITDA $15 – $17 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582982/000149315223026514/0001493152-23-026514-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ending December 31, 2023"},{"label":"Revenue","value":"$120 – $122 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"523ae60e5efc4da71a43ac0a4f666336cb8c887a","claim":"CareCloud, Inc. reported the first six months of 2023 results: revenue $59.4 million, net income GAAP net loss was $2.2 million, EPS $0.24 per share.","evidence_excerpt":"Revenue for the first six months of 2023 was $59.4 million, compared to $72.6 million in the first six months of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582982/000149315223026514/0001493152-23-026514-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first six months of 2023"},{"label":"Revenue","value":"$59.4 million"},{"label":"Net income","value":"GAAP net loss was $2.2 million"},{"label":"EPS","value":"$0.24 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e2c2f94cb58a33c382fdfa3741f1855f8319198b","claim":"CareCloud, Inc. reported the quarter ended June 30, 2023 results: revenue $29.4 million, net income GAAP net loss was $1.8 million, EPS $0.09 per share.","evidence_excerpt":"East and the widespread adoption of our CareCloud Wellness solutions, we are excited about the growth prospects for our Company.” Second Quarter 2023 Highlights ● Revenue of $29.4 million, 21% decline from Q2 2022 ● GAAP net loss of $1.8 million, compared to a net income of $2.7 million in Q2 2022 ● Adjusted net income of $1.4 million, or $0.09 per share ●","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1582982/000149315223026514/0001493152-23-026514-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$29.4 million"},{"label":"Net income","value":"GAAP net loss was $1.8 million"},{"label":"EPS","value":"$0.09 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}