Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CareCloud, Inc. reported the fourth quarter 2023 results: revenue $28.4 million, net income GAAP net loss of $43.7 million, EPS GAAP net loss per share for the fourth quarter 2023 was $3.00.
- Period
- the fourth quarter 2023
- Revenue
- $28.4 million
- Net income
- GAAP net loss of $43.7 million
- EPS
- GAAP net loss per share for the fourth quarter 2023 was $3.00
- Result
- reported results
Exact text from the filing
share, compared to $16.3 million or $1.07 per share in 2022 ● Adjusted EBITDA of $15.4 million, compared to $22.2 million in 2022 Fourth Quarter 2023 Highlights ● Revenue of $28.4 million, as compared to $32.5 million in Q4 2022 ● GAAP net loss of $43.7 million, compared to net income of $499,000 in Q4 2022 ● Adjusted net income of $835,000, or $0.05 per share ●
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Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
CareCloud, Inc. reported the year ended December 31, 2023 results: revenue $117.1 million, net income GAAP net loss of $48.7 million. Guidance initiated.
- Period
- the year ended December 31, 2023
- Revenue
- $117.1 million
- Net income
- GAAP net loss of $48.7 million
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
regularly review profitability and cash flow and consider when the Company is able to lift the suspension and resume paying dividends. Full Year 2023 Highlights ● Revenue of $117.1 million, as compared to $138.8 million in 2022 ● GAAP net loss of $48.7 million, compared to net income of $5.4 million in 2022 ● Adjusted net income of $4.8 million or $0.30 per
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