---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-019075"
form_type: "8-K"
ticker: "CCLD"
cik: "0001582982"
company_name: "CareCloud, Inc."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:49:41.567509+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CareCloud Q1 revenue $26M, posts positive GAAP operating income for first time since 2022

## Summary
- Revenue $26.0M (-13% YoY); GAAP operating income $129K vs loss $223K in Q1 2023.
- GAAP net loss ($241K) or $(0.02) per share, improved from ($401K) or $(0.28) YoY.
- Adjusted EBITDA $3.7M vs $4.2M; free cash flow $2.2M vs ($2.0M) YoY.
- Annualized cost reductions identified ~$22M since Oct 2023; $15M expected in 2024.
- Reiterated FY2024 guidance: revenue $118-120M, adjusted EBITDA $21-23M.

## SEC filing metadata
- accession: 0001493152-24-019075
- form_type: 8-K
- ticker: CCLD
- cik: 0001582982
- company_name: CareCloud, Inc.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582982/000149315224019075/0001493152-24-019075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582982/000149315224019075/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-019075
- JSON: https://secwatch.observer/filing/0001493152-24-019075.json
- Plain text: https://secwatch.observer/filing/0001493152-24-019075.txt

## Key facts
- Earnings Releases
  CareCloud, Inc. reported the three months ended March 31, 2024 results: revenue $26.0 million, net income ($241,000) or $(0.02) per share. Guidance reaffirmed.
  - Period: the three months ended March 31, 2024
  - Revenue: $26.0 million
  - Net income: ($241,000) or $(0.02) per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: and health systems nationwide, today announced financial and operational results for the three months ended March 31, 2024. First Quarter 2024 Financial Highlights ● Revenue of $26.0 million, as compared to $30.0 million in Q1 2023 ● GAAP operating income of $129,000, as compared to operating loss of ($223,000) in Q1 2023 ● GAAP net loss of ($241,000) or $(0.02)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1582982/000149315224019075/0001493152-24-019075-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.