---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-031462"
form_type: "8-K"
ticker: "CCLD"
cik: "0001582982"
company_name: "CareCloud, Inc."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:42:27.875368+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CareCloud Q2 GAAP net income $1.7M, first positive since 2022; adj EBITDA up 67%

## Summary
- GAAP net income $1.7M in Q2 2024 vs net loss $1.8M in Q2 2023; adj net income $3.0M ($0.18/sh).
- Adjusted EBITDA $6.4M (23% of revenue), up 67% from $3.8M in Q2 2023.
- Revenue $28.1M, down 4% from $29.4M; H1 revenue $54.1M vs $59.4M.
- H1 free cash flow $4.9M, up 265% from $1.3M; credit facility balance cut to $2.5M (10% drawn).
- Identified ~$26M in annualized expense reductions since Oct 2023, $20M expected this year.

## SEC filing metadata
- accession: 0001493152-24-031462
- form_type: 8-K
- ticker: CCLD
- cik: 0001582982
- company_name: CareCloud, Inc.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582982/000149315224031462/0001493152-24-031462-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582982/000149315224031462/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-031462
- JSON: https://secwatch.observer/filing/0001493152-24-031462.json
- Plain text: https://secwatch.observer/filing/0001493152-24-031462.txt

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