secwatch.observer — SEC 8-K summary
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Issuer:     CareCloud, Inc. (CCLD)
CIK:        0001582982
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0001493152-25-010132
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareCloud reports FY2024 net income $7.9M vs loss $48.7M; guides FY2025 EBITDA $26-28M
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- FY2024 GAAP net income $7.9M vs net loss $48.7M in 2023; revenue $110.8M (down from $117.1M).
- Adjusted EBITDA $24.1M (+56% YoY); free cash flow $13.2M (+244% YoY).
- Q4 2024: GAAP net income $3.3M; adjusted EBITDA $7.1M (73% YoY increase).
- Converted 3.5M Series A preferred shares into 26M common shares; annual dividend burden reduced by $7.7M.
- FY2025 guidance: revenue $111-114M, adjusted EBITDA $26-28M, EPS $0.10-0.13 per diluted share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582982/000149315225010132/0001493152-25-010132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582982/000149315225010132/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-010132

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer