Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
CareCloud, Inc. reported the quarter ended March 31, 2026 results: revenue $31.3 million, net income $922,000, EPS ($0.01). Guidance reaffirmed.
- Period
- the quarter ended March 31, 2026
- Revenue
- $31.3 million
- Net income
- $922,000
- EPS
- ($0.01)
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in AI-powered healthcare technology and revenue cycle management solutions for medical practices and health systems nationwide, today announced financial results for the quarter ended March 31, 2026. The Company reaffirmed its previously issued financial guidance following the successful closing of a $50 million credit facility, the announced redemption of 100% of its Series B Preferred Stock, and AI product launches. Together, these milestones mark a pivotal step in CareCloud’s ongoing growth trajectory—positioning the Company to scale its AI-driven revenue and expand margins, reporting its eighth consecutive quarter of positive GAAP net income with a meaningfully simpler capital structure for the future. First Quarter 2026 Financial Highlights: ● Revenue of $31.3 million, compared to $27.6 million in Q1 2025 ● GAAP net income of $922,000, compared to a net income of $1.9 million in Q1 2025 ● Adjusted EBITD
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