secwatch.observer — SEC 8-K summary
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Issuer:     CareCloud, Inc. (CCLD)
CIK:        0001582982
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001641172-25-008747
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CareCloud Q1 revenue up 6% to $27.6M; GAAP net income of $1.9M vs loss year ago
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- Adjusted EBITDA of $5.6M (+52% YoY); adjusted net income $2.3M ($0.05/sh).
- AI Center of Excellence launched with 50 professionals; target 500 by Q4 2025.
- Converted 3.5M Series A preferred shares into 26M common, cutting annual dividend ~$7.7M.
- Two strategic acquisitions closed in March and April 2025; more under evaluation.
- FY2025 guidance reaffirmed: revenue $111-114M, adj EBITDA $26-28M, EPS $0.10-0.13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582982/000164117225008747/0001641172-25-008747-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582982/000164117225008747/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-008747

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