CareCloud (NASDAQ:CCLD) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

CareCloud (NASDAQ:CCLD) posted its earnings results on Thursday. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01), Zacks reports. CareCloud had a net margin of 7.87% and a return on equity of 24.10%. The business had revenue of $31.27 million during the quarter, compared to analyst estimates of $30.51 million.

Here are the key takeaways from CareCloud’s conference call:

• CareCloud is reaffirming 2026 guidance with revenue of $128M–$132M, adjusted EBITDA of $29M–$31M and GAAP EPS of $0.20–$0.23, signaling management confidence in the year ahead.
• The company’s AI portfolio is commercializing: stratusAI Desk Agent is in full release and reportedly handling approximately 75% of inbound calls for early adopters, with cirrusAI Notes and AI prior-authorization/coding in the pipeline.
• CareCloud closed a new $50 million credit facility ( $40M term / $10M revolver ), established an ATM for optionality, and pre-funded the May 15 redemption of Series B preferred (≈$41.6M), aiming to remove the preferred overhang with no common dilution.
• Near-term GAAP results are pressured by the Medsphere integration and higher intangible amortization—Q1 GAAP net income fell to about $0.9M and free cash flow declined to $2.4M, though adjusted EBITDA and adjusted EPS were roughly flat year-over-year.
• Management expects margin improvement as Medsphere platforms are modernized to cloud, AI is deployed internally and across products, and cross-sell into hospital customers ramps—these benefits are forward-looking and dependent on successful integration.

CareCloud Price Performance

Shares of NASDAQ CCLD traded down $0.11 during mid-day trading on Friday, reaching $2.36. The company had a trading volume of 1,868,985 shares, compared to its average volume of 640,554. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.01. The stock has a market cap of $100.28 million, a PE ratio of 21.46 and a beta of 1.60. The company has a 50-day moving average price of $3.08 and a two-hundred day moving average price of $2.99. CareCloud has a 1-year low of $1.84 and a 1-year high of $4.01.

Institutional Trading of CareCloud

Hedge funds have recently bought and sold shares of the company. HRT Financial LP purchased a new stake in CareCloud during the fourth quarter valued at about $43,000. Centiva Capital LP purchased a new stake in CareCloud during the third quarter valued at about $47,000. American Century Companies Inc. purchased a new stake in CareCloud during the second quarter valued at about $78,000. Man Group plc purchased a new stake in CareCloud during the fourth quarter valued at about $84,000. Finally, Qube Research & Technologies Ltd purchased a new stake in CareCloud during the third quarter valued at about $87,000. 10.16% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on CCLD. Weiss Ratings reiterated a “hold (c-)” rating on shares of CareCloud in a research report on Friday, March 27th. Wall Street Zen cut shares of CareCloud from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $3.25.

CareCloud Company Profile

CareCloud, Inc is a healthcare technology company that provides cloud-based practice management, electronic health record (EHR) and revenue cycle management (RCM) solutions to medical practices and health systems. Its flagship offering, the CareCloud Central platform, combines clinical, financial and administrative workflows into a single, unified system. The platform includes modules for scheduling, billing, coding, patient engagement and telehealth, enabling practices to streamline front- and back-office operations and improve overall practice performance.

Founded in 2009 and headquartered in Miami Beach, Florida, CareCloud serves small to mid-size physician groups and specialty clinics across the United States.