Brief: CareCloud Reports Third Quarter 2022 Results

Carecloud

03/11/2022 11:29

Nov 3 (Reuters) - CareCloud Inc  MTBC.O :
    * CARECLOUD REPORTS THIRD QUARTER 2022 RESULTS
    * CARECLOUD INC Q3 REVENUE FELL 12 PERCENT TO $33.7 MILLION
    * CARECLOUD INC QTRLY ADJUSTED NET INCOME OF $3.3 MILLION,
OR
$0.21 PER SHARE
    * CARECLOUD INC QTRLY GAAP NET LOSS WAS $0.18 PER SHARE
    * CARECLOUD INC - EXPECTS 2022 REVENUE TO BE IN RANGE OF
$140 -
$143 MILLION, AND ADJUSTED EBITDA TO BE IN RANGE OF $22 - $24
MILLION

Source text for Eikon:  ID:nGNX5qdGTZ 
Further company coverage:  MTBC.O 
 ((Reuters.Briefs@thomsonreuters.com;))