CareCloud Inc reports results for the quarter ended in December - Earnings Summary

Carecloud

14/03/2022 13:31

* CareCloud Inc  MTBC.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 17
cents per share.
    * Revenue rose 16.9% to $37.46 million from a year ago; 
analysts
expected $37.13 million. 
    * CareCloud Inc's reported EPS for the quarter was a loss of
1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 9% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * CareCloud Inc shares had fallen by 19.5% this quarter.
    * The company reported a quarterly loss of $122 thousand.
    * Wall Street's median 12-month price target for CareCloud
Inc is
$17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 14 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated