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

Carecloud

06/08/2021 18:50

* CareCloud Inc  MTBC.OQ  reported a quarterly adjusted loss
of 27 cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for a loss
of 28 cents per share.
* Revenue rose 74% to $34.07 million from a year ago;  analysts
expected $32.02 million. 
* CareCloud Inc's reported EPS for the quarter was a loss of 27
cents​.
* The mean earnings estimate of analysts had fallen by
about 0.3% 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 risen by 3.8% this quarter and
lost 3.6% so far this year.
* The company reported a quarterly loss of $3.87 million.
* Wall Street's median 12-month price target for CareCloud Inc
is $15.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 6 at 05:50 p.m.  ​All
figures in US dollars unless otherwise stated