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

Carecloud

06/05/2021 16:17

* CareCloud Inc  MTBC.OQ  reported a quarterly adjusted loss
of 36 cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 39 cents per share.
* Revenue rose 36.1% to $29.77 million from a year ago​; 
analysts expected $29.39 million.
* CareCloud Inc's reported EPS for the quarter was a loss of 36
cents​.
* The mean earnings estimate of analysts had fallen by
about 23.6% 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 7.9% this quarter and
lost 15.7% so far this year.
* The company reported a quarterly loss of $5.09 million.
* Wall Street's median 12-month price target for CareCloud Inc
is $16.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 6 at 03:17 p.m. GMT. ​All
figures in US Dollars.​