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

Carecloud

03/11/2022 13:34

* CareCloud Inc  MTBC.OQ  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for a loss of 18
cents per share.
    * Revenue fell 12% to $33.72 million from a year ago;
analysts
expected $34.13 million. 
    * CareCloud Inc's reported EPS for the quarter was a loss
of 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 146.7% 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 1.4% this quarter and
lost 34.8% so far this year.
    * The company reported a quarterly loss of $2.79 million.
    * Wall Street's median 12-month price target for CareCloud
Inc is
$10.00 
    * 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 from Refinitiv data November
3 at 01:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.18          -0.18          Met
 Jun. 30 2022      -0.18          -0.07          Beat
 Mar. 31 2022      -0.27          -0.19          Beat
 Dec. 31 2021      -0.17          -0.01          Beat