CareCloud Inc reports results for the quarter ended June 30 - Earnings Summary
CareCloud Inc reports results for the quarter ended June 30 - Earnings Summary
CareCloud Inc CCLD.OQ reported quarterly adjusted earnings of 6 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of three analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 5 cents to 9 cents per share.
Revenue rose 16.4% to $31.88 million from a year ago; analysts expected $31.85 million.
CareCloud Inc's reported EPS for the quarter was breakeven results.
The company reported quarterly net income of $181 thousand.
CareCloud Inc shares had risen by 19.8% this quarter and lost 13.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 46.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "buy"
Wall Street's median 12-month price target for CareCloud Inc is $6.00, about 57.7% above its last closing price of $2.54
This summary was machine generated from LSEG data August 6 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.06 | 0.06 | Met |
Mar. 31 2026 | -0.01 | -0.01 | Met |
Dec. 31 2025 | 0.04 | 0.03 | Missed |
Sep. 30 2025 | 0.03 | 0.04 | Beat |
Recent news on Carecloud
See all newsMedia: CareCloud confirms 3.7 million patients had their medical records stolen in data breach - TechCrunch
Brief: Kabafusion Selects Carecloud To Build First-Of-Its-Kind Platform For Home Infusion And Specialty Pharmacy
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