Healthcare tech firm CareCloud's Q2 revenue beats estimates

Carecloud

05/08/2025 12:29

Overview

CareCloud Q2 2025 revenue of $27.4 mln beats analyst expectations

Company reports first positive GAAP EPS since going public

Co expands AI initiatives, completes two acquisitions in 2025

Outlook

CareCloud anticipates full-year 2025 revenue of $111 to $114 mln

Company expects 2025 adjusted EBITDA between $26 mln and $28 mln

CareCloud projects GAAP EPS of $0.10 to $0.13 for 2025

Company sees growth driven by AI innovation and acquisitions

Result Drivers

AI INITIATIVE - Launch of AI Center of Excellence aims to automate clinical workflows and optimize revenue cycle management, enhancing operational efficiency

ACQUISITIONS - Completed two acquisitions this year, contributing to strategic growth and expansion

FINANCIAL MANAGEMENT - Disciplined financial management and strategic execution led to first positive GAAP EPS since going public

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$27.38 mln
$27.20 mln (3 Analysts)
Q2 Basic EPS
$0.04
Q2 EBIT
$3 mln
Q2 Operating Expenses
$24.38 mln
Q2 Pretax Profit
$2.94 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for CareCloud Inc is $5.00, about 52.4% above its August 4 closing price of $2.38

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nGNXbK8hft

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)