CareCloud (NASDAQ:CCLD - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.100-0.130 for the period, compared to the consensus earnings per share estimate of 0.090. The company issued revenue guidance of $111.0 million-$114.0 million, compared to the consensus revenue estimate of $112.6 million.
CareCloud Stock Performance
CCLD traded up $0.07 on Friday, hitting $1.91. The company had a trading volume of 501,666 shares, compared to its average volume of 785,080. The stock has a market capitalization of $80.62 million, a price-to-earnings ratio of -0.60 and a beta of 2.05. The stock has a fifty day moving average price of $1.59 and a 200-day moving average price of $2.73. CareCloud has a 12-month low of $1.14 and a 12-month high of $4.84.
CareCloud (NASDAQ:CCLD - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.04). CareCloud had a negative net margin of 35.25% and a negative return on equity of 87.98%. The firm had revenue of $27.60 million for the quarter, compared to analysts' expectations of $25.94 million. Analysts forecast that CareCloud will post 0.58 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities research analysts have weighed in on CCLD shares. Roth Mkm reissued a "neutral" rating and issued a $1.50 price target (down previously from $3.50) on shares of CareCloud in a report on Friday, March 14th. Roth Capital reissued a "neutral" rating on shares of CareCloud in a research report on Tuesday.
Read Our Latest Analysis on CareCloud
About CareCloud
(
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CareCloud, Inc, a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company's portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services.
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