CareCloud (NASDAQ:CCLD) Issues Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Key Points

• CareCloud reported $0.05 EPS, missing consensus by $0.01, but management is reaffirming 2026 guidance with revenue of $128–$132M, adjusted EBITDA of $29–$31M and GAAP EPS of $0.20–$0.23.
• The company's AI suite is being commercialized: the stratusAI Desk Agent is in full release and reportedly handles about 75% of inbound calls for early adopters, with cirrusAI Notes and AI prior-authorization/coding coming next.
• CareCloud closed a $50 million credit facility and pre-funded the Series B preferred redemption to remove the overhang without common dilution, but near-term GAAP results and free cash flow are pressured by the Medsphere integration and higher intangible amortization.

CareCloud (NASDAQ:CCLD - Get Free Report) posted its earnings results on Thursday. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.01), Zacks reports. CareCloud had a return on equity of 24.58% and a net margin of 8.96%.

Here are the key takeaways from CareCloud's conference call:

• CareCloud is reaffirming 2026 guidance with revenue of $128M–$132M, adjusted EBITDA of $29M–$31M and GAAP EPS of $0.20–$0.23, signaling management confidence in the year ahead.
• The company's AI portfolio is commercializing: stratusAI Desk Agent is in full release and reportedly handling approximately 75% of inbound calls for early adopters, with cirrusAI Notes and AI prior-authorization/coding in the pipeline.
• CareCloud closed a new $50 million credit facility ( $40M term / $10M revolver ), established an ATM for optionality, and pre-funded the May 15 redemption of Series B preferred (≈$41.6M), aiming to remove the preferred overhang with no common dilution.
• Near-term GAAP results are pressured by the Medsphere integration and higher intangible amortization—Q1 GAAP net income fell to about $0.9M and free cash flow declined to $2.4M, though adjusted EBITDA and adjusted EPS were roughly flat year-over-year.
• Management expects margin improvement as Medsphere platforms are modernized to cloud, AI is deployed internally and across products, and cross-sell into hospital customers ramps—these benefits are forward-looking and dependent on successful integration.

CareCloud Stock Performance

Shares of CareCloud stock traded down $0.51 during trading hours on Thursday, hitting $2.49. 3,752,654 shares of the company were exchanged, compared to its average volume of 495,911. CareCloud has a 1 year low of $1.84 and a 1 year high of $4.01. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average of $3.08 and a 200-day moving average of $2.99. The stock has a market capitalization of $105.59 million, a price-to-earnings ratio of 31.07 and a beta of 1.60.

Wall Street Analyst Weigh In

CCLD has been the subject of several recent analyst reports. Wall Street Zen cut CareCloud from a "strong-buy" rating to a "buy" rating in a research note on Saturday, April 25th. Weiss Ratings restated a "hold (c-)" rating on shares of CareCloud in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $3.25.

Institutional Investors Weigh In On CareCloud

Several large investors have recently modified their holdings of CCLD. Essex Investment Management Co. LLC purchased a new stake in shares of CareCloud during the fourth quarter worth approximately $2,000,000. Geode Capital Management LLC grew its holdings in CareCloud by 235.4% during the second quarter. Geode Capital Management LLC now owns 359,486 shares of the company's stock worth $848,000 after acquiring an additional 252,299 shares during the period. Renaissance Technologies LLC grew its holdings in CareCloud by 96.1% during the fourth quarter. Renaissance Technologies LLC now owns 446,030 shares of the company's stock worth $1,302,000 after acquiring an additional 218,530 shares during the period. Acadian Asset Management LLC grew its holdings in CareCloud by 481.9% during the first quarter. Acadian Asset Management LLC now owns 203,053 shares of the company's stock worth $280,000 after acquiring an additional 168,156 shares during the period. Finally, 683 Capital Management LLC acquired a new position in CareCloud during the fourth quarter worth $467,000. Hedge funds and other institutional investors own 10.16% of the company's stock.

CareCloud Company Profile

CareCloud, Inc is a healthcare technology company that provides cloud-based practice management, electronic health record (EHR) and revenue cycle management (RCM) solutions to medical practices and health systems. Its flagship offering, the CareCloud Central platform, combines clinical, financial and administrative workflows into a single, unified system. The platform includes modules for scheduling, billing, coding, patient engagement and telehealth, enabling practices to streamline front- and back-office operations and improve overall practice performance.

Founded in 2009 and headquartered in Miami Beach, Florida, CareCloud serves small to mid-size physician groups and specialty clinics across the United States.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.