CareCloud Q1 2024 Adj EPS $0.01 Beats $(0.29) Estimate, Sales $25.962M Miss $26.047M Estimate

5/14/24 7:01:24 AM ET

Computer Software: Prepackaged Software

Technology

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CareCloud (NASDAQ:CCLD) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.29) by 103.45 percent. The company reported quarterly sales of $25.962 million which missed the analyst consensus estimate of $26.047 million by 0.33 percent. This is a 13.46 percent decrease over sales of $30.001 million the same period last year.

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Recent Analyst Ratings for
$CCLD

Date	Price Target	Rating	Analyst
11/13/2024	$5.00 → $3.50	Buy → Neutral	ROTH MKM

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$CCLD
Financials

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CareCloud Reports Third Quarter 2024 Results
Pays Off Credit Line, Plans to Resume Preferred Dividends in Q1 2025 SOMERSET, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDO, CCLDP)), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, announced financial and operational results for the quarter ended September 30, 2024 including that it has fully paid its credit line and that it plans to resume dividends on its Series A and B Preferred Stock on March 15, 2025. The Company's management will conduct a conference call with related slides today at 8:30 a.m. Eastern Time to discuss these results and management's outlook for the year.
11/12/24 7:00:00 AM ET
$CCLD
Computer Software: Prepackaged Software
Technology
CareCloud To Announce Third Quarter 2024 Results on November 12, 2024
SOMERSET, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDO, CCLDP))), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, will release its financial results for the quarter ended September 30, 2024 before the market opens on Tuesday, November 12, 2024. The Company will follow with a conference call for investors at 8:30 a.m. Eastern Time. The live webcast of the conference call and related presentation slides can be accessed at ir.carecloud.com/events. An audio-only option is available by dialing 201-389-0920 and referencing "CareCloud Third Quarter 2024 Earnings Call." Investors who opt for audio-on
10/24/24 8:00:00 AM ET
$CCLD
Computer Software: Prepackaged Software
Technology
99% of Required Votes Obtained for CareCloud's Series A Preferred Stock Proposal, Proxy Vote Solicitation Continues
SOMERSET, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company") (NASDAQ:CCLD, CCLDO, CCLDP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that while proxy vote solicitation continues, it has already obtained approximately 99% of the minimum required "FOR" votes by proxy in support of the amendment to the Company's Certificate of Designations, Preferences and Rights of its Series A Preferred Stock (the "Preferred Stock Proposal"). As of today, the Company has supportive proxy indications from more than 2.97 million shares and believes that it is quickly approaching the required 3.02 million share thr
9/10/24 8:00:00 AM ET
$CCLD
Computer Software: Prepackaged Software
Technology

CareCloud Reports Third Quarter 2024 Results
Pays Off Credit Line, Plans to Resume Preferred Dividends in Q1 2025 SOMERSET, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDO, CCLDP)), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, announced financial and operational results for the quarter ended September 30, 2024 including that it has fully paid its credit line and that it plans to resume dividends on its Series A and B Preferred Stock on March 15, 2025. The Company's management will conduct a conference call with related slides today at 8:30 a.m. Eastern Time to discuss these results and management's outlook for the year.
11/12/24 7:00:00 AM ET
$CCLD
Computer Software: Prepackaged Software
Technology
CareCloud Pays Off Credit Line, Signs an Updated Credit Facility Agreement
SOMERSET, N.J., Oct. 28, 2024 (GLOBE NEWSWIRE) -- -- CareCloud, Inc. (the "Company") (NASDAQ:CCLD, CCLDO, CCLDP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that it has fully paid down its credit facility line with Silicon Valley Bank ("SVB"), achieving a key 2024 objective. Additionally, CareCloud requested and secured a reduction in its borrowing fees and lowered its overall revolving credit facility limit. "We are thrilled to have reached this important strategic milestone," said Norm Roth, Interim CFO and Corporate Controller of CareCloud. "We started 2024 with a $10 million outstanding balance and a clear g
10/28/24 8:00:00 AM ET
$CCLD
Computer Software: Prepackaged Software
Technology
CareCloud To Announce Third Quarter 2024 Results on November 12, 2024
SOMERSET, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDO, CCLDP))), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, will release its financial results for the quarter ended September 30, 2024 before the market opens on Tuesday, November 12, 2024. The Company will follow with a conference call for investors at 8:30 a.m. Eastern Time. The live webcast of the conference call and related presentation slides can be accessed at ir.carecloud.com/events. An audio-only option is available by dialing 201-389-0920 and referencing "CareCloud Third Quarter 2024 Earnings Call." Investors who opt for audio-on
10/24/24 8:00:00 AM ET
$CCLD
Computer Software: Prepackaged Software
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12 Health Care Stocks Moving In Tuesday's Intraday Session
Gainers Elutia (NASDAQ:ELUT) stock rose 24.2% to $4.31 during Tuesday's regular session. The market value of their outstanding shares is at $104.9 million. Trinity Biotech (NASDAQ:TRIB) stock rose 20.61% to $2.75. The company's market cap stands at $26.0 million. Akari Therapeutics (NASDAQ:AKTX) shares moved upwards by 20.26% to $3.03. The company's market cap stands at $35.5 million. Kronos Bio (NASDAQ:KRON) shares increased by 16.71% to $1.11. The market value of their outstanding shares is at $66.7 million. Black Diamond Therapeutic (NASDAQ:BDTX) shares increased by 15.72% to $5.91. The market value of their outstanding shares is at $332.7 million. Streamline Health Solns (NASDAQ:ST
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Why Core & Main Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Shares of Core & Main Inc (NYSE:CNM) fell sharply during Tuesday's session after the company reported mixed first-quarter financial results. Core & Main posted quarterly earnings of 49 cents per share, missing market expectations of 52 cents per share. The company's quarterly sales came in at $1.74 billion versus estimates of $1.72 billion, according to data from Benzinga Pro. Core & Main shares dipped 11.4% to $49.77 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers MicroAlgo Inc (NASDAQ:MLGO) shares jumped 284% to 5.99 after the company announced that it will jointly establish a micro-consciousness quantum research center with WiMi. Sobr S
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CareCloud Appoints Crystal Williams As Chief Operating Officer
Focus on Enhancing Profitability and Further Streamlining OperationsSOMERSET, N.J., May 21, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDP, CCLDO))))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced the promotion of Crystal Williams as its new chief operating officer with the goal of further streamlining operations and supporting the Company's achievement of its profitability and free cash flow objectives.Williams brings more than two decades of experience and leadership in revenue cycle management (RCM), with a focus on streamlining operations and driving margin improvements. She is well versed in navigating the
5/21/24 8:11:31 AM ET
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CareCloud Welcomes Justin Pierce as Chief Sales Officer
SOMERSET, N.J., Dec. 04, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDP, CCLDO))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced the appointment of Justin Pierce as its new chief sales officer (CSO). In this role, Pierce will be responsible for driving sustainable revenue growth and enhancing CareCloud's position in the rapidly evolving healthcare landscape. Pierce brings more than two decades of experience in the healthcare technology and services industry, having held leadership positions at Azalea Health, abeo, and Ventra Health. Throughout his career, he has consistently demonstrated his ability to forge
12/4/23 9:30:00 AM ET
$CCLD
Computer Software: Prepackaged Software
Technology
CareCloud Appoints Larry Steenvoorden as Chief Financial Officer
SOMERSET, N.J., July 11, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDP, CCLDO))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced the appointment of Larry Steenvoorden as the new chief financial officer (CFO). With a distinguished career and extensive financial and strategic expertise, Steenvoorden brings valuable experience from his previous roles. Before joining CareCloud, he served as the executive vice president and CFO at Chembio Diagnostics, where he implemented strategic initiatives and improved profitability. Steenvoorden has also held CFO positions in healthcare, life science, and med-tech companies,
7/11/23 9:00:00 AM ET
$CCLD
Computer Software: Prepackaged Software
Technology
CareCloud Strengthens Leadership Team with Key Transitions
Bill Korn appointed chief strategy officer, Joseph DosSantos joins as chief financial officer, strengthening CareCloud's position as a leader in healthcare technology solutions. SOMERSET, N.J., May 08, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDP, CCLDO))), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced today a leadership transition. Bill Korn, who has been CareCloud's chief financial officer (CFO) for 10 years, will take on a new role as chief strategy officer (CSO). The company has hired Joseph C. DosSantos, an experienced financial executive in the biotechnology sector, to fill the position of chief financial o
5/8/23 9:00:00 AM ET
$CCLD
Computer Software: Prepackaged Software
Technology

CareCloud Q1 2024 Adj EPS $0.01 Beats $(0.29) Estimate, Sales $25.962M Miss $26.047M Estimate

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Recent Analyst Ratings for
$CCLD

$CCLD
SEC Filings

SEC Form PRER14A filed by CareCloud Inc.

SEC Form PRE 14A filed by CareCloud Inc.

SEC Form 10-Q filed by CareCloud Inc.

$CCLD
Financials

Live finance-specific insights

CareCloud Reports Third Quarter 2024 Results

CareCloud To Announce Third Quarter 2024 Results on November 12, 2024

99% of Required Votes Obtained for CareCloud's Series A Preferred Stock Proposal, Proxy Vote Solicitation Continues

$CCLD
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$CCLD
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

CareCloud Reports Third Quarter 2024 Results

CareCloud Pays Off Credit Line, Signs an Updated Credit Facility Agreement

CareCloud To Announce Third Quarter 2024 Results on November 12, 2024

CareCloud downgraded by ROTH MKM with a new price target

SEC Form 4 filed by Director Munter Cameron

SEC Form 4 filed by Director Sharnak Lawrence Steven

SEC Form 4 filed by Director Korn Bill

$CCLD
Market Insights

Live Market Insights

12 Health Care Stocks Moving In Tuesday's Intraday Session

Why Core & Main Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

CareCloud Appoints Crystal Williams As Chief Operating Officer

$CCLD
Leadership Updates

Live Leadership Updates

CareCloud Welcomes Justin Pierce as Chief Sales Officer

CareCloud Appoints Larry Steenvoorden as Chief Financial Officer

CareCloud Strengthens Leadership Team with Key Transitions

CareCloud Q1 2024 Adj EPS $0.01 Beats $(0.29) Estimate, Sales $25.962M Miss $26.047M Estimate

Chat with this insight

Recent Analyst Ratings for $CCLD

$CCLD SEC Filings

SEC Form PRER14A filed by CareCloud Inc.

SEC Form PRE 14A filed by CareCloud Inc.

SEC Form 10-Q filed by CareCloud Inc.

$CCLD Financials

Live finance-specific insights

CareCloud Reports Third Quarter 2024 Results

CareCloud To Announce Third Quarter 2024 Results on November 12, 2024

99% of Required Votes Obtained for CareCloud's Series A Preferred Stock Proposal, Proxy Vote Solicitation Continues

$CCLD Press Releases

Fastest customizable press release news feed in the world

$CCLD Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

$CCLD Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

CareCloud Reports Third Quarter 2024 Results

CareCloud Pays Off Credit Line, Signs an Updated Credit Facility Agreement

CareCloud To Announce Third Quarter 2024 Results on November 12, 2024

CareCloud downgraded by ROTH MKM with a new price target

SEC Form 4 filed by Director Munter Cameron

SEC Form 4 filed by Director Sharnak Lawrence Steven

SEC Form 4 filed by Director Korn Bill

$CCLD Market Insights

Live Market Insights

12 Health Care Stocks Moving In Tuesday's Intraday Session

Why Core & Main Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

CareCloud Appoints Crystal Williams As Chief Operating Officer

$CCLD Leadership Updates

Live Leadership Updates

CareCloud Welcomes Justin Pierce as Chief Sales Officer

CareCloud Appoints Larry Steenvoorden as Chief Financial Officer

CareCloud Strengthens Leadership Team with Key Transitions

Recent Analyst Ratings for
$CCLD

$CCLD
SEC Filings

$CCLD
Financials

$CCLD
Press Releases

$CCLD
Analyst Ratings

$CCLD
Insider Trading

$CCLD
Market Insights

$CCLD
Leadership Updates