Cantor Fitzgerald initiated coverage of CareCloud with a rating of Overweight and set a new price target of $15.00

Maxim Group initiated coverage of MTBC with a rating of Buy and set a new price target of $20.00

Shareholders Re-Elect Board Members and Vote to Increase the Company's Authorized Shares SOMERSET, N.J., June 02, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company") (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that it held its 2022 annual shareholders' meeting on June 1, 2022, during which shareholders re-elected A. Hadi Chaudhry, John N. Daly, Mahmud Haq, and Cameron P. Munter for another two-year term. Shareholders also voted to amend CareCloud's certificate of incorporation to increase the Company's authorized shares of common and preferred stock, as well as to amend CareCloud's Ame

SOMERSET, N.J., March 14, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:MTBC, MTBCO and MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced it has expanded its executive leadership team with several key promotions and strategic hires. The personnel moves are intended to support CareCloud's growth plans as the Company expands its market share and enhances its technology-enabled services to support its growing client base of more than 40,000 providers nationwide. Steve Link has been promoted to Chief Operating Officer, responsible for the Company's revenue cycle management operations and client success. Patti Peet

ROCKLIN, Calif., Feb. 10, 2022 /PRNewswire/ -- tab32, the dental industry's #1 cloud-based, fully integrated technology platform, today announced the appointment of health-tech veteran Daniel Masvidal as SVP of Operations. Bringing almost a decade's experience driving scalable success in the healthcare SaaS and Practice Management Software (PMS) space, Masvidal will spearhead the delivery of tab32's complete, customizable cloud solution to practices and Dental Services Organizations (DSOs) across the United States. With tailored cloud connectivity and data interoperability capabilities, tab32 combines a comprehensive PMS solution with AI-powered business intelligence to help individual prac

medSR subsidiary appoints new leaders to accelerate expansion of services that optimize operating performance and patient experience SOMERSET, N.J., Oct. 25, 2021 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:MTBC) (NASDAQ:MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, has named three leaders to the executive team of its medSR subsidiary and is dedicating resources to support the changing and growing needs of hospital and health system clients in a post-pandemic economy. medSR, the wholly-owned subsidiary of CareCloud that provides healthcare consulting and on-demand technical and revenue cycle staffing services, has

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

4 - CareCloud, Inc. (0001582982) (Issuer)

SOMERSET, N.J., Nov. 04, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company") (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that its Board of Directors has declared monthly cash dividends for its 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") and its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock ("Series B Preferred Stock") for December 2022, January and February 2023. This represents 88 consecutive months of dividends declared since the Series A Preferred Stock was initially sold in November 2015. The following table shows t

SOMERSET, N.J., Nov. 03, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company" or "CareCloud") (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced financial and operational results for the quarter ended September 30, 2022. 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. Year-to-date 2022 Highlights Revenue of $106.3 million, a 4% increase from the same period in 2021GAAP net income of $4.9 million, compared to a net loss of $686,000 in the same period last yearAdjusted net i

SOMERSET, N.J., Oct. 21, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, will release its financial results for the third quarter ended September 30, 2022 before the market opens on Thursday, November 3, 2022. 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 848-280-6550 and referencing "CareCloud Third Quarter 2022 Earnings Call." Investors who opt for audio-only will ne

SOMERSET, N.J., Aug. 08, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company") (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that its Board of Directors has declared monthly cash dividends for its 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") and its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock ("Series B Preferred Stock") for September, October and November 2022. This represents 85 consecutive months of dividends declared since the Series A Preferred Stock was initially sold in November 2015. The following table shows the mon

SOMERSET, N.J., Aug. 04, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company" or "CareCloud") (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced financial and operational results for the quarter ended June 30, 2022. 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. Second Quarter 2022 Highlights  ●Revenue of $37.2 million, 9% growth over Q2 2021    ●Record GAAP net income of $2.7 million, compared to a net loss of $227,000 in Q2 2021    ●Adjusted net income of $5.6 million, or $0.37 per

SOMERSET, N.J., July 25, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, will release its financial results for the second quarter ended June 30, 2022 before the market opens on Thursday, August 4, 2022. 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 1-212-231-2919 and referencing "CareCloud Second Quarter 2022 Earnings Call." Investors who opt for audio-only will need

SOMERSET, N.J., May 09, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company" or "CareCloud") (NASDAQ:MTBC, MTBCO and MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced record-setting financial and operational results for the quarter ended March 31, 2022. 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. First Quarter 2022 Highlights Revenue of $35.3 million, 19% growth over Q1 2021 revenueGAAP net income of $1.1 million, compared to GAAP net loss of $2 million in Q1 2021Adjusted net income of

SOMERSET, N.J., May 03, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company") (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced that its Board of Directors has declared monthly cash dividends for its 11% Series A Cumulative Redeemable Perpetual Preferred Stock ("Series A Preferred Stock") and its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock ("Series B Preferred Stock") for June, July and August 2022. This represents 82 consecutive months of dividends declared since the Series A Preferred Stock was initially sold in November 2015. The following table shows the monthly dividend

SOMERSET, N.J., April 25, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (formerly MTBC, Inc., or the "Company") (NASDAQ:MTBC, MTBCO, MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, will release its financial results for the first quarter ended March 31, 2022 before the market opens on Monday, May 9, 2022. 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 1-201-389-0920 and referencing "CareCloud First Quarter 2022 Earnings Call." Investor

SOMERSET, N.J., March 14, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company" or "CareCloud") (NASDAQ:MTBC, MTBCO and MTBCP))), a leader in healthcare technology solutions for medical practices and health systems nationwide, announced record-setting financial and operational results for the year ended December 31, 2021. 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. Full Year 2021 Highlights  ●Record revenue of $139.6 million, 33% growth over 2020 revenue ●Record GAAP net income of $2.8 million, compared to a net loss of $8.8 million in 2

  On Thursday, 63 companies set new 52-week lows. Points of Interest From Today's 52-Week Lows: Palo Alto Networks (NASDAQ:PANW) was the largest company by market cap to set a new 52-week low. The company with the smallest market cap to set a new 52-week low was Novo Integrated Sciences (NASDAQ:NVOS). Silvergate Capital (NYSE:SI) was the biggest loser of the morning session, as it dropped 45.88% to reach its new 52-week low. Crescent Energy (NYSE:CRGY) shares were the most resilient, as shares rose 0.0%, rebounding from its new 52-week low. On Thursday, the following stocks set new 52-week lows: Palo Alto Networks (NASDAQ:PANW) shares were down 2.69% for the day, having made a 5

  On Thursday, 116 companies set new 52-week lows. Noteable 52-Week Lows: Kilroy Realty (NYSE:KRC) was the biggest company on a market cap basis to set a new 52-week low. Akerna (NASDAQ:KERN) was the smallest company by market cap to set a new 52-week low. Jowell Global (NASDAQ:JWEL) shares traded down 9.76% to reach its 52-week low, making it the biggest loser. Tuesday Morning (NASDAQ:TUEM) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. The following stocks set new 52-week lows on Thursday: Blackstone Mortgage Trust (NYSE:BXMT) shares set a new yearly low of $20.91 this morning. The stock was down 1.51% on the session. AMT

  Tuesday's session saw 325 companies set new 52-week lows. 52-Week Low Highlights: Apple (NASDAQ:AAPL) was the biggest company in terms of market cap to set a new 52-week low. InMed Pharmaceuticals (NASDAQ:INM) was the smallest company in terms of market cap to set a new 52-week low. Hall Of Fame Resort (NASDAQ:HOFV) saw the largest move of the companies, as shares plummetted 1843.46% to hit a new 52-week low. Electra Battery Materials (NASDAQ:ELBM)'s stock showed potential to rebound, rebounding up 0.0% after reaching a new 52-week low. On Tuesday, the following stocks hit new 52-week lows: Apple (NASDAQ:AAPL) shares hit a yearly low of $128.72. The stock was down 1.99% on the

Maxim Group analyst Allen Klee maintains CareCloud (NASDAQ:MTBC) with a Buy and raises the price target from $11 to $12.

Pulled from Benzinga Pro data, MTBC (NASDAQ:MTBC) posted Q3 earnings of $1.06 million, an increase from Q2 of 61.42%. Sales dropped to $33.72 million, a 9.41% decrease between quarters. In Q2, MTBC earned $2.74 million, and total sales reached $37.23 million. Why Is ROCE Significant? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q3, MTBC posted an ROCE of 0.01%. It is importa

  On Friday, 64 companies achieved new lows for the year. Noteworthy Highlights From Today's 52-Week Lows: Oatly Group (NASDAQ:OTLY) was the biggest company in terms of market cap to set a new 52-week low. First Wave BioPharma (NASDAQ:FWBI) was the smallest company by market cap to set a new 52-week low. Kiora Pharmaceuticals (NASDAQ:KPRX) made the largest move down on the session, with shares plummeting 32.51% to reach its 52-week low. ENDRA Life Sciences (NASDAQ:NDRA) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. On Friday, the following stocks broke to new 52-week lows: Oatly Group (NASDAQ:OTLY) stock achieved a n

CareCloud (NASDAQ:MTBC) reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings CareCloud posted an EPS of $0.21. Revenue was down $4.58 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.54 which was followed by a 2.17% increase in the share price the next day. Here's a look at CareCloud's past performance:   Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021 EPS Estimate -0.18 -0.27 -0.17 -0.17 EPS Actual 0.36 0.23 0.34 0.41 Revenue Estimate 37.36M 33.80M 37.13M

MTBC (NASDAQ:MTBC) reported quarterly earnings of $0.21 per share. This is a 48.78 percent decrease over earnings of $0.41 per share from the same period last year. The company reported $33.72 million in sales this quarter. This is a 11.96 percent decrease over sales of $38.30 million the same period last year.

Companies Reporting Before The Bell • Hyatt Hotels (NYSE:H) is estimated to report quarterly earnings at $0.28 per share on revenue of $1.45 billion. • Cummins (NYSE:CMI) is likely to report quarterly earnings at $4.85 per share on revenue of $6.80 billion. • ING Groep (NYSE:ING) is projected to report earnings for its third quarter. • ChipMOS TECHNOLOGIES (NASDAQ:IMOS) is likely to report earnings for its third quarter. • Teekay Tankers (NYSE:TNK) is projected to report quarterly earnings at $1.69 per share on revenue of $158.17 million. • Teekay (NYSE:TK) is likely to report earnings for its third quarter. • Dixie Gr (NASDAQ:DXYN) is projected to report earnings for its third quarte