CareCloud (NASDAQ:CCLD) Posts Earnings Results, Beats Estimates By $0.04 EPS

CareCloud (NASDAQ:CCLD) announced its earnings results on Thursday. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.04, FiscalAI reports. CareCloud had a return on equity of 27.07% and a net margin of 6.21%. The company had revenue of $33.73 million during the quarter, compared to the consensus estimate of $33.50 million.

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

• CareCloud reported record third-quarter profitability: revenue rose 9% to $33.7 million, GAAP net income increased 54% to $4.7 million, and adjusted EBITDA grew 28% to $9.9 million. Gross margin expanded 270 basis points to 50.5%.
• Management said AI and automation are improving operating efficiency: manual claim touches fell about 44% over three months, zero-touch processing reached 84%, and the RCM denial rate was below 4%. Some expense improvement also reflected lower depreciation and amortization and capitalized development costs.
• The capital restructuring is directing more earnings to common shareholders: about 89% of third-quarter net income was attributable to them, versus 55% a year earlier. CareCloud repaid its $9 million revolver draw and reduced its term loan to $34.2 million by November 2, though debt repayment remains a priority.
• CareCloud reaffirmed 2026 guidance of $128 million–$132 million in revenue, $29 million–$31 million in adjusted EBITDA, and $0.20–$0.23 in GAAP EPS, while noting seasonal effects and execution dependencies. Growth initiatives include enterprise AI development for KabaFusion and a planned subscription compliance product, but these opportunities are still developing.

CareCloud Price Performance

Shares of NASDAQ CCLD traded up $0.14 during midday trading on Friday, reaching $2.30. The stock had a trading volume of 682,047 shares, compared to its average volume of 228,131. The company has a market capitalization of $97.73 million, a price-to-earnings ratio of 17.69 and a beta of 1.57. CareCloud has a 12-month low of $1.67 and a 12-month high of $3.81. The stock has a 50-day moving average of $2.01 and a 200-day moving average of $2.46. The company has a debt-to-equity ratio of 2.20, a quick ratio of 1.01 and a current ratio of 1.02.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Wall Street Zen raised shares of CareCloud from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Roth Capital dropped coverage on shares of CareCloud in a research note on Tuesday, September 15th. They set a “neutral” rating for the company. Prior estimates, ratings, and price targets should no longer be relied upon. Finally, Weiss Ratings upgraded shares of CareCloud from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, October 12th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

CareCloud Company Profile

CareCloud, Inc (NASDAQ: CCLD) provides cloud-based health care information technology and revenue cycle management services to medical practices, hospitals and other health care organizations. The company’s solutions are designed to help providers manage administrative, clinical and financial operations through integrated software and technology-enabled services.

Its offerings include electronic health records, practice management, medical billing and revenue cycle management, patient engagement tools, telehealth capabilities and related health care technology services.