New Facility Replaces Prior Acquisition-Related Promissory Note Obligation to Wells Fargo; Provides More Favorable Terms and Strengthens Liquidity while Supporting Future Growth SOMERSET, N.J., Sept. 09, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and AI-powered solutions for hospitals and medical practices nationwide, today announced it has closed a new $10 million credit facility with Provident Bank (“Provident”) on Septe ...

Core Insights - CareCloud has raised its revenue outlook for 2025 to a range of $116 million to $118 million, up from the previous guidance of $111 million to $114 million, indicating strong growth in the hospital IT market [2][3] - The company anticipates 2026 revenue to be between $128 million and $130 million, driven by cross-selling opportunities and increased hospital adoption of its AI-driven solutions [2][3] - The acquisition of Medsphere Systems Corporation is highlighted as a transformative move that enhances CareCloud's product portfolio and market demand [3] Financial Guidance - For 2025, CareCloud expects revenue between $116 million and $118 million, reflecting an increase in scale and market participation [2] - The anticipated revenue for 2026 is projected to be $128 million to $130 million, supported by ongoing investments in AI innovation [2] - Adjusted EBITDA outlook is expected to remain unchanged, while GAAP EPS may be affected by higher non-cash amortization expenses due to the acquisition [2] Strategic Initiatives - CareCloud's AI Center of Excellence is advancing tools that automate revenue cycle workflows and support clinicians in real-time, aimed at improving efficiency and patient outcomes [3] - The company emphasizes its commitment to innovation in healthcare technology, helping clients enhance financial and operational performance [4] - CareCloud serves over 40,000 providers, focusing on reducing administrative burdens and improving patient care [4]

Transformational acquisition extends CareCloud’s reach into inpatient EHR and RCM, bringing affordable solutions to small and mid-sized hospitals nationwide. SOMERSET, N.J., Aug. 25, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and AI-powered solutions, today announced it has acquired the business assets of Medsphere Systems Corporation (“Medsphere”), a provider of enterprise inpatient and ambulatory solutions with a 23-year ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Exact name of registrant as specified in its charter) Delaware 22-3832302 (State or other jurisdiction of incorporation or organization) (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Nu ...

Financial Data and Key Metrics Changes - CareCloud achieved GAAP net income of $2,900,000, a 73% improvement from $1,700,000 in the same period last year [6] - The company reported its first positive GAAP earnings per share at $0.04 compared to a loss of $0.14 per share in 2024 [6] - Year-to-date GAAP net income reached $4,900,000, more than tripling the amount reported in 2024 [7] - Adjusted EBITDA stood at $12,100,000, a 20% increase year over year [7] - Free cash flow reached $9,000,000, up 85% over the same period [7] - Revenue for the second quarter was $27,400,000, down approximately $700,000 year over year due to a one-time non-recurring revenue item in Q2 2024 [26] - Non-GAAP adjusted net income for the second quarter was $3,300,000 or $0.07 per share [27] Business Line Data and Key Metrics Changes - CareCloud Wellness generated approximately $1,000,000 in revenue for the quarter and approximately $1,800,000 for the first six months of the year [26] - The company reported positive GAAP operating income of $3,000,000 compared to $2,300,000 in Q2 2024 [26] Market Data and Key Metrics Changes - CareCloud has received ONC Health IT certification for its Talk EHR platform tailored specifically for critical access hospitals, opening access to a market of over 1,500,000,000 across more than 1,300 rural hospitals [22][23] Company Strategy and Development Direction - The company is focused on AI-driven innovation, operational discipline, and sustainable growth, marking a continuation of the transformation initiated in 2024 [5] - CareCloud is actively using AI to enhance provider and patient experiences while improving internal operations and cost structures [8][9] - The company has returned to a more active posture in M&A, completing two acquisitions this year aligned with its focus on specialty AI-powered revenue cycle management [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver profitability at scale and to lead the next wave of intelligent healthcare delivery [12] - The management team emphasized the importance of maintaining financial discipline and shareholder alignment, having declared nine consecutive months of preferred dividend payments funded entirely from free cash flow [10] - The company anticipates continued positive EPS and modest revenue increases in the second half of the year [75] Other Important Information - The AI Center of Excellence is fully operational, with 100 full-time AI professionals and 100 interns onboarded [13][14] - The company is embedding intelligence into its platform to improve operational efficiency and scalability [24] Q&A Session Summary Question: How does the company view the spend on the AI Center of Excellence relative to potential revenue opportunities? - Management indicated a threefold focus: generating incremental revenue, enhancing product competitiveness, and optimizing back-office operations [35] Question: How is the company approaching sales for new offerings targeting specialized practices? - The company sees opportunities in providing end-to-end solutions for specialty practices, particularly in areas where existing EHRs lack next-generation capabilities [39][41] Question: How did MedAssar Remote Patient Monitoring and Chronic Care Management perform? - Management reported stable revenue for MedAssar, with RPM expected to contribute about 5% or less to overall revenue [45][46] Question: What is the company's outlook on M&A and funding capacity? - The company is seeing an active M&A environment and believes it is well-positioned to pursue strategic acquisitions funded through internally generated cash flow and an untapped credit facility [54][56]

Q2 2025 Performance Highlights - Net income increased by 73%[20] - Free cash flow increased by 102%[20] - Earnings per share became positive for the first time[20] Financial Results - Q2 2025 revenue was $27.4 million compared to $28.1 million in Q2 2024[43] - Q2 2025 net income was $2.9 million compared to $1.7 million in Q2 2024[43] - Q2 2025 adjusted EBITDA was $6.5 million compared to $6.4 million in Q2 2024[43] - Q2 2025 earnings per share was $0.04 compared to -$0.14 in Q2 2024[43] - Q2 2025 free cash flow was $5.4 million compared to $2.7 million in Q2 2024[43] - Year-to-date 2025 revenue was $55.0 million compared to $54.1 million in year-to-date 2024[46] - Year-to-date 2025 net income was $4.9 million compared to $1.4 million in year-to-date 2024[46] - Year-to-date 2025 adjusted EBITDA was $12.1 million compared to $10.1 million in year-to-date 2024[46] - Year-to-date 2025 earnings per share was $0.02 compared to -$0.24 in year-to-date 2024[46] - Year-to-date 2025 free cash flow was $9.0 million compared to $4.9 million in year-to-date 2024[46] 2025 Guidance - Revenue guidance is $111 million to $114 million[27] - Adjusted EBITDA guidance is $26 million to $28 million[27] - Earnings per share guidance is $0.10 to $0.13[27]

Exhibit 99.1 CareCloud Reports Second Quarter 2025 Results Delivers first quarter of positive GAAP EPS in Company's history since going public, announces initial results from AI Initiative SOMERSET, N.J. August 5, 2025 (GLOBE NEWSWIRE) - CareCloud, Inc. (Nasdaq: CCLD, CCLDO), ("CareCloud" or the "Company"), a leader in healthcare technology and generative AI solutions, today announced strong financial results for the quarter ended June 30, 2025. CareCloud's strategic execution, AI-driven innovation, and dis ...

Delivers first quarter of positive GAAP EPS in Company's history since going public, announces initial results from AI Initiative SOMERSET, N.J., Aug. 05, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) ("CareCloud" or the "Company"), a leader in healthcare technology and generative AI solutions, today announced strong financial results for the quarter ended June 30, 2025. CareCloud's strategic execution, AI- driven innovation, and disciplined financial management has positioned the Company f ...

A recent Black Book Research study reveals that over half of rural and CAHs plan to replace their legacy EHR systems by 2026, citing cost predictability, cloud deployment, interoperability, and reduced IT burden as top priorities. CareCloud's newly certified solution is designed to meet this demand, offering flexibility, compliance, and embedded AI tools at a sustainable cost. "This certification is far more than a checkbox, it's our entrance into a healthcare segment ready for innovation," said A. Hadi Cha ...

Core Viewpoint - CareCloud, Inc. has launched a fully integrated, AI-driven dermatology EHR aimed at enhancing clinical workflows, patient engagement, and financial outcomes for dermatology practices, addressing the $9 billion dermatology services market in the U.S. [1][2] Company Overview - CareCloud is a leader in healthcare technology and generative AI solutions, providing tools to improve operational performance and streamline clinical workflows for over 40,000 providers [6]. Product Features - The new Dermatology EHR includes AI-powered charting with customizable templates, advanced image management, integrated telehealth, and patient portal features to enhance patient engagement [3][4]. - It offers optimized billing and revenue cycle management (RCM) with dermatology-specific coding and automated claim scrubbing, ensuring maximum reimbursements [4]. Market Position - The dermatology services sector is a significant part of the U.S. healthcare market, valued at approximately $9 billion in 2024, indicating a strong demand for efficient technology solutions [2]. - CareCloud's Dermatology EHR is designed to replace outdated systems, thereby improving efficiency and focusing more on patient care [2]. Availability - The CareCloud Dermatology EHR is now available for dermatology providers across the nation, with options for personalized demos [5].