CareCloud(CCLD)
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Health data giant CareCloud says hackers accessed patients' medical records
TechCrunch· 2026-03-31 14:50
Healthcare technology giant CareCloud has confirmed that hackers accessed one of its stores of patients’ electronic health records during a data breach earlier this month. The disclosure, filed with the U.S. Securities and Exchange Commission last Friday, said the company detected unauthorized access on March 16 to one of six environments where it stores patients’ medical and healthcare records. The hackers had access to this medical records storage for more than eight hours, the company said, but that it w ...
Should Value Investors Buy CareCloud (CCLD) Stock?
ZACKS· 2026-03-30 14:40
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional val ...
CareCloud Highlights Successful Preferred A Conversion, Progress Toward Capital Structure Simplification, and Reaffirms Growth Outlook
Globenewswire· 2026-03-30 11:00
SOMERSET, N.J., March 30, 2026 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leading provider of healthcare technology and revenue cycle management solutions, today highlighted the successful continued market absorption of the Q1 2025 conversion of its Series A Preferred Stock (“Preferred A”, formerly traded as CCLDP) into common equity, while reaffirming its previously issued financial guidance and continued confidence in its growth outlook. The Preferred A con ...
CareCloud Unveils Next-Generation MAP App at HFMA Revenue Cycle Conference
Globenewswire· 2026-03-18 12:00
Core Insights - CareCloud, Inc. will participate in the HFMA Revenue Cycle Conference in Arlington, Texas, showcasing its MAP App, a web-based revenue cycle benchmarking tool [1] - The company has enhanced MAP App's capabilities since acquiring it from HFMA, providing deeper insights into revenue cycle performance for healthcare organizations [2][3] Company Developments - CareCloud has focused on improving MAP App with new development capabilities and a clear product roadmap to deliver value to healthcare organizations [3] - A networking happy hour will be hosted by CareCloud during the conference, aimed at connecting revenue cycle professionals and MAP App users [4][7] Webinar and Educational Initiatives - For those unable to attend the conference, CareCloud will conduct a live webinar on April 7, 2026, covering recent updates and best practices for using MAP App [4][5][8] - The webinar will address how organizations can leverage MAP App to identify revenue cycle improvement opportunities and compare metrics against peer facilities [8] About CareCloud - CareCloud offers a suite of AI and technology-enabled solutions aimed at enhancing financial and operational performance in healthcare [10] - The company serves over 45,000 providers, helping them improve patient care while reducing administrative burdens and operating costs [10]
CareCloud Unveils Next-Generation MAP App at HFMA Revenue Cycle Conference
Globenewswire· 2026-03-18 12:00
Core Insights - CareCloud, Inc. will attend the HFMA Revenue Cycle Conference in Arlington, Texas, showcasing the evolution of its MAP App, a web-based revenue cycle benchmarking tool [1][2] - The company has invested in expanding MAP App's capabilities since its acquisition from HFMA, enhancing visibility into revenue cycle performance for healthcare organizations [2][3] Company Developments - CareCloud's MAP App is recognized as a trusted resource for healthcare organizations aiming to improve revenue cycle performance, with a focus on new development capabilities and a clear product roadmap [3] - The company will host a networking happy hour during the conference, aimed at connecting revenue cycle professionals and MAP App users [4][7] Webinar and Educational Initiatives - For those unable to attend the conference, CareCloud will conduct a live webinar on April 7, 2026, covering recent updates and real-world use cases of MAP App [4][5] - The webinar will address best practices for leveraging MAP App benchmarking data and how organizations can identify revenue cycle improvement opportunities [8] About CareCloud - CareCloud provides AI and technology-enabled solutions to enhance financial and operational performance in healthcare, serving over 45,000 providers [9]
CareCloud to Participate in the 6th Annual KeyBanc Capital Markets Healthcare Virtual Forum
Globenewswire· 2026-03-17 12:00
Core Insights - CareCloud, Inc. announced participation in the 6th Annual KeyBanc Capital Markets Healthcare Virtual Forum on March 17, 2026, highlighting its role in healthcare technology and AI-powered solutions [1] - The company will engage in a fireside chat during the forum, which will be streamed live and later available for replay on its investor relations website [2] - CareCloud reported its first full year of positive earnings per share since its IPO 12 years ago, exceeding the top end of its revenue forecast and increasing free cash flow by over 500% in the last three years [3] Company Overview - CareCloud focuses on innovation in healthcare, offering AI and technology-enabled solutions that enhance financial and operational performance, streamline clinical workflows, and improve patient experiences [4] - The company serves over 45,000 providers, assisting them in improving patient care while reducing administrative burdens and operating costs [4]
CareCloud to Ring Nasdaq Closing Bell on May 19, 2026 and Host Analyst Day at Nasdaq MarketSite in New York City
Globenewswire· 2026-03-16 12:00
Core Insights - CareCloud will ring the Nasdaq Closing Bell on May 19, 2026, coinciding with its 2026 Analyst Day at the Nasdaq MarketSite in New York City [1][4] - The company recently reported its first full year of positive earnings per share since its IPO 12 years ago, indicating a significant milestone in its financial performance [2] - CareCloud's stock rose approximately 18% over two trading days following the release of its full-year 2025 financial results, reflecting strong market confidence despite broader market weaknesses [3] Company Developments - The Analyst Day will feature a business update from management, discussing strategic priorities, operational progress, and long-term growth initiatives [4] - CareCloud plans to showcase new AI-powered products aimed at automating healthcare operations and expanding its technology platform [2] - The company emphasizes its commitment to innovation in healthcare, with over 45,000 providers relying on its solutions to enhance patient care and reduce administrative burdens [5]
Are Investors Undervaluing CareCloud (CCLD) Right Now?
ZACKS· 2026-03-13 14:40
Core Insights - The article emphasizes the importance of the Zacks Rank system, which focuses on earnings estimates and revisions to identify winning stocks [1] - Value investing is highlighted as a favored strategy that seeks to find undervalued companies in the market [2] Company Analysis - CareCloud (CCLD) is identified as a stock to watch, currently holding a Zacks Rank of 2 (Buy) and an A grade in the Value category, indicating strong potential for value investors [3] - CCLD has a price-to-book (P/B) ratio of 2.64, which is favorable compared to its industry's average P/B of 6.06, suggesting that the stock may be undervalued [4] - The stock's P/B ratio has fluctuated between a high of 2.90 and a low of 0.48 over the past 52 weeks, with a median of 1.27 [4] - CCLD's price-to-sales (P/S) ratio stands at 1.02, which is lower than the industry's average P/S of 1.65, further indicating potential undervaluation [5] - The combination of CCLD's strong earnings outlook and favorable valuation metrics positions it as an impressive value stock at present [6]
CareCloud(CCLD) - 2025 Q4 - Annual Report
2026-03-12 20:31
Financial Performance - Net revenue for the year ended December 31, 2025, was $120.5 million, an increase of 8.5% from $110.8 million in 2024[267] - Adjusted EBITDA for 2025 was $27.5 million, up from $24.1 million in 2024, reflecting a growth of 10.3%[267] - GAAP net income increased to $10.8 million in 2025, compared to $7.9 million in 2024, representing a growth of 37.3%[267] - Adjusted net income for 2025 was $14.4 million, compared to $10.5 million in 2024, marking a 37.3% increase[270] - Operating income improved to $11,343,000 in 2025, compared to $9,121,000 in 2024, marking a 24.3% increase[272] - Net income for 2025 was $10.7 million, representing 8.9% of total revenue, compared to 7.1% in 2024[312] - Net income for Q4 2025 was $2,888,000, an increase from $1,948,000 in Q4 2024, representing a year-over-year growth of 48.3%[277] - Adjusted EBITDA for Q4 2025 was $7,692,000, compared to $5,595,000 in Q4 2024, reflecting a 37.6% increase[277] Margins and Expenses - Adjusted operating margin improved to 12.2% in 2025 from 10.3% in 2024[267] - The company’s GAAP operating margin increased to 9.4% in 2025 from 8.2% in 2024[267] - Direct operating costs for 2025 were $64,456,000, up from $60,842,000 in 2024, indicating a 2.7% increase[272] - Direct operating costs rose to $64.5 million in 2025, a 6% increase from $60.8 million in 2024[315] - Total operating expenses decreased to 90.6% of total revenue in 2025 from 91.8% in 2024[312] - General and administrative expenses accounted for approximately 21% of total expenses in 2025, down from 22% in 2024[288] Assets and Equity - Total assets as of December 31, 2025, were $87,598,000, an increase from $71,614,000 in 2024[273] - Shareholders' equity rose to $59,506,000 in 2025, compared to $49,774,000 in 2024, reflecting a 19.3% increase[273] - The number of end-of-period common shares increased to 42,437,949 in 2025 from 16,256,236 in 2024[270] Cash Flow and Financing - Cash flow from operations was $28.6 million for the year ended December 31, 2025, a 38% increase from $20.6 million in 2024[331] - Cash provided by operating activities increased to $28.6 million in 2025 from $20.6 million in 2024, reflecting a net income increase of $2.9 million[335] - Cash used in investing activities was $24.5 million in 2025, up from $7.4 million in 2024, primarily due to $16.5 million spent on acquisitions[337] - Cash used by financing activities decreased to $5.6 million in 2025 from $11.3 million in 2024, including $6.3 million in preferred stock dividends[338] - The company borrowed approximately $9.3 million on the line of credit in 2025 to finance the acquisition of Medsphere[338] Operational Highlights - The company served approximately 45,000 providers as of December 31, 2025, up from 40,000 providers in 2024, indicating a growth of 12.5%[279] - The customer renewal rate for 2025 was 91%, down from 95% in 2024, suggesting a decline in client retention[280] - Revenue from technology-enabled business solutions accounted for approximately 63% of total revenues in 2025, down from 67% in 2024[281] - The company earned approximately 12% of its revenue from medical practice management services in 2025, a slight decrease from 13% in 2024[284] - The company continues to invest in technology-enabled business solutions, including AI tools and telehealth solutions, to enhance service offerings[259] Research and Development - Research and development expenses increased by 69% to $6.4 million in 2025, up from $3.8 million in 2024[318] Other Financial Metrics - The company experienced a net interest expense reduction to $81,000 in 2025 from $812,000 in 2024[272] - Interest income increased by 134% to $206,000 in 2025, compared to $88,000 in 2024[323] - The company had a total federal NOL carry forward of approximately $271 million as of December 31, 2025[329] - The company recorded no impairment charges for goodwill during the years ended December 31, 2025, and 2024[308] - The company capitalized $3.2 million in software costs in 2025, down from $5.7 million in 2024[337] - The company maintained compliance with all SVB and Provident covenants in 2025[339] - As of December 31, 2025, the company had no off-balance sheet financing arrangements[340] - The interest rate on the Provident line of credit has been declining slightly since its inception[334]
CareCloud, Inc. (CCLD) Q4 Earnings Match Estimates
ZACKS· 2026-03-12 15:16
分组1 - CareCloud, Inc. reported quarterly earnings of $0.11 per share, matching the Zacks Consensus Estimate, but down from $0.23 per share a year ago [1] - The company posted revenues of $34.42 million for the quarter ended December 2025, exceeding the Zacks Consensus Estimate by 5.30%, compared to $28.24 million in the same quarter last year [2] - CareCloud has surpassed consensus revenue estimates three times over the last four quarters [2] 分组2 - The stock has declined approximately 8.9% since the beginning of the year, while the S&P 500 has only declined by 1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $31.78 million, and for the current fiscal year, it is $0.42 on revenues of $130.33 million [7] - The Zacks Industry Rank for Medical Info Systems is in the bottom 41% of over 250 Zacks industries, indicating potential challenges for stock performance [8]