SOMERSET, N.J., Jan. 24, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company" or "CareCloud") (NASDAQ:CCLD, CCLDO, CCLDP)), a leading provider of healthcare information technology and generative AI solutions for medical practices and health systems nationwide, today announced that shareholders have tentatively approved the proposal to increase the number of authorized common shares. Approximately 10.4 million votes by proxy have been returned (the "votes") in favor of increasing the authorized number of ...

Accelerated Timeline Reflects Strong Financial Performance and Commitment to Shareholder Value SOMERSET, N.J., Jan. 21, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the "Company") (NASDAQ:CCLD, CCLDO, CCLDP)), a leader in healthcare information technology and generative AI solutions for medical practices and health systems nationwide, today announced that its Board of Directors (the "Board") has decided to resume dividend payments on its Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A P ...

Accelerated Timeline Reflects Strong Financial Performance and Commitment to Shareholder Value SOMERSET, N.J., Jan. 21, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leader in healthcare information technology and generative AI solutions for medical practices and health systems nationwide, today announced that its Board of Directors (the “Board”) has decided to resume dividend payments on its Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A P ...

SOMERSET, N.J., Jan. 06, 2025 (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 approximately 94% of the shares represented by proxies submitted to-date for the common stock special meeting scheduled for January 27, 2025 (the “Special Meeting”) have voted “FOR” the Board-supported proposal to increase the number of authorized shares (the “Proposal”). The Propo ...

Leadership Changes - CareCloud announces a strategic realignment of its leadership team, effective January 1, 2025, with A Hadi Chaudhry and Stephen Snyder serving as Co-CEOs and Crystal Williams appointed as President [1] - The leadership changes aim to focus on transformative technology-driven innovations, revenue growth, and delivering an exceptional client experience [2] - Chaudhry will focus on advancing the company's technology and AI strategies, while Snyder will lead acquisitive and organic growth strategies [2] - Williams, as President, will focus on elevating the client experience, expanding wallet share, and improving client outcomes [3] Financial Performance - In 2024, CareCloud returned to positive GAAP income and achieved a 50% year-over-year increase in adjusted EBITDA [4] - The company generated significant free cash flow, enabling it to pay off its entire line of credit with internally generated cash flow in the first nine months of 2024 [4] - CareCloud's common stock surged by over 300% in the past year [4] Strategic Focus - CareCloud is positioned to leverage its technology and operational expertise to deliver sustained long-term growth, improved client outcomes, and enhanced shareholder value [5] - The company's focus includes advancing AI strategies, driving revenue growth, and enhancing the client experience [2][3] Company Overview - CareCloud provides healthcare technology and generative AI solutions, serving over 40,000 providers nationwide [6] - The company's solutions include revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM), and digital health [6]

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating CareCloud, Inc. (NASDAQ: CCLD) on behalf of the company's shareholders.  The investigation seeks to determine whether CareCloud's directors breached their fiduciary duties in connection with recent corporate actions.If you are a shareholder of CareCloud and are interested in obtaining additional information regarding your rights and options, free of charge, please visit us at: https://pjlfirm.com/carecloud-inc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 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 Number: 001-36529 CareCloud, Inc. (Exact name of registrant as specified in its charter) Delaware 22-3832302 (State or other jurisdicti ...

CareCloud, Inc. (NASDAQ:CCLD) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Mahmud Haq - Founder and Executive Chairman Hadi Chaudhry - Chief Executive Officer Stephen Snyder - President Norman Roth - Chief Financial Officer and Corporate Controller Crystal Williams - Chief Operating Officer Conference Call Participants Destiny Hance - Ladenburg Hulman Allen Klee - Maxim Group Operator Greetings. And welcome to the CareCloud Inc. Third Quarter 2024 Results Conference Cal ...

Q3 2024 RESULTS | --- | --- | |------------------------------------------|-------| | | | | | | | Nasdaq Global Market: CCLD, CCLDP, CCLDO | | | November 12, 2024 | | | | | | | | | © | | Safe Harbor Statements © 1 This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such ...

Exhibit 99.1 CareCloud Reports Third Quarter 2024 Results Pays Of Credit Line, Plans to Resume Preferred Dividends in Q1 2025 SOMERSET, N.J. November 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 o ...