CareCloud NASDAQ: CCLD reported second-quarter revenue growth of 16% and its ninth consecutive quarter of GAAP profitability, while emphasizing investments in artificial intelligence, acquisition integration and an expanded healthcare compliance offering.
CareCloud, Inc. (CCLD) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.07 per share a year ago.
Hundreds of thousands of people are receiving letters notifying them that their medical records were stolen in a cyberattack at U.S. health tech giant CareCloud earlier this year, as new details about the data breach come to light.
| Insurance Industry | Financials Sector | Stephen A. Snyder CEO | NASDAQ (NMS) Exchange | 14167R209 CUSIP |
| US Country | 3,650 Employees | 30 Apr 2025 Last Dividend | - Last Split | - IPO Date |
CareCloud, Inc., originally established as MTBC, Inc., is a pioneering healthcare information technology (IT) company that specializes in delivering a robust suite of cloud-based solutions and associated business services. Primarily operating within the United States, CareCloud caters to healthcare providers and hospitals, facilitating smoother operations across two main segments: Healthcare IT and Medical Practice Management. Founded in 1999 and having its headquarters situated in Somerset, New Jersey, the company represents a blend of innovation and expertise in the healthcare IT domain. After rebranding to CareCloud, Inc. in March 2021, the company has continued to evolve its offerings, aiming to improve the healthcare industry's efficiency, accessibility, and quality of care through its advanced technology solutions and services.
CareCloud, Inc. offers a comprehensive array of products and services designed to address the myriad needs of healthcare providers and hospitals. These include: