CareCloud Reports Third Quarter 2024 Results
CareCloud, Inc. (CCLD)
Company Research
Source: GlobeNewswire
Pays Off Credit Line, Plans to Resume Preferred Dividends in Q1 2025 SOMERSET, N.J., Nov. 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 on its Series A and B Preferred Stock on March 15, 2025. The Company’s management will conduct a conference call with related slides today at 8:30 a.m. Eastern Time to discuss these results and management’s outlook for the year. Third Quarter 2024 Highlights GAAP net income of $3.1 million, compared to a net loss of $2.7 million in Q3 2023Adjusted net income of $3.5 million, compared to $200 thousand in Q3 2023, an increase of 1,610%Adjusted EBITDA of $6.8 million, compared to $3.2 million in Q
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CCLD
News
- CareCloud Transfers Funds for Preferred Stock DividendsGlobeNewswire
- Up to 70% Time Savings Achieved with Fully Integrated Advanced Referral Module of CareCloud's AI-Enabled EHRGlobeNewswire
- CareCloud Achieves Industry-Leading Security and Compliance Attestation, Uniquely Positioned to Grow Among Large Healthcare Enterprises [Yahoo! Finance]Yahoo! Finance
- CareCloud Achieves Industry-Leading Security and Compliance Attestation, Uniquely Positioned to Grow Among Large Healthcare EnterprisesGlobeNewswire
- CareCloud to Present at The Microcap Conference 2025GlobeNewswire
CCLD
Earnings
- 11/12/24 - Beat
CCLD
Sec Filings
- 2/11/25 - Form 4
- 2/11/25 - Form 4
- 2/11/25 - Form 4
- CCLD's page on the SEC website