CareCloud (NASDAQ:CCLD) Releases FY 2025 Earnings Guidance

CareCloud (NASDAQ:CCLD) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.100-0.130 for the period, compared to the consensus estimate of -0.210. The company issued revenue guidance of $111.0 million-$114.0 million, compared to the consensus revenue estimate of $112.2 million.

CareCloud Stock Performance

CareCloud stock opened at $1.60 on Thursday. The company has a market capitalization of $26.01 million, a PE ratio of -0.50 and a beta of 1.55. CareCloud has a fifty-two week low of $1.01 and a fifty-two week high of $4.84. The firm has a 50 day moving average price of $3.34 and a 200 day moving average price of $3.05.

CareCloud (NASDAQ:CCLD) last issued its quarterly earnings data on Thursday, March 13th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). CareCloud had a negative net margin of 35.25% and a negative return on equity of 87.98%. As a group, equities research analysts forecast that CareCloud will post 0.58 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on CCLD. Roth Mkm lowered shares of CareCloud from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $5.00 to $3.50 in a research note on Wednesday, November 13th. Benchmark reiterated a “buy” rating and set a $4.50 target price on shares of CareCloud in a report on Friday, November 15th. Finally, Roth Capital downgraded shares of CareCloud from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

About CareCloud

CareCloud, Inc, a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Medical Practice Management. The company's portfolio of proprietary software and business services includes technology-enabled business solutions; cloud-based software; digital health services; healthcare IT professional services and staffing; and medical practice management services.