The latest update is out from CareCloud ( (CCLD) ).
On March 13, 2025, CareCloud reported strong financial results for the full year 2024, marking a significant turnaround from 2023. The company achieved a GAAP net income of $7.9 million, compared to a net loss of $48.7 million the previous year, and adjusted EBITDA increased by 56% to $24.1 million. The company also resumed preferred dividends and fully repaid its credit line, positioning itself for future growth. CareCloud’s strategic execution and AI-driven innovation have contributed to its improved financial performance and strengthened balance sheet, setting the stage for continued profitability and long-term growth.
More about CareCloud
CareCloud, Inc. is a leader in healthcare technology and generative AI solutions, focusing on transforming clinical workflows and revenue cycle automation to enhance operational efficiency and profitability.
YTD Price Performance: -58.01%
Average Trading Volume: 186,131
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $26.01M
For detailed information about CCLD stock, go to TipRanks’ Stock Analysis page.