CareCloud reports Q1 adjusted EPS 5c, consensus 5c

Reports Q1 revenue $27.6M, consensus $25.92M. “The launch of our AI Center of Excellence marks a pivotal moment in CareCloud’s (CCLD) evolution,” said A. Hadi Chaudhry, Co-CEO of CareCloud. “By building one of the largest dedicated healthcare AI teams globally, we believe we are creating real-world solutions to automate clinical workflows, optimize revenue cycle management, and improve patient outcomes. This initiative is intended to accelerate our operational efficiency as well as positioning CareCloud at the forefront of intelligent healthcare transformation – driving sustainable profitability and long-term growth for ourselves and the healthcare providers who use our services.”