Record-Breaking Earnings Per Share
CareCloud reported its first positive GAAP earnings per share at $0.04, compared to a loss of $0.14 per share in Q2 2024.
Significant Increase in Net Income
GAAP net income improved by 73% to $2.9 million from $1.7 million in the same period last year.
Strong Free Cash Flow
Free cash flow reached $9 million, up 85% over the same period last year.
AI Center of Excellence Operational
The AI Center of Excellence is fully operational with 100 full-time AI professionals and an additional 100 interns.
Expansion into New Markets
CareCloud received ONC Health IT certification for its talkEHR platform tailored for critical access hospitals, opening access to a $1.5 billion market.
Positive Revenue Guidance
CareCloud reaffirmed its full-year 2025 guidance, expecting revenue between $111 million and $114 million.