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CareCloud (CCLD)
NASDAQ:CCLD
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.02Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: -7.50%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a largely positive outlook with significant achievements in profitability, cash flow, and strategic restructuring of capital through preferred stock conversion. These highlights are balanced by modest revenue declines and ongoing dividend obligations for remaining preferred shares. Overall, the company is positioned for growth with innovations in AI and strategic market moves.Company Guidance
During the CareCloud Fourth Quarter 2024 Results Call, guidance for 2025 included several key financial metrics. The company projected revenue growth in the range of $111 million to $114 million, reflecting a strategic shift towards increasing revenue after previous declines. Adjusted EBITDA is anticipated to be between $26 million and $28 million, indicating a continued focus on maintaining profitability while investing in innovation. Earnings per share (EPS) are expected to range from $0.10 to $0.13, marking the first anticipated positive EPS since the company's IPO in 2014. Additionally, CareCloud achieved record-breaking profitability in 2024 with an adjusted EBITDA of $24.1 million, a 56% increase year-over-year, and net income reaching an all-time high of $7.9 million. Free cash flow also surged to $13.2 million, representing a nearly 250% increase from the previous year. These projections and results highlight CareCloud's strategic focus on operational efficiencies, AI-driven solutions, and a return to acquiring client relationships as key growth drivers for the upcoming year.Record-Breaking Profitability
The company achieved the strongest year of profitability in its history with adjusted EBITDA rising to $24.1 million, a 56% increase year-over-year, and net income reaching an all-time high of $7.9 million.
Significant Increase in Free Cash Flow
CareCloud generated $13.2 million in free cash flow, a year-over-year increase of nearly 250%, demonstrating disciplined cost management and operational excellence.
Series A Preferred Stock Conversion
The conversion of Series A preferred shares into common stock was completed, providing benefits to preferred shareholders and aligning their interests with common shareholders, freeing up resources previously tied to dividend obligations.
Positive Earnings Per Share Guidance for 2025
The company anticipates positive earnings per share for 2025 for the first time since going public in 2014, with EPS expected to range between $0.10 and $0.13.
AI-Driven Innovation and Expansion
Continued development of AI-driven solutions like cirrusAI Notes, expected to drive efficiency and innovation, alongside the introduction of specialty-based EHR solutions.
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CCLD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CCLD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $1.60 | $1.60 | 0.00% |
| Nov 12, 2024 | $2.61 | $3.17 | +21.46% |
| Aug 13, 2024 | $2.04 | $2.30 | +12.75% |
| May 14, 2024 | $2.32 | $1.83 | -21.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CareCloud (CCLD) report earnings?
CareCloud (CCLD) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is CareCloud (CCLD) earnings time?
CareCloud (CCLD) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CCLD EPS forecast?
CCLD EPS forecast for the fiscal quarter 2025 (Q1) is -0.05.
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