CareCloud (NASDAQ:CCLD) Updates FY 2025 Earnings Guidance

CareCloud (NASDAQ:CCLDGet Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.100-0.130 for the period, compared to the consensus earnings per share 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 Down 8.1 %

NASDAQ CCLD opened at $1.47 on Friday. The company has a market cap of $23.90 million, a price-to-earnings ratio of -0.46 and a beta of 1.55. CareCloud has a 52 week low of $1.01 and a 52 week high of $4.84. The business has a 50 day moving average price of $3.25 and a 200-day moving average price of $3.03.

Wall Street Analyst Weigh In

CCLD has been the subject of a number of recent analyst reports. Benchmark restated a “buy” rating and issued a $4.50 price objective on shares of CareCloud in a research note on Friday, November 15th. Roth Mkm restated a “neutral” rating and issued a $1.50 price objective (down previously from $3.50) on shares of CareCloud in a research note on Friday.

Get Our Latest Stock Report on CCLD

About CareCloud

(Get Free Report)

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.

See Also

Receive News & Ratings for CareCloud Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CareCloud and related companies with MarketBeat.com's FREE daily email newsletter.