CareCloud (CCLD) Set to Announce Earnings on Tuesday

CareCloud (NASDAQ:CCLDGet Free Report) is set to post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect CareCloud to post earnings of $0.20 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

CareCloud (NASDAQ:CCLDGet Free Report) last posted its earnings results on Tuesday, August 13th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.10. CareCloud had a negative net margin of 40.28% and a negative return on equity of 82.03%. The business had revenue of $28.09 million for the quarter, compared to analyst estimates of $27.89 million. On average, analysts expect CareCloud to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CareCloud Stock Up 11.2 %

Shares of NASDAQ:CCLD opened at $2.69 on Friday. The firm has a fifty day moving average price of $2.53 and a two-hundred day moving average price of $2.32. The company has a market cap of $43.60 million, a price-to-earnings ratio of -0.75 and a beta of 1.37. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.03 and a quick ratio of 1.01. CareCloud has a one year low of $0.68 and a one year high of $3.80.

Analyst Upgrades and Downgrades

Separately, Benchmark lifted their price objective on CareCloud from $4.00 to $4.50 and gave the company a “buy” rating in a research note on Tuesday, August 27th.

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CareCloud Company Profile

(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.

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Earnings History for CareCloud (NASDAQ:CCLD)

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