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CareCloud Q1 GAAP net income falls to 922,000; revenue rises 13% to $31.3 million

PUBT·05/07/2026 11:02:37
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CareCloud Q1 GAAP net income falls to 922,000; revenue rises 13% to $31.3 million
  • CareCloud revenue rose 13% year over year to USD 31.3 million in Q1 2026.
  • GAAP net income fell to USD 922,000, while GAAP EPS improved to a loss of USD 0.01 per share.
  • Adjusted EBITDA edged down to USD 5.4 million.
  • Closed a USD 50 million credit facility, scheduled full redemption of Series B Preferred Stock for May 15, 2026.
  • Expanded into inpatient software with an inpatient EHR, RCM and analytics offering, while stratusAI Desk Agent automated about 75% of inbound calls; reaffirmed full-year guidance for revenue of USD 128-132 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CareCloud Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605070700PRIMZONEFULLFEED9715022) on May 07, 2026, and is solely responsible for the information contained therein.