Quarterly ResultMay 7, 2026, 07:03 AM
CareCloud Reaffirms Guidance; Q1 Revenue +13% to $31.3M
AI Summary
CareCloud, Inc. announced its Q1 2026 financial results, reporting a 13% year-over-year revenue increase to $31.3 million. The company reaffirmed its full-year 2026 financial guidance, projecting revenue between $128 million and $132 million and GAAP EPS of $0.20 to $0.23. This follows significant capital structure simplification, including a new $50 million credit facility and the planned redemption of all Series B Preferred Stock, alongside new AI product launches aimed at expanding margins and market reach.
Key Highlights
- CareCloud reaffirmed 2026 financial guidance following capital structure simplification.
- Secured a new $50 million credit facility and announced full redemption of Series B Preferred Stock.
- Launched AI Center of Excellence with stratusAI Desk Agent automating ~75% of inbound calls.
- Q1 2026 revenue grew 13% year-over-year to $31.3 million.
- Q1 2026 GAAP net income was $922,000, compared to $1.9 million in Q1 2025.
- Q1 2026 Adjusted EBITDA was $5.4 million, compared to $5.6 million in Q1 2025.
- Full year 2026 revenue guidance is $128 million to $132 million.
- Full year 2026 GAAP EPS guidance is $0.20 to $0.23, a 100-130% increase from 2025.