CareCloud, Inc.

CareCloud, Inc. entered into a First Amendment to its Credit Agreement with Citizens Bank, N.A., effective May 6, 2026. The amendment extends the deadline for securities account pledge documentation to 105 days and modifies the information and notice requirements for permitted acquisitions. Additionally, it revises the liquidity condition for permitted acquisitions, requiring a minimum Aggregate Liquidity of $3,000,000.00.

CareCloud, Inc. announced the acquisition of Empower Healthcare & Compliance Partners, LLC, a full-service healthcare compliance and advisory firm. The transaction, which closed on May 22, 2026, was funded through an asset purchase from CareCloud's operating cash flow. This acquisition is expected to add significant value to CareCloud's customers by integrating compliance, audit-defense, and regulatory expertise into its AI-powered platform, creating new growth and cross-selling opportunities among its more than 45,000 providers. While strategically important, the acquisition is not anticipated to materially impact CareCloud's 2026 financial results.

CareCloud, Inc. announced the full redemption of its 8.75% Series B Preferred Stock, a significant step in its capital structure evolution. This redemption was funded by a new $50 million credit facility, replacing higher-cost preferred equity with lower-cost institutional financing. The company highlighted its growth, including expected 2026 revenue of $130 million and positive GAAP net income in 2025, and noted its $60 million ATM facility for opportunistic growth capital at or above $5.00 per share.

CareCloud, Inc. announced the completion of the full redemption of all issued and outstanding shares of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock on May 15, 2026. The redemption price was $27.52 per share, including accumulated dividends, totaling approximately $41.6 million. Consequently, the Series B Preferred Stock was delisted from the Nasdaq Global Market as of May 14, 2026, though the company's common stock listing remains unaffected.

CareCloud, Inc. reported a net revenue of $31.27 million for the first quarter of 2026, a 13.17% increase from $27.63 million in Q1 2025. Despite this revenue growth, operating income decreased by 50.47% and net income fell by 52.67% year-over-year. However, the net loss attributable to common shareholders significantly improved to $(0.44) million, or $(0.01) per share, compared to $(0.86) million, or $(0.04) per share, in the prior year. The company continued to integrate recent acquisitions, including MAP App, Medsphere Systems Corporation, and RevNu Medical Management, which contributed to revenue.

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.

CareCloud, Inc. reaffirmed its financial guidance after successfully closing a $50 million credit facility and redeeming all of its Series B Preferred Stock. CEO Stephen Snyder stated these actions simplify the capital structure and strengthen the company's financial foundation, validating its operating model and long-term outlook. The company highlighted its growth from $23 million revenue and negative EBITDA in 2015 to approximately $130 million revenue and $30 million annualized adjusted EBITDA today.

CareCloud, Inc. has formally entered into a new Credit Agreement, dated April 13, 2026. This financial arrangement designates CareCloud as the Borrower, with Citizens Bank, N.A. acting in multiple key roles including Administrative Agent, Sole Lead Arranger, and Sole Bookrunner. The agreement establishes a framework for the company's borrowing and credit facilities.

CareCloud, Inc. has entered into a new Credit Agreement dated April 13, 2026. Citizens Bank, N.A. is serving as the Administrative Agent, Sole Lead Arranger, and Sole Bookrunner for this agreement. This new credit facility provides the company with financing, outlining terms for borrowings, interest, fees, and covenants.