CareCloud, Inc. announced on March 13, 2025, strong financial results for the full year ended December 31, 2024, reporting GAAP net income of $7.9 million. This represents a significant turnaround from a GAAP net loss of $48.7 million in 2023.
Full year adjusted EBITDA increased to $24.1 million, up from $15.4 million in 2023, while cash flow from operations reached approximately $20.6 million, compared to $15.5 million in 2023. The company also achieved its third consecutive quarter of positive GAAP net income in Q4 2024.
CareCloud provided optimistic 2025 guidance, projecting revenue between $111 million and $114 million, Adjusted EBITDA between $26 million and $28 million, and GAAP earnings per share between $0.10 and $0.13. The company also confirmed the resumption of preferred dividend payments in February 2025.
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