CareCloud, Inc. announced on May 6, 2025, strong financial results for the first quarter ended March 31, 2025. The company reported revenue of $27.6 million, marking a 6% increase year-over-year from $26.0 million in Q1 2024.
GAAP net income reached $1.9 million, a significant improvement compared to a net loss of $241,000 in the prior year's first quarter. Adjusted EBITDA increased by 52% to $5.6 million, up from $3.7 million in Q1 2024.
The company reaffirmed its full-year 2025 guidance, expecting revenue between $111 million and $114 million, Adjusted EBITDA between $26 million and $28 million, and GAAP EPS between $0.10 and $0.13. These results highlight CareCloud's continued financial turnaround and growth momentum.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.