CareCloud announced a plan to pay double monthly dividends on its 8.75% Series B cumulative redeemable perpetual preferred stock, beginning with the January 2026 dividend. The plan will clear 14 months of accumulated arrears that accrued from November 2023 through December 2024, amounting to roughly $3.9 million or $2.55 per share.
The dividend initiative follows a turnaround that saw Q3 2025 revenue rise 9% year‑over‑year to $31.1 million and GAAP earnings per share turn positive at $0.04, compared with a loss of $0.04 in Q3 2024. Management attributes the improvement to stronger recurring revenue, margin expansion, and AI‑driven efficiencies across its revenue‑cycle management and practice‑management platforms.
CareCloud’s board also raised its full‑year 2025 revenue guidance to $117‑$119 million from the prior $110‑$112 million range, reflecting confidence in continued demand for its solutions. The company emphasized that the dividend plan will be funded from internally generated cash flow, avoiding dilution for common shareholders.
The plan signals that CareCloud has restored sufficient liquidity to meet preferred dividend obligations and to clear arrears after the December 2023 suspension, which was aimed at strengthening the balance sheet. Strategic focus on AI integration and recent acquisitions—such as Medsphere Systems and MAP App—has broadened the product portfolio and contributed to the improved cash flow.
Management highlighted that the double‑monthly schedule will provide shareholders with a more predictable income stream while the company continues to invest in growth initiatives. CFO Norman Roth noted that the company’s cash‑flow generation has become robust enough to support both dividend payments and reinvestment.
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.