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Earnings Releases·

CareCloud — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue rose 9% year-over-year to $33.7 million, while GAAP net income surged 54% to $4.7 million and adjusted EBITDA increased 28% to $9.9 million, marking the company's most profitable quarter in history.
  • The company reaffirmed full-year 2026 guidance of $128–$132 million in revenue and $29–$31 million in adjusted EBITDA, with GAAP EPS guidance of $0.20–$0.23 representing a 100–130% increase over 2025 actuals.
  • Strategic capital allocation included reducing debt by $7.4 million and redeeming all Series B Preferred Stock for $41.6 million to replace perpetual equity with amortizing debt, while AI integration reduced manual claim touches by 44%.
  • Future growth drivers include the late Q4 2026 launch of a SaaS compliance offering, new revenue from AI-enabled enterprise workflows, and cross-selling opportunities following the May 2026 acquisition of Empower.
Company
CARECLOUD INC
Sector
Healthcare
Industry
Health Information Services