CareCloud — Third Quarter 2026 Earnings Summary

CareCloud reported record financial results for the third quarter of 2026, achieving a GAAP net income of $4.7 million and adjusted EBITDA of $9.9 million, both representing significant year-over-year increases. Revenue for the quarter reached $33.7 million, driven by a shift toward higher-margin offerings and operational efficiencies from AI automation that reduced manual claim touches by 44%. The company also redeemed its Series B Preferred Stock to simplify its capital structure and reduce debt by $7.4 million. Management reaffirmed its full-year 2026 guidance, projecting revenue between $128 million and $132 million and adjusted EBITDA between $29 million and $31 million.