CareCloud (NASDAQ:CCLD) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
CareCloud beat estimated earnings by 150.0%, reporting an EPS of $0.15 versus an estimate of $-0.3.
Revenue was down $5.34 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.47 which was followed by a 0.71% drop in the share price the next day.
Here’s a look at CareCloud’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.22 | -0.18 | -0.18 | -0.27 |
| EPS Actual | 0.25 | 0.21 | 0.36 | 0.23 |
| Revenue Estimate | 33.22M | 34.13M | 37.36M | 33.80M |
| Revenue Actual | 32.53M | 33.72M | 37.23M | 35.34M |
To track all earnings releases for CareCloud visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
