CareCloud: Q3 Earnings Insights

CareCloud (NASDAQ:MTBC) reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings CareCloud posted an EPS of $0.21.

CareCloud (NASDAQ:MTBC) reported its Q3 earnings results on Thursday, November 3, 2022 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

CareCloud posted an EPS of $0.21.

Revenue was down $4.58 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.54 which was followed by a 2.17% increase in the share price the next day.

Here’s a look at CareCloud’s past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.18 -0.27 -0.17 -0.17
EPS Actual 0.36 0.23 0.34 0.41
Revenue Estimate 37.36M 33.80M 37.13M 36.14M
Revenue Actual 37.23M 35.34M 37.46M 38.30M

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.

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