CareCloud Inc (NAS:CCLDP.PFD)
$ 15 (0%) Market Cap: 0 Enterprise Value: 0 PE Ratio: 40.67 PB Ratio: 5.97 GF Score: 48/100

Q2 2026 CareCloud Inc Earnings Call Transcript

Aug 6, 2026 / 12:30 PM GMT

Key Points

Positve
  • CareCloud Inc (CCLD) delivered 16% year-over-year revenue growth in Q2 2026, marking its ninth consecutive quarter of positive GAAP net income.
  • The company completed the full redemption of its Series B preferred stock, eliminating approximately $3.3 million in annual preferred dividends and simplifying its capital structure with zero dilution to common shareholders.
  • CareCloud Inc (CCLD) entered the high-demand healthcare compliance and audit defense market through the acquisition of Empower Healthcare and Compliance Partners, which has already demonstrated success in reversing over $1 million in alleged overpayments for a client.
  • The company's recurring technology-enabled business solutions now represent approximately 75% of revenue, up from 69% a year ago, providing increased visibility into future financial performance.
  • CareCloud Inc (CCLD) is making significant progress in its AI strategy, with Stratus AI front desk signing new business, AI prior authorization and coding on track for market launch, and a potential AI-powered platform engagement with an existing private equity-based enterprise client.
Negative
  • GAAP net income for Q2 2026 was $1.1 million, down from $2.9 million in the same period last year, due to strategic investments in AI, higher interest expense, and increased amortization from acquisitions.
  • Adjusted EBITDA for Q2 2026 was $5.9 million, lower than the prior year quarter, reflecting the company's investment phase rather than margin erosion.
  • Earnings per share for Q2 2026 was breakeven after deducting $941,000 of preferred stock dividends, and the first half of 2026 resulted in a loss of $0.01 per share after preferred dividends.
  • The company's net working capital is thin at $695,000 as of June 30, 2026, which could pose liquidity concerns despite having $13.4 million in cash.
  • The company experienced a cyber breach in March 2026, and while it believes insurance will cover costs, the incident required forensic analysis and patient notifications, and the full financial impact is not yet completely resolved.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CCLD.OQ - CareCloud Inc
Q2 2026 CareCloud Inc Earnings Call
Aug 06, 2026 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Greetings. Welcome to the CareCloud, Inc. second quarter 2026 results conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press *0 on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to Brendan Covello, Corporate Counsel. Thank you, Brendan. You may begin.

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Unidentified_2 [2]
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Good morning, everyone. Welcome to CareCloud's second quarter 2026
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