CareCloud: Q2 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


 

CareCloud (NASDAQ:MTBC) reported its Q2 earnings results on Thursday, August 4, 2022 at 07:00 AM.

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

Earnings

CareCloud reported an EPS of $0.37.

Revenue was up $3.16 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.5 which was followed by a 1.73% increase in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.27 -0.17 -0.17 -0.28
EPS Actual 0.23 0.34 0.41 0.31
Revenue Estimate 33.80M 37.13M 36.14M 32.02M
Revenue Actual 35.34M 37.46M 38.30M 34.06M

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.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsNewsBZI-Recaps