CareCloud: Q1 Earnings Insights

CareCloud (NASDAQ:MTBC) reported its Q1 earnings results on Monday, May 9, 2022 at 07:00 AM.

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

CareCloud reported an EPS of $0.23.

Revenue was up $5.57 million from the same period last year.

Last quarter the company beat on EPS by $0.51 which was followed by a 2.37% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.17	-0.17	-0.28	-0.39
EPS Actual	0.34	0.41	0.31	0.20
Revenue Estimate	37.13M	36.14M	32.02M	29.39M
Revenue Actual	37.46M	38.30M	34.06M	29.77M

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.