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Company Raises 2025 Revenue Outlook to $116 –$118 Million; Expects 2026 Revenue to be $128 –$130 Million
SOMERSET, N.J., Sept. 02, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (NASDAQ:CCLD, CCLDO))) ("CareCloud" or the "Company"), a leader in healthcare technology and AI-powered solutions for hospitals and medical practices nationwide, today announced updated financial guidance following the August 22, 2025 closing of its acquisition of the business assets of Medsphere Systems Corporation ("Medsphere").
For the full year 2025, CareCloud now expects revenue in the range of $116 million to $118 million, compared to its prior guidance of $111 million to $114 million, reflecting increased scale and expanded participation in the hospital IT market. The Company also anticipates that full year 2026 revenue will be $128 million to $130 million, supported by anticipated cross-selling opportunities, expanded hospital adoption, and continued investment in AI innovation. Further detailed guidance, including Adjusted EBITDA and earnings per share ("EPS") will be provided in connection with the Company's third quarter 2025 earnings release. The Company currently anticipates no change to its Adjusted EBITDA outlook, though GAAP EPS is expected to be impacted by higher non-cash amortization expense due to the acquisition.
Posted In: CCLD
