CareCloud, Inc. (MTBC)

NASDAQ: MTBC · IEX Real-Time Price · USD
3.96
0.05 (1.28%)
May 18, 2022 10:53 AM EDT - Market open
Market Cap59.66M
Revenue (ttm)145.17M
Net Income (ttm)-9.02M
Shares Out15.07M
EPS (ttm)-0.77
PE Ration/a
Forward PE6.61
Dividendn/a
Ex-Dividend Daten/a
Volume3,919
Open3.89
Previous Close3.91
Day's Range3.80 - 3.99
52-Week Range3.25 - 9.39
Beta0.93
AnalystsBuy
Price Target13.34 (+236.9%)
Earnings DateMay 9, 2022

About MTBC

CareCloud, Inc., a healthcare information technology (IT) company, provides a suite of cloud-based solutions and related business services to healthcare providers and hospitals primarily in the United States. It operates in two segments, Healthcare IT and Practice Management. The company's Software-as-a-Service platform includes revenue cycle management, practice management, electronic health record, business intelligence, telehealth, and patient experience management solutions, as well as complementary software tools and business services for ...

IndustryHealth Care Technology
IPO DateJul 23, 2014
CEOStephen Snyder
Employees4,100
Stock ExchangeNASDAQ
Ticker SymbolMTBC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for MTBC stock is "Buy." The 12-month stock price forecast is 13.34, which is an increase of 236.87% from the latest price.

Price Target
$13.34
(236.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CareCloud, Inc. (MTBC) Reports Q1 Loss, Tops Revenue Estimates

CareCloud, Inc. (MTBC) delivered earnings and revenue surprises of 29.63% and 5.12%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

University of Tennessee Health Science Center Leverages CareCloud's Technology to Enhance Revenues and Streamline Wor...

SOMERSET, N.J., May 09, 2022 (GLOBE NEWSWIRE) -- CareCloud , Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today ann...

1 week ago - GlobeNewsWire

CareCloud Reports First Quarter 2022 Results

SOMERSET, N.J., May 09, 2022 (GLOBE NEWSWIRE) -- CareCloud , Inc. (the “Company” or “CareCloud”) (Nasdaq: MTBC, MTBCO and MTBCP), a leader in healthcare technology solutions for medical practices and he...

1 week ago - GlobeNewsWire

CareCloud's talkEHR Selected by University of Nebraska Medical Center

SOMERSET, N.J., May 05, 2022 (GLOBE NEWSWIRE) -- CareCloud , Inc. (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today ann...

1 week ago - GlobeNewsWire

CareCloud Declares Dividends on Non-Convertible Series A and Series B Cumulative Redeemable Perpetual Preferred Stock

SOMERSET, N.J., May 03, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc.  (the “Company”) (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems natio...

2 weeks ago - GlobeNewsWire

CareCloud Adds Chronic Care Management Service to its Digital Health Portfolio

CareCloud Wellness empowers practices to participate in the CCM program, with a turnkey solution for coordinated care.

3 weeks ago - GlobeNewsWire

CareCloud to Announce First Quarter 2022 Results on May 9, 2022

SOMERSET, N.J., April 25, 2022 (GLOBE NEWSWIRE) -- CareCloud , Inc . (formerly MTBC, Inc., or the “Company”) (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practic...

3 weeks ago - GlobeNewsWire

CareCloud to Attend Becker's 12th Annual Meeting

CareCloud's me dSR division will showcase its IT and operations consulting services at Booth 1311

3 weeks ago - GlobeNewsWire

CareCloud Releases New Digital Health Solution to Help Skilled Homecare Practices Achieve Greater Workflow Efficiency

SOMERSET, N.J., March 31, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc.  (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, has rel...

1 month ago - GlobeNewsWire

CareCloud, Inc. (MTBC) Stock Jumps 15.5%: Will It Continue to Soar?

CareCloud, Inc. (MTBC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

1 month ago - Zacks Investment Research

CareCloud to Participate in the 2022 Virtual Growth Conference

CareCloud CFO Bill Korn to Join Panel Discussion on “Technology Improving Healthcare”

1 month ago - GlobeNewsWire

CareCloud, Inc. (MTBC) Reports Q4 Loss, Tops Revenue Estimates

CareCloud, Inc. (MTBC) delivered earnings and revenue surprises of 94.12% and 4.21%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

CareCloud Appoints New Executive Leaders to Support Company's Organic Growth

SOMERSET, N.J., March 14, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc.  (Nasdaq: MTBC, MTBCO and MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, toda...

2 months ago - GlobeNewsWire

CareCloud Declares Dividends on Non-Convertible Series A and Series B Cumulative Redeemable Perpetual Preferred Stock...

SOMERSET, N.J., March 11, 2022 (GLOBE NEWSWIRE) -- CareCloud , Inc.  (the “Company”) (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practices and health systems na...

2 months ago - GlobeNewsWire

CareCloud to Announce Fourth Quarter and Full Year 2021 Results on March 14, 2022

SOMERSET, N.J., March 03, 2022 (GLOBE NEWSWIRE) -- CareCloud , Inc. (formerly MTBC, Inc., or the “Company”) (Nasdaq: MTBC, MTBCO, MTBCP), a leader in healthcare technology solutions for medical practice...

2 months ago - GlobeNewsWire

Earnings Preview: CareCloud, Inc. (MTBC) Q4 Earnings Expected to Decline

CareCloud, Inc. (MTBC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

CareCloud Announces Redemption of $20 Million of its Series A Preferred Stock

SOMERSET, N.J., Feb. 15, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP) (Nasdaq: MTBCO), a leader in healthcare technology solutions for medical practices and health systems nat...

3 months ago - GlobeNewsWire

CareCloud Declares First Dividend on Non-Convertible Series B Cumulative Redeemable Perpetual Preferred Stock

SOMERSET, N.J., Feb. 14, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc.  (the “Company”) (Nasdaq: MTBC) (Nasdaq: MTBCP) (Nasdaq: MTBCO), a leading provider of proprietary, cloud-based healthcare IT solutions ...

3 months ago - GlobeNewsWire

tab32 Appoints Health Tech Veteran Daniel Masvidal as SVP of Operations

ROCKLIN, Calif., Feb. 10, 2022 /PRNewswire/ --  tab32 , the dental industry's #1 cloud-based, fully integrated technology platform, today announced the appointment of health-tech veteran Daniel Masvidal...

3 months ago - PRNewsWire

CareCloud Completes Offering of Series B Non-Convertible Preferred Stock

SOMERSET, N.J., Feb. 02, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today a...

3 months ago - GlobeNewsWire

CareCloud Announces Pricing of Public Offering of Preferred Stock

SOMERSET, N.J., Jan. 28, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, announc...

3 months ago - GlobeNewsWire

CareCloud Announces Commencement of Public Offering of Preferred Stock

SOMERSET, N.J., Jan. 27, 2022 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today a...

3 months ago - GlobeNewsWire

CareCloud Extends the Power of its Business Intelligence Platform to Independent Practice Market Segment

PrecisionBI Lite captures critical data insights for small, high-growth practices

3 months ago - GlobeNewsWire

CareCloud Reinvents its Healthcare Analytics and Business Intelligence Platform, PrecisionBI

PrecisionBI is now a scalable, cloud-based SaaS technology that extends platform accessibility

4 months ago - GlobeNewsWire

CareCloud Business Doubles During the Last Two Years

Increasing emphasis on technology-driven solutions

4 months ago - GlobeNewsWire