CareCloud Q3 profit grows on AI-driven efficiency gains
CCLD•CareCloud's third-quarter revenue rose 9% year over year to $33.73 million, while adjusted EPS increased to $0.14. The company reaffirmed 2026 revenue guidance of $128 million to $132 million and expects adjusted EBITDA of $29 million to $31 million.
1. Quarterly results
CareCloud reported third-quarter revenue of $33.73 million, up 9% year over year and slightly above the $33.49 million consensus estimate. Adjusted EPS was $0.14, above the $0.12 estimate; GAAP EPS was $0.10 and adjusted EBITDA was $9.90 million.
2. Efficiency and outlook
The company said AI and automation in claims processing reduced manual work and increased efficiency, supporting higher profitability. A shift toward higher-margin offerings and improved operational efficiency also lifted margins, while the acquisition of Empower contributed to client wins and cross-selling opportunities. CareCloud reaffirmed 2026 revenue guidance of $128 million to $132 million and expects adjusted EBITDA of $29 million to $31 million and GAAP EPS of $0.20 to $0.23.
