CareCloud reported second quarter 2026 financial results, with revenue increasing 16% to $31.9 million from $27.4 million in the prior year period. GAAP net income declined to $1.1 million from $2.9 million, resulting in a GAAP EPS of $0.00 compared to $0.04 previously. Adjusted EBITDA fell to $5.9 million from $6.5 million. The company completed the redemption of all outstanding Series B Preferred Stock on May 15, 2026, and acquired Empower Healthcare & Compliance Partners to expand its compliance offerings. Management reaffirmed full-year 2026 guidance for revenue between $128 million and $132 million and adjusted EBITDA between $29 million and $31 million. CareCloud operates in the healthcare technology industry, providing AI-powered revenue cycle management and practice management solutions.
