MTBC Medical Transcription Billing Corp

CareCloud Increases 2025 Revenue Guidance Following Medsphere Acquisition

CareCloud Increases 2025 Revenue Guidance Following Medsphere Acquisition

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.

“This increase in revenue guidance underscores the strong momentum generated by our transformative acquisition of Medsphere and the market demand we are seeing across our expanded product portfolio,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud. “We are excited by the opportunities ahead as we bring CareCloud’s AI-driven solutions to both ambulatory and inpatient providers nationwide.”

“Our AI Center of Excellence is rapidly advancing tools that automate revenue cycle workflows and support clinicians in real time,” said A. Hadi Chaudhry, Co-Chief Executive Officer of CareCloud. “These innovations are designed to improve efficiency, strengthen financial performance, and enhance patient outcomes across the care continuum.”

About CareCloud

CareCloud brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence, patient experience management (PXM) and digital health, at .

Follow CareCloud on ,  and .

For additional information, please visit our website at . To listen to video presentations by CareCloud’s management team, read recent press releases and view the latest investor presentation, please visit .

Forward-Looking Statements

This press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “shall,” “should,” “could”, “intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,” “predicts,” “possible,” “potential,” “target,” or “continue” or the negative of these terms or other comparable terminology.

Our operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking statements in this press release include, without limitation, statements reflecting management's expectations for future financial performance and operating expenditures, expected growth, profitability and business outlook, and the expected results from the integration of our acquisitions. Past operational or stock price performance is not an indication of future performance.

These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s) actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation, risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’ products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission.

The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

SOURCE: CareCloud

Company Contact: 

Norman Roth 

Interim Chief Financial Officer and Corporate Controller 

CareCloud, Inc.

 

Investor Contact:

Stephen Snyder 

Co-Chief Executive Officer 

CareCloud, Inc. 



EN
02/09/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Medical Transcription Billing Corp

 PRESS RELEASE

CareCloud Increases 2025 Revenue Guidance Following Medsphere Acquisit...

CareCloud Increases 2025 Revenue Guidance Following Medsphere Acquisition 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 ye...

 PRESS RELEASE

CareCloud Closes Medsphere Acquisition, Expanding into the Hospital IT...

CareCloud Closes Medsphere Acquisition, Expanding into the Hospital IT Market Transformational acquisition extends CareCloud’s reach into inpatient EHR and RCM, bringing affordable solutions to small and mid-sized hospitals nationwide. SOMERSET, N.J., Aug. 25, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and AI-powered solutions, today announced it has acquired the business assets of Medsphere Systems Corporation (“Medsphere”), a provider of enterprise inpatient and ambulatory solutions with a 23-year legacy and more th...

 PRESS RELEASE

CareCloud Reports Second Quarter 2025 Results

CareCloud Reports Second Quarter 2025 Results Delivers first quarter of positive GAAP EPS in Company’s history since going public, announces initial results from AI Initiative SOMERSET, N.J., Aug. 05, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leader in healthcare technology and generative AI solutions, today announced strong financial results for the quarter ended June 30, 2025. CareCloud’s strategic execution, AI-driven innovation, and disciplined financial management has positioned the Company for sustained profitability and long-term growth. Man...

 PRESS RELEASE

CareCloud’s TalkEHR Approved for Use by Critical Access Hospitals, Unl...

CareCloud’s TalkEHR Approved for Use by Critical Access Hospitals, Unlocking $1.5B+ Inpatient Market SOMERSET, N.J., Aug. 04, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: CCLD, CCLDO) (“CareCloud” or the “Company”), a leading provider of healthcare technology and generative AI solutions, today announced that its electronic health record (“EHR”) platform has achieved ONC Health IT Certification specifically for Critical Access Hospitals (“CAHs”), a milestone officially granted on August 1, 2025. This certification marks CareCloud’s strategic entry into the inpatient EHR market, unlocking access to ...

 PRESS RELEASE

CareCloud Announces Preferred Stock Dividend Payments

CareCloud Announces Preferred Stock Dividend Payments SOMERSET, N.J., July 25, 2025 (GLOBE NEWSWIRE) -- (the “Company”) (Nasdaq: CCLD, CCLDO), a leader in healthcare technology and generative AI solutions for medical practices and health systems nationwide, announced today that its Board of Directors (the “Board”) has declared monthly cash dividends for its 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”) and its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock (“Series B Preferred Stock”) for July, August and September 2025. The ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch