Tearsheet

CareCloud (CCLD)


Market Price (4/29/2026): $3.18 | Market Cap: $135.0 Mil
Sector: Health Care | Industry: Health Care Technology

CareCloud (CCLD)


Market Price (4/29/2026): $3.18
Market Cap: $135.0 Mil
Sector: Health Care
Industry: Health Care Technology

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 15%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%

Megatrend and thematic drivers
Megatrends include Cloud Computing, and Digital Health & Telemedicine. Themes include Software as a Service (SaaS), Telehealth Platforms, Show more.

Weak multi-year price returns
3Y Excs Rtn is -79%

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.1%

Key risks
CCLD key risks include [1] the potential forced resignation of its public accounting firm and [2] geopolitical instability impacting its substantial operations in Pakistan and Sri Lanka.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 15%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17%
2 Megatrend and thematic drivers
Megatrends include Cloud Computing, and Digital Health & Telemedicine. Themes include Software as a Service (SaaS), Telehealth Platforms, Show more.
3 Weak multi-year price returns
3Y Excs Rtn is -79%
4 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -4.1%
5 Key risks
CCLD key risks include [1] the potential forced resignation of its public accounting firm and [2] geopolitical instability impacting its substantial operations in Pakistan and Sri Lanka.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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CareCloud (CCLD) stock has gained about 10% since 12/31/2025 because of the following key factors:

1. CareCloud achieved its first full year of positive GAAP EPS since its 2014 IPO in 2025, reporting $0.10, alongside a 37.5% year-over-year increase in GAAP net income to $10.8 million. The company also issued a robust 2026 guidance, projecting revenues between $128 million and $132 million, adjusted EBITDA of $29 million to $31 million, and GAAP EPS of $0.20 to $0.23. This positive financial performance and outlook, announced in March 2026, spurred a notable increase in the stock price, with shares gaining 9.4% the day after the earnings announcement and drifting 10.0% higher in the subsequent 40 days.

2. The company significantly improved its financial flexibility and capital structure in April 2026 by closing a new $50 million credit facility and redeeming 100% of its Series B preferred stock. Management highlighted that these actions provide institutional support for its next growth phase and contribute to an operating model generating approximately $130 million in revenue and $30 million in annualized adjusted EBITDA.

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Stock Movement Drivers

Fundamental Drivers

The 8.9% change in CCLD stock from 12/31/2025 to 4/28/2026 was primarily driven by a 13.3% change in the company's P/E Multiple.
(LTM values as of)123120254282026Change
Stock Price ($)2.923.188.9%
Change Contribution By: 
Total Revenues ($ Mil)1141205.4%
Net Income Margin (%)9.8%9.0%-8.6%
P/E Multiple11.012.513.3%
Shares Outstanding (Mil)4242-0.2%
Cumulative Contribution8.9%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/28/2026
ReturnCorrelation
CCLD8.9% 
Market (SPY)5.2%19.6%
Sector (XLV)-6.7%5.5%

Fundamental Drivers

The -0.9% change in CCLD stock from 9/30/2025 to 4/28/2026 was primarily driven by a -11.1% change in the company's Net Income Margin (%).
(LTM values as of)93020254282026Change
Stock Price ($)3.213.18-0.9%
Change Contribution By: 
Total Revenues ($ Mil)1121207.8%
Net Income Margin (%)10.1%9.0%-11.1%
P/E Multiple12.112.53.7%
Shares Outstanding (Mil)4242-0.3%
Cumulative Contribution-0.9%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/28/2026
ReturnCorrelation
CCLD-0.9% 
Market (SPY)8.0%21.0%
Sector (XLV)4.2%9.8%

Fundamental Drivers

The 128.8% change in CCLD stock from 3/31/2025 to 4/28/2026 was primarily driven by a 334.8% change in the company's P/E Multiple.
(LTM values as of)33120254282026Change
Stock Price ($)1.393.18128.8%
Change Contribution By: 
Total Revenues ($ Mil)1111208.7%
Net Income Margin (%)7.1%9.0%26.5%
P/E Multiple2.912.5334.8%
Shares Outstanding (Mil)1642-61.7%
Cumulative Contribution128.8%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/28/2026
ReturnCorrelation
CCLD128.8% 
Market (SPY)29.3%34.9%
Sector (XLV)0.3%15.5%

Fundamental Drivers

The -5.1% change in CCLD stock from 3/31/2023 to 4/28/2026 was primarily driven by a -64.1% change in the company's Shares Outstanding (Mil).
(LTM values as of)33120234282026Change
Stock Price ($)3.353.18-5.1%
Change Contribution By: 
Total Revenues ($ Mil)139120-13.2%
Net Income Margin (%)3.9%9.0%129.0%
P/E Multiple9.412.533.2%
Shares Outstanding (Mil)1542-64.1%
Cumulative Contribution-5.1%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/28/2026
ReturnCorrelation
CCLD-5.1% 
Market (SPY)81.5%17.9%
Sector (XLV)16.8%8.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CCLD Return-30%-56%-46%141%-20%12%-64%
Peers Return-38%-47%-19%-33%-27%-15%-89%
S&P 500 Return27%-19%24%23%16%5%91%

Monthly Win Rates [3]
CCLD Win Rate42%17%50%50%50%25% 
Peers Win Rate34%35%47%40%30%40% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
CCLD Max Drawdown-45%-56%-73%-31%-67%-23% 
Peers Max Drawdown-43%-62%-42%-49%-38%-35% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PHR, TDOC, AMWL, HCAT, PRVA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/28/2026 (YTD)

How Low Can It Go

Unique KeyEventCCLDS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-93.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven1518.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-48.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven95.1%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven94 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-54.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven119.2%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven13 days120 days

Compare to PHR, TDOC, AMWL, HCAT, PRVA

In The Past

CareCloud's stock fell -93.8% during the 2022 Inflation Shock from a high on 2/9/2021. A -93.8% loss requires a 1518.7% gain to breakeven.

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About CareCloud (CCLD)

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 medical groups and health systems. It serves physicians, nurses, nurse practitioners, physician assistants, and other clinicians that render bills for their services. The company was formerly known as MTBC, Inc. and changed its name to CareCloud, Inc. in March 2021. CareCloud, Inc. was founded in 1999 and is headquartered in Somerset, New Jersey.

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Salesforce for Healthcare

Shopify for Doctor's Offices

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  • Revenue Cycle Management: Solutions for managing the financial processes of healthcare providers, from patient registration to payment collection.
  • Practice Management: Software and services designed to help healthcare practices manage administrative and operational tasks efficiently.
  • Electronic Health Record (EHR): Cloud-based software for secure and comprehensive management of patient medical information.
  • Business Intelligence: Tools and services that provide data analytics and insights to improve healthcare operations and outcomes.
  • Telehealth: Platforms and services enabling remote healthcare consultations and patient monitoring.
  • Patient Experience Management: Solutions focused on enhancing patient engagement, satisfaction, and overall experience with healthcare services.

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Stephen Snyder, Chief Executive Officer

Stephen Snyder was appointed Chief Executive Officer of CareCloud, Inc. effective January 1, 2026. In this role, he focuses on disciplined execution, financial performance, margin expansion, and scaling CareCloud’s AI-enabled solutions across both ambulatory and hospital markets.

Norman Roth, Interim Chief Financial Officer and Corporate Controller

Norman Roth serves as CareCloud's Interim CFO and Corporate Controller, bringing over 40 years of financial expertise. He joined CareCloud in 2014, and before that, he worked as a forensic accountant since 2003, specializing in accounting malpractice. From 1991 to 2002, Mr. Roth was the Director of External Reporting, Treasury and Tax, and later Business Manager at WWOR-TV. He began his career at Ernst & Young LLP in 1977, serving for 13 years as a senior manager.

A. Hadi Chaudhry, Chief Strategy Officer

A. Hadi Chaudhry transitioned to Chief Strategy Officer effective January 1, 2026, where he leads CareCloud's enterprise AI vision, platform innovation, and company-wide artificial intelligence initiatives. Previously, he served as the company's CEO and President. Mr. Chaudhry joined CareCloud, then known as MTBC, in October 2002 as an IT Manager. He progressively advanced through various roles, becoming Vice President of Global Operations in 2016, and then President and CEO in 2018. He possesses extensive healthcare IT experience, having also held various positions in the banking and IT sectors prior to joining CareCloud.

Mahmud Haq, Founder & Executive Chairman

Mahmud Haq is the Founder and Executive Chairman of CareCloud. He founded the company, originally known as Medical Transcription Billing Corporation (MTBC), in 1999, and has been instrumental in shaping its success.

Crystal Williams, Chief Operating Officer

Crystal Williams holds the title of Chief Operating Officer at CareCloud.

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The key risks to CareCloud, Inc. (CCLD) primarily stem from its growth strategy and the dynamic healthcare technology landscape:

  1. Acquisition Strategy and Organic Revenue Decline: CareCloud's aggressive acquisition strategy, while driving growth, has been noted by analysts as potentially masking a decline in underlying organic revenues. Furthermore, there are significant risks associated with integrating acquired businesses, including operational disruptions, unexpected financial burdens, and the potential for further impairment of goodwill.
  2. Share Dilution: The company faces ongoing risks related to share dilution. A notable event was the conversion of the majority of its Series A Preferred Stock into common stock in March 2025, which increased the total number of outstanding shares and potentially diluted the value of existing common shareholders' equity. Future equity raises or additional acquisitions funded by equity could further exacerbate this dilution.
  3. Regulatory Changes and Geopolitical Risks: CareCloud is exposed to sector-specific risks, particularly regulatory changes within the healthcare industry. Emerging 2026 state AI regulations, for example, could limit the adoption of CareCloud's new AI-driven solutions. Additionally, the company's heavy reliance on significant offshore operations in Pakistan and Sri Lanka for its cost advantage introduces geopolitical and operational risks that could impact its business, financial condition, and results of operations.

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The clear emerging threat to CareCloud (CCLD) is the aggressive expansion of large, well-capitalized technology companies into the healthcare IT and service delivery sectors. Companies such as Amazon, Google, and Microsoft are leveraging their extensive resources, advanced artificial intelligence and cloud computing capabilities, and established integrated ecosystems to develop and offer comprehensive healthcare solutions. These offerings could span electronic health records, practice management, revenue cycle management, and telehealth, directly competing with and potentially disrupting CareCloud's specialized suite of services. The threat stems from these tech giants' ability to build highly integrated, scalable, and potentially more cost-effective solutions, or to acquire and consolidate existing healthcare IT providers, fundamentally altering the competitive landscape for specialized vendors.

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CareCloud, Inc. (CCLD) operates in several significant healthcare information technology markets within the United States. The addressable market sizes for its main products and services are as follows:

  • Revenue Cycle Management (RCM): The U.S. healthcare revenue cycle management market was estimated at USD 172.24 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 10.1% from 2025 to 2030. Other estimates for the U.S. market include a size of USD 65.38 billion in 2025, reaching approximately USD 195.92 billion by 2035 with a CAGR of 11.6% from 2026 to 2035.

  • Practice Management (PM): The U.S. practice management system market size was estimated at USD 5.89 billion in 2024 and is projected to reach USD 13.70 billion by 2033, growing at a CAGR of 10.03% from 2025 to 2033. Another report indicates the U.S. practice management system market size was USD 6.65 billion in 2025 and is projected to reach around USD 16.38 billion by 2035, with a CAGR of 9.43% from 2026 to 2035.

  • Electronic Health Record (EHR): The U.S. electronic health records market size was estimated at USD 12.87 billion in 2024 and is projected to grow at a CAGR of 2.55% from 2025 to 2030. Another source reported the U.S. EHR market size as USD 13.7 billion in 2023. The USA EHR market is projected to grow from USD 10.1 billion in 2025 to USD 16.9 billion by 2035, at a CAGR of 5.3%.

  • Business Intelligence (BI) for Healthcare: The U.S. healthcare business intelligence market generated a revenue of USD 4,193.9 million in 2024 and is expected to reach USD 8,850.1 million by 2030. North America's healthcare business intelligence market accounted for USD 2.6 billion in revenue in 2023.

  • Telehealth: The U.S. telehealth market size was estimated at USD 52.77 billion in 2025 and is anticipated to increase to USD 65.35 billion in 2026. By 2035, it is forecasted to reach approximately USD 447.69 billion, growing at a CAGR of 23.84%. Other estimates for the U.S. telehealth market include USD 66.75 billion in 2025, expected to reach USD 198.77 billion by 2030 at a CAGR of 24.39%.

  • Patient Experience Management Solutions: The U.S. patient engagement solutions market size was valued at USD 7.59 billion in 2024 and is expected to grow at a CAGR of 19.77% from 2025 to 2030. Another projection for the U.S. patient engagement solutions market is USD 14.55 billion in 2025, reaching USD 25.01 billion by 2030, with a CAGR of 11.4%.

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CareCloud, Inc. (CCLD) is expected to drive future revenue growth over the next two to three years through several key initiatives:

  • Expansion of AI-Driven Solutions and New Product Launches: CareCloud is significantly investing in artificial intelligence (AI) with the launch of its AI Center of Excellence and new AI-powered products such as stratusAI Front Desk Agent, stratusAI Voice Audit, and cirrusAI Notes. These solutions aim to automate administrative and clinical workflows, enhance operational efficiency, and provide new offerings that are anticipated to unlock scalable and cost-efficient solutions, thereby expanding market reach and creating new revenue streams. The stratusAI Front Desk Agent, for instance, has already shown potential by automating a significant percentage of inbound scheduling calls for at least one client.
  • Strategic Acquisitions and Expansion into the Inpatient Hospital Market: The company has strategically completed several acquisitions, including Medsphere Systems Corporation and MAP App in 2025. These acquisitions have expanded CareCloud's presence into the inpatient hospital market, adding new products such as inpatient electronic health records (EHR) and revenue cycle management (RCM) solutions, along with hospital benchmarking and analytics capabilities. This broadens their total addressable market and creates new opportunities for revenue generation by serving a wider array of healthcare providers.
  • Cross-Selling and Upselling Enhanced Products to an Expanded Customer Base: With the integration of AI capabilities into acquired platforms and the expansion of its product portfolio, CareCloud anticipates substantial cross-sell opportunities across its growing client roster. The company's strategy is to leverage its AI expertise to make every acquired platform smarter, faster, and more valuable, driving adoption of its comprehensive suite of solutions among both existing and new customers.

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Share Issuance

  • CareCloud completed a conversion of the majority of its Series A Preferred Stock into common stock in March 2025, which increased the total number of outstanding shares.
  • The number of common shares outstanding significantly increased from 16,256,236 at December 31, 2024, to 42,437,949 at December 31, 2025.
  • Approximately 135,000 common shares were issued in February 2023 for employee bonuses that were originally planned as cash payments.

Outbound Investments

  • In late 2025, CareCloud completed two strategic acquisitions to expand into the inpatient software market, which were funded entirely from operating cash flow.
  • One of the significant acquisitions in August 2025 was Medsphere, an inpatient and ambulatory IT platform providing electronic health records, revenue cycle management, supply chain management, and managed IT services.
  • These acquisitions, including Medsphere and Map App, broadened CareCloud's product portfolio by adding inpatient EHR, RCM, and a top-ranked EDIS platform, expanding the company's addressable market.

Capital Expenditures

  • CareCloud invested $869,000 in capital expenditures in Q3 2025.
  • Research and development expense increased by 69% in 2025, as the company expanded offshore headcount and capitalized software development efforts, indicating a focus on platform investment.
  • Free cash flow, representing cash available after capital expenditures, reached $20.3 million in 2025, up from $13.2 million in 2024 and $3.8 million in 2023.

Better Bets vs. CareCloud (CCLD)

Latest Trefis Analyses

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Trade Ideas

Select ideas related to CCLD.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
PGNY_3312026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03312026PGNYProgynyDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
0.0%0.0%0.0%
CNC_3272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03272026CNCCenteneDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
2.3%2.3%-0.6%
OSCR_3272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG03272026OSCROscar HealthDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
3.0%3.0%-2.6%
WAT_3202026_Monopoly_xInd_xCD_Getting_Cheaper03202026WATWatersMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-0.4%-0.4%-3.3%
GILD_3202026_Quality_Momentum_RoomToRun_10%03202026GILDGilead SciencesQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
1.6%1.6%-2.2%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

CCLDPHRTDOCAMWLHCATPRVAMedian
NameCareCloudPhreesia Teladoc .American.Health C.Privia H. 
Mkt Price3.189.426.006.251.3424.846.12
Mkt Cap0.10.61.10.10.13.10.4
Rev LTM1204812,5302493112,123396
Op Inc LTM11-7-163-105-4334-25
FCF LTM2154137-66-2116337
FCF 3Y Avg132167-124-231187
CFO LTM2979294-66116354
CFO 3Y Avg2226313-114-611824

Growth & Margins

CCLDPHRTDOCAMWLHCATPRVAMedian
NameCareCloudPhreesia Teladoc .American.Health C.Privia H. 
Rev Chg LTM8.7%14.5%-1.5%-2.0%1.5%22.3%5.1%
Rev Chg 3Y Avg-4.1%19.7%1.8%-3.4%4.1%16.4%2.9%
Rev Chg Q21.9%15.9%0.3%-22.1%-6.2%17.4%8.1%
QoQ Delta Rev Chg LTM5.4%3.8%0.1%-5.9%-1.6%3.9%1.9%
Op Inc Chg LTM18.3%88.6%21.7%51.6%25.8%101.6%38.7%
Op Inc Chg 3Y Avg58.2%56.2%10.0%24.6%32.3%97.3%44.3%
Op Mgn LTM9.5%-1.4%-6.5%-42.2%-13.7%1.6%-3.9%
Op Mgn 3Y Avg5.0%-17.8%-7.6%-75.5%-22.1%1.3%-12.7%
QoQ Delta Op Mgn LTM-0.9%0.5%0.6%4.1%2.5%0.2%0.6%
CFO/Rev LTM23.7%16.4%11.6%-26.5%0.2%7.7%9.7%
CFO/Rev 3Y Avg18.5%5.0%12.2%-44.6%-2.1%6.3%5.6%
FCF/Rev LTM17.0%11.3%5.4%-26.5%-6.7%7.7%6.6%
FCF/Rev 3Y Avg10.8%-0.9%6.5%-48.6%-7.8%6.3%2.7%

Valuation

CCLDPHRTDOCAMWLHCATPRVAMedian
NameCareCloudPhreesia Teladoc .American.Health C.Privia H. 
Mkt Cap0.10.61.10.10.13.10.4
P/S1.11.20.40.40.31.40.8
P/Op Inc11.7-86.1-6.5-1.0-2.289.4-1.6
P/EBIT12.0-286.4-4.9-1.0-0.689.4-0.8
P/E12.5246.8-5.3-1.1-0.5133.56.0
P/CFO4.77.23.6-1.6130.218.76.0
Total Yield8.0%0.4%-18.8%-93.3%-187.0%0.7%-9.2%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg18.3%2.3%9.1%-82.6%-7.2%4.4%3.4%
D/E0.00.21.00.01.80.00.1
Net D/E0.00.10.2-1.70.8-0.20.0

Returns

CCLDPHRTDOCAMWLHCATPRVAMedian
NameCareCloudPhreesia Teladoc .American.Health C.Privia H. 
1M Rtn-8.9%-14.2%16.7%18.4%21.8%24.1%17.6%
3M Rtn9.7%-38.0%1.5%34.7%-39.6%8.7%5.1%
6M Rtn4.6%-59.8%-28.2%17.0%-60.4%-4.2%-16.2%
12M Rtn76.7%-61.5%-16.2%-13.8%-67.0%7.1%-15.0%
3Y Rtn-2.8%-70.2%-77.4%-85.7%-89.4%-10.1%-73.8%
1M Excs Rtn-21.0%-26.3%4.6%6.3%9.7%12.0%5.5%
3M Excs Rtn7.4%-40.3%-0.8%32.4%-41.9%6.4%2.8%
6M Excs Rtn-7.3%-65.0%-41.7%7.1%-63.8%-9.5%-25.6%
12M Excs Rtn61.2%-91.1%-45.9%-48.2%-96.5%-22.0%-47.1%
3Y Excs Rtn-79.2%-144.8%-151.1%-158.0%-162.5%-78.0%-148.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Healthcare Information Technology (IT)9610412512793
Medical Practice Management1413141312
Unallocated Corporate Expenses  0  
Total111117139140105


Operating Income by Segment
$ Mil20252024202320222021
Healthcare Information Technology (IT)13-391512-2
Medical Practice Management11100
Unallocated Corporate Expenses-5-9-9-8-6
Total9-4774-8


Price Behavior

Price Behavior
Market Price$3.18 
Market Cap ($ Bil)0.1 
First Trading Date07/23/2014 
Distance from 52W High-17.2% 
   50 Days200 Days
DMA Price$3.02$3.01
DMA Trendupup
Distance from DMA5.5%5.7%
 3M1YR
Volatility72.0%68.4%
Downside Capture0.870.48
Upside Capture154.69125.80
Correlation (SPY)21.0%20.5%
CCLD Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta1.091.291.000.971.361.25
Up Beta0.743.984.782.521.601.17
Down Beta-1.07-1.36-0.860.321.141.41
Up Capture815%419%228%117%254%125%
Bmk +ve Days7162765139424
Stock +ve Days13202749109325
Down Capture-129%36%43%79%89%106%
Bmk -ve Days12233358110323
Stock -ve Days9213472128390

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CCLD
CCLD98.2%68.7%1.27-
Sector ETF (XLV)6.1%15.8%0.183.3%
Equity (SPY)31.5%12.5%1.9219.9%
Gold (GLD)38.6%27.2%1.18-4.0%
Commodities (DBC)45.9%18.0%1.95-0.1%
Real Estate (VNQ)14.4%13.4%0.756.3%
Bitcoin (BTCUSD)-19.0%42.1%-0.3921.3%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CCLD
CCLD-18.5%90.8%0.16-
Sector ETF (XLV)4.8%14.6%0.1511.6%
Equity (SPY)12.9%17.1%0.5920.5%
Gold (GLD)20.2%17.8%0.92-1.8%
Commodities (DBC)14.8%19.1%0.632.0%
Real Estate (VNQ)3.4%18.8%0.0917.3%
Bitcoin (BTCUSD)7.3%56.2%0.3516.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CCLD
CCLD11.9%109.2%0.50-
Sector ETF (XLV)9.2%16.5%0.459.7%
Equity (SPY)14.9%17.9%0.7114.9%
Gold (GLD)13.4%15.9%0.700.1%
Commodities (DBC)9.9%17.7%0.462.9%
Real Estate (VNQ)5.4%20.7%0.2310.7%
Bitcoin (BTCUSD)67.8%66.9%1.079.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity0.5 Mil
Short Interest: % Change Since 3312026-6.1%
Average Daily Volume0.7 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity42.5 Mil
Short % of Basic Shares1.3%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/12/20269.4%34.2%1.5%
11/6/202517.6%8.6%5.8%
8/5/20250.0%7.6%53.4%
3/13/20250.0%3.1%-21.9%
11/12/202421.5%6.9%51.3%
8/13/202412.7%44.6%25.0%
3/21/2024-6.7%-0.8%-4.2%
11/2/20233.9%22.4%13.7%
...
SUMMARY STATS   
# Positive13910
# Negative71110
Median Positive2.0%8.6%15.9%
Median Negative-8.6%-5.0%-15.0%
Max Positive21.5%44.6%53.4%
Max Negative-11.5%-26.9%-48.1%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/12/202610-K
09/30/202511/06/202510-Q
06/30/202508/05/202510-Q
03/31/202505/06/202510-Q
12/31/202403/13/202510-K
09/30/202411/12/202410-Q
06/30/202408/13/202410-Q
03/31/202405/14/202410-Q
12/31/202303/21/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202203/02/202310-K
09/30/202211/03/202210-Q
06/30/202208/04/202210-Q
03/31/202205/09/202210-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 3/12/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue128.00 Mil130.00 Mil132.00 Mil10.2% Higher NewActual: 118.00 Mil for 2025
2026 Adjusted EBITDA29.00 Mil30.00 Mil31.00 Mil11.1% Higher NewActual: 27.00 Mil for 2025
2026 GAAP Net Income Per Share (EPS)0.20.210.2387.0% Higher NewActual: 0.12 for 2025

Prior: Q3 2025 Earnings Reported 11/6/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2025 Revenue117.00 Mil118.00 Mil119.00 Mil4.9% RaisedGuidance: 112.50 Mil for 2025
2025 Adjusted EBITDA26.00 Mil27.00 Mil28.00 Mil0 AffirmedGuidance: 27.00 Mil for 2025
2025 Net Income Per Share (EPS)0.10.120.130 AffirmedGuidance: 0.12 for 2025

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Daly, John NDirectSell111220253.4115,00051,150176,468Form
2Haq, Mahmud ULExecutive ChairmanDirectSell929202521.0811,960  Form
3Daly, John NDirectSell61820252.1115,00031,650130,292Form