CareCloud (CCLD) Stock

Zacks Medical Info Systems industry stocks like Inspire Medical Systems, Clover Health Investments and CareCloud are expected to gain from the GenAI wave.

CareCloud, Inc. (CCLD) reported a quarterly loss of $0.02 per share, which was better than the expected loss of $0.32 per share according to the Zacks Consensus Estimate. This is an improvement from the loss of $0.28 per share reported in the same quarter last year.

CareCloud (CCLD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

The Wendy's Company (WEN) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Nathalie Garcia - General Counsel Hadi Chaudhry - Chief Executive Officer President & Director Larry Steenvoorden - Chief Financial Officer Mahmud Haq - Founder & Executive Chairman Dwight Garvin - Executive Vice President & Chief Operating Officer, medSR Karl Johnson - President, CareCloud Force Conference Call Participants Jeffrey Cohen - Ladenburg Thalmann Neil Chatterji - B Riley Allen Klee - Maxim Group Operator Welcome to the CareCloud Inc. Third Quarter 2023 Results Conference Call. At this time, all participants will be in a listen-only mode.

CareCloud, Inc. (NASDAQ:CCLD ) Q2 2023 Earnings Conference Call August 3, 2023 8:30 AM ET Company Participants Kimberly Blanche - General Counsel and Vice President of Compliance Hadi Chaudhry - President and Chief Executive Officer Larry Steenvoorden - Chief Financial Officer Mahmud Haq - Founder and Executive Chairman Dwight Garvin - Executive Vice President and Chief Operating Officer for medSR Conference Call Participants Jeffery Cohen - Ladenburg Thalmann & Co Derek Greenberg - Maxim Group LLC Operator Welcome to the CareCloud, Inc. Second Quarter 2023 Results Conference Call. At this time, all participants are in a listen-only mode.

This will democratize access to generative AI capabilities for a critical part of the healthcare sector.

CareCloud, a healthcare technology company, has seen plateaued growth in 2022 after a period of rapid expansion. The company offers services like revenue cycle management and electronic healthcare records in a software-as-a-service mode. Past growth was driven by its ability to acquire and integrate other RCM companies and reduce costs for providers. However, profitability has been a challenge due to high operating costs including costly marketing campaigns.