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CareCloud (MTBC) investor relations material
CareCloud Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2026 delivered record GAAP net income of $4.727M, GAAP EPS of $0.10 and adjusted EBITDA of $9.880M; the 10th consecutive quarter of positive GAAP net income.
Revenue rose 8.6% YoY to $33.725M; profitability grew faster than revenue as operating costs fell and higher-margin technology and compliance offerings expanded.
AI automation, a higher-margin mix and a simpler capital structure supported margin expansion and lower preferred costs.
Financial highlights
Q3 revenue was $33.725M vs. $31.067M; GAAP net income was $4.727M vs. $3.060M, up 54.5%.
Q3 diluted EPS was $0.10 vs. $0.04; adjusted net income was $5.828M vs. $4.410M, and adjusted EBITDA was $9.880M vs. $7.733M.
9M revenue increased 13% to $96.875M; GAAP net income was $6.771M vs. $7.910M, while diluted EPS rose to $0.09 from $0.07.
9M adjusted EBITDA was $21.197M vs. $19.857M; free cash flow was $11.916M vs. $14.726M.
Total operating expenses fell 2.5% YoY to $27.2M as revenue rose 8.6%; Q3 net interest expense included $934K of non-cash warrant expense.
Outlook and guidance
FY2026 guidance reaffirmed: revenue $128M–$132M, adjusted EBITDA $29M–$31M and GAAP EPS $0.20–$0.23.
Q4 priorities include recurring revenue, enterprise AI work including LailaCare, late-Q4 compliance software, cross-selling and continued term-loan paydown.
Guidance depends on customer and vendor relationships, project timing and scope, and execution of integration and expense-management plans; seasonality may affect quarterly trends.
Management expects sufficient liquidity to meet obligations over the next 12 months based on forecasts; next-year guidance was planned for the next earnings call.
- Q3 growth and reaffirmed FY26 guidance offset softer 9M GAAP profitability.MTBC
Investor presentation - Q2 2026 revenue up 16% to $31.9M, with lower net income and a streamlined capital structure.MTBC
Q2 2026 - Q1 2026 revenue up 13% to $31.3M, recurring revenue at 74%, and capital structure streamlined.MTBC
Q1 2026 - Annual meeting to vote on Board nominees, executive pay, equity plan, and auditor approval.MTBC
Proxy filing - Annual meeting to vote on directors, executive pay, equity plan, and auditor, with board support.MTBC
Proxy filing - AI-powered healthcare IT solutions drive growth, efficiency, and expanded market reach.MTBC
Investor presentation - 2025 saw record revenue, positive EPS, and AI-driven growth, with strong 2026 outlook.MTBC
Q4 2025 - Record free cash flow and profitability achieved; preferred dividends resume March 2025.MTBC
Q3 2024 - First positive GAAP net income since 2022, with strong EBITDA and free cash flow growth.MTBC
Q2 2024
Next CareCloud earnings date
Next CareCloud earnings date
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