CareCloud's second quarter revenue grew 16% to $31.9M, but EPS fell to $0.00; FY26 guidance reaffirmed.

CareCloud reported second quarter revenue of $31.9 million, a 16% increase from the prior year, alongside a significant decline in profitability with GAAP EPS falling to $0.00 from $0.04. The company attributed the lower earnings to investments in AI and increased interest expense. Management reaffirmed its full-year 2026 guidance.

Key Highlights

• Revenue for the second quarter increased 16% year-over-year to $31.9 million, compared to $27.4 million in the same period last year.
• GAAP net income declined to $1.1 million from $2.9 million in the second quarter of 2025, resulting in GAAP EPS of $0.00, down from $0.04.
• The company reaffirmed its full-year 2026 outlook, which includes revenue of $128 - $132 million and GAAP EPS of $0.20 - $0.23.