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home / news releases / MTBC - CareCloud reports Q2 earnings miss; narrows FY22 guidance

MTBC - CareCloud reports Q2 earnings miss; narrows FY22 guidance

Medical Transcription Billing Corp.
  • CareCloud press release ( NASDAQ: MTBC ): Q2 Non-GAAP EPS of $0.37 beats by $0.15 .
  • Revenue of $37.2M (+9.1% Y/Y) misses by $0.17M .
  • Adjusted EBITDA of $7.0M, an increase of $1.3M compared to $5.7M in Q2 2021.
  • CareCloud is updating its forward-looking guidance for the fiscal year ending December 31, 2022:Revenue of $140 – $143 million vs. consensus of $154.08M; Adjusted EBITDA of $22 – $24 million.

For further details see:

CareCloud reports Q2 earnings miss; narrows FY22 guidance
Stock Information
Company Name: Medical Transcription Billing Corp.
Stock Symbol: MTBC
Market: NASDAQ
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