CareCloud (NASDAQ:MTBC) reported its Q1 earnings results on Monday, May 9, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
CareCloud reported an EPS of $0.23.
Companies Reporting Before The Bell
• Atlantica Sustainable (NASDAQ:AY) is likely to report quarterly loss at $0.08 per share on revenue of $277.90 million.
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
According to Benzinga Pro, during Q4, MTBC (NASDAQ:MTBC) earned $3.52 million, a 134.02% increase from the preceding quarter. MTBC's sales decreased to $37.46 million, a 2.2% change since Q3.
MTBC (NASDAQ:MTBC) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $(0.17) by 300 percent. This is a 8.11 percent decrease over earnings of $0.37 per share from the same period
Gainers
Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) shares surged 93.2% to close at $1.70 on Thursday. Kiora Pharmaceuticals recently appointed David Hollander, MD, MBA, to its Board of Directors.