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CareCloud is reiterating its forward-looking guidance for the fiscal year ending December 31, 2022:
| For the Fiscal Year Ending December 31, 2022 Forward-Looking Guidance |
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| Revenue | $152 – $155 million | |||
| Adjusted EBITDA | $24 – $26 million | |||
The Company anticipates full year 2022 revenue of approximately $152 to $155 million, which implies a compound annual growth rate from 2017 through 2022 of approximately 37%. Revenue guidance is based on management’s expectations regarding revenues from existing clients, recent acquisitions and new clients acquired through organic growth and/or tuck-ins, but excludes the effects of any additional, material acquisitions.
Adjusted EBITDA is expected to be $24 to $26 million for full year 2022, which implies a compound annual growth rate from 2017 through 2022 of approximately 62%.
Posted In: MTBC
