CCLD - Earnings call transcript Q1 2024

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Operator

Good morning, ladies and gentlemen, and welcome to the CareCloud Inc.

First Quarter 2024 Results Conference Call. [Operator Instructions].

Following the presentation, we will conduct a question-and-answer session. [Operator Instructions]. call recorded this XX, Tuesday, that XXXX. note is on being May Also like conference turn Ferrer, I to And would the of Resources. Vice Human over President Liz to Please go ahead.

Elizabeth Ferrer

Call. to Founder Roth, our Executive our and Officer Director; Chairman; Chief Financial Quarter everyone. Stephen Mahmud our and CareCloud's and Chaudhry, Interim Officer morning, call are Chief Welcome XXXX Good Controller. Norman Conference Executive On Hadi Snyder, today's Haq, President; First and our

during regarding statements of certain during like the growth as to Act are limitation, expected this including, of remind without XXXX call of operational expectations financial and Exchange XXA our Before forward-looking this of the statements, potential conference Section organic we begin, are and Act that statements conference amended. I would as meaning you statements of made other the forward-looking XXXX statements All made statements guidance business outlook within performance, than Securities and and acquisitions. Section amended for XXA and growth, future facts of historical Securities

may, sometimes negative Forward-looking will, such of as and believe, plan, terms. similar anticipate, with upcoming, these words may be estimate the identified or statements expect, terminology

the discussion factors differ our refer statements materially more to our forward-looking release to will Commission or revise new events. our promises those to contemplated Forward-looking beyond cause results in these and from or no reports Securities only future Please are that presentation, statements. These are which of of of information opinions would reflect and comprehensive subject where as Exchange of and control, undertake forward-looking our actual this not statements a many of and these you of press these and to light we results and a from find to materially statements. differ performance risks of the performance could are variety guarantees uncertainties, which obligation cause filed with date statements actual in our future forward-looking

dialed download our who events, the XXXX Call presentation. XXXX you the want telephone, click to Please anyone visit calendar, click Relations then For Quarter on and Investor First may ir.carecloud.com, quarter earnings download first presentation. and into Results Conference our site, by IR call earnings news

certain you present Chaudhry. refer over Please call, day's With our may our press announcing today's measures. Hadi? a these measures our refer I'll XXXX first the results to GAAP call on non-GAAP results. non-GAAP to release financial turn now CEO, Finally, final to reconciliation of Hadi that said, performance for to quarter

A. Chaudhry

joining first Liz, call. Thank you, for our all earnings quarter you XXXX and of thanks to

year, flow. leverage recent As and discussed workforce in achieve remain we our and competencies we our our expertise objective, integration on global call, AI, cost technology rationalization. earnings proven team our to will steadfast overarching integrated and To free core profitability related increasing and cash most this to focused this our will be continue

million us profitability with digital Xx. year, improvements Our $X first seen we our during are so year compared than $X.X was growing adjusted the be million million increased revenue first that of in since we first $XX The enabled quarter objectives. early quarter million approximately annualized $XX quarter. These by to are making million saw progress spite on revenue lower revenue which working was XXXX, lower and that quarter our we results health implement. the improvements was demonstrate identified fact in that last in nonrecurring particular, due reduction the to facility, we of have Year-over-year, cost nearing $X the for October In This from as beginning as cash to in million. these of results to increase $X.X our QX EBITDA Med primarily million of cash cuts pay for quarter $X second offering to our credit our are the of down of far $X another SR. million to and year are operations last first during in

confident that of represent growth. tech-enabled client for to opportunity significant continue opportunity a We services the continue higher our cross-selling remain will margins, to nonrecurring RCM professional to

align are focusing with and expenses on best generate our investment. that continue to the on We revenue our the opportunities return

supported Our will will in position. objective and improving free cash remain the on profitability more primary centered these to call. and our in a competitive results later operating company-wide commitment detail flow, Norman by leverage cover

our to products. Turning

than designed As more our needs adapted of investors evolving is meet majority proprietary solution. markets across CareCloud and the utilize be with the know, to and platform fully overwhelming whom flexibility the of our end-to-end one integrated to clients, our

our solutions and see cirrusAI. and groundbreaking cost AI-based to a with solutions with generative of specialized cycle efficiency. thrilled effectiveness health with AI suite for solutions, digital to workforce. In revolutionizing were innovative our This eager are has our appeal the empowered generative we continue process as generation CareCloud rising meet We XXXX, introduce team of our QX scalable management AI demand we unparalleled platform revenue demand and generative product to appeals this

we outcomes. thousands providing symptoms, By committed Notes. advancing to delivering technology, latest treatment we revolutionizes generates health guide, interest histories cirrusAI cirrusAI This ultimately It our patient alongside planning. cirrusAI ensuring seamlessly months, XXX free facilitated significantly Operating our recommendations a cirrusAI real-time enhanced exceptional tremendous our in notes In notes continue have has clinical by represents we during expressing the offering, we and clientele process precise clinical charge patient into crucial real valued seen up making. Since evidence-based customers technology clinicians we this providing service. Continuing approval, continuity physicians. Upon and are it our and launch, our to guide introduce them the consultations, cirrusAI informed comprehensive commitment provider assistant improve support review securely of medical Notes just have virtual to actionable identifies solution existing health of these their electronic archived Additionally, the underscoring current with past over transcription transformative notes to care. product dedication delivering technology We in or and seamlessly care past this our patient social a integrated the input and define data ensuring CareCloud processes and charge forward leveraging enhancing and environment. compiling interactions, guide as support ] AI in interest timely using of accuracy decision several streamlining to in time in analyzing signing of clinical immediate receive workflow, insights that to CareCloud for customers MBT support. The remain HIPAA-compliant its to record, suggestive facilitating recommendations. into terminology are intelligently patient's dialogue medical [ secure deliver by AI assists within within diagnostic proud a offering, decision Care Cloud tool. seamless

are evaluating pilot solution this the testing We initial group. currently with and

Over market base XX we competitive to it the next days, at our existing plan introduce pricing. customer to

ensure are periods trial satisfaction in to a implementing confidence Additionally, risk-free product. we customer and

Whether to worked will I'm Chief been he Officer, team a to partnered have and General decades, X over company. back world-class Finally, Strategy Steve? Stephen. Steve we to broader President together and Snyder our Counsel, as last or build me pleased it welcome the over team I CEO, has floor to executive a now turn all the President. our has game-changing with

Stephen Snyder

investors and Hadi, call. to for our you joining today's thank Thanks,

we've signs the than to beginning As cash hard year-over-year particular, company's that fruit work come of Hadi is fruition. the explained, increases in flow. our we see to In of are to free XXX% early seen very pleased more

of this increased Our cash quarter loss versus income operations we year and during of has from last XXX%, $XXX,XXX posted by $XXX,XXX. a nearly operating GAAP

XXXX. We taken believe that these are aberrations. numbers direction. Between XXXX mere approximately that decisive are and $XX Instead, cuts in starting today, the moving the to actions by in execute right company that before that we statements. are we There the the seen to October our million identified we are be they of of trend is not end in line the result plan annualized snapshots strongly direct believe have financial of

have we requirements. will other on be taken steps XXXX and due seen not until Additionally, contract identified to cuts material term preliminary that

XXXX, why on in let's reductions, expect reductions. reduced That's already XXXX in $XX an As million to $X $XX X partners annualized action acquisition the of million XXXX a of taken in-year provided specific continue XX% different during closings. of who approximately R&D at a on to million. combined We expenses. focus on with we for we approximately approximately various loan these in inherited have minute impact a we to cost rely resources the conjunction But example. Prior partnerships

on Norm? been to R&D capabilities. the As members team plan with this now more and we $X.X part forward. to floor as focusing stronger we and multitude reduce in-year we the save leverage internal advantage without efforts control realize are effective to integration The associated expect occur, these our our CFO, the we will soon our yet, team, Better third that accelerate million. developed platform risks company. far becoming of of more of $XX we centered into of XXXX our more will team, parties. By These tightly on and always our an a Norm but able Since as becomes. of we development of we stronger, more our to strengths around are cost-efficient or more to approximately a and cost and unique small rationalization Interim are with million our able nimble net I'll more core the our competitive technology operational occurred $X.X savings Roth. work some has with number costs our during reductions expense which less, relying the the strengths, annualized global doing over lean already are for us million, savings have founding, move action assessment, turn and transitioning our more

Norman Roth

to report today. joining Steve, sentiment pleased we and results Hadi to we in $XX track our that thank of I you on flow. In the are our reiterating reported were start and that all cash with profitability our positive we would by expectations goals returning quarter, are our nearly Thanks, of to line year and like million. Steve's first to full and first for revenue achieve quarter call

was down the which softness business Med decline tends of continuing. that professional SR, to is While year-over-year, project-based last services year, is $X SR which bulk the in the half had million fluctuate. to of a Med due second

growth quarter will the XXXX. our half is similar expectation hopeful some first in second be second services revenue of professional our quarter we see we that but are that to So will

$X.X net operating XXXX adjusted income importantly, $X G&A, and expenses, GAAP EBITDA the direct to More decreased reported GAAP expenses decreased loss $XXX,XXX $XXX,XXX. We first in R&D and decreased our since of of and operating $XXX,XXX We from time million. sales $X.X our million marketing our by for and almost XXXX from first positive by QX QX reported the operating million including costs in XXXX, QX quarter.

QX in flow. $X.XX Our This profitability earnings negative improvement XXXX. GAAP share compared was in negative $X.XX an cash into improvement per in to translated

Our $X provided a compared activities for QX last of net $X.X the almost generate is investing and was dividends. million, of take that flow to our cash activities note use cash operating million cash XXXX year. into of negative flow free Please during preferred not million does free measure from operating $X.X cash we and was QX cash and account XXXX our Xx stock

on another Our us is SVB million being April. a SVB our comments by stock. I'll still flow the flow credit to our down of on SVB $X the cash, with $X.X free is We cash QX line balance end XXXX a by and credit line and guidance. during of prerequisite for December of of to restart XX, able cash reiterating paid dividends preferred our Reducing allowed increase my positive million quarter the down close generating an $XXX,XXX line top credit priority from on during free pay million us to $X XXXX. our

adjusted of to We expect million $XXX continue and million. $XX million to to $XX EBITDA $XXX of revenue million

and to We faster grow this line revenue. and as throughout quarterly growth even see the hold cash steady on adjusted that means revenue flows will than our expenses, year, EBITDA the expect we

the I'll toward happy ahead. closing look The profitability turn year. Mahmud? updating to first in With our results over you to call returning progress and for quarter We're put Mahmud the year for good that, with us forward to footing a remarks. on the later

Mahmud Haq

you, Thank Norm.

primary value continuous for Our to Operator, the in improvements, for is for shareholders. setting customers would focus their our mission. like profitable please and operational long-term and floor our stage I employees, on questions. ultimately thank creating support furthering the sustainable for shareholders CareCloud's open disciplined growth,

Operator

at Cohen question And Instructions]. from first [Operator your will Jeffrey be Ladenburg.

Jeffrey Cohen

I about the give press as guess a flavor yesterday's that on talk announcement yesterday. us firstly, could little capital update far you in Maybe structure the as release.

Stephen Snyder

publicly in as we for to interest of expressions kind maybe, all, this inbound of a thanks for rule, format know, you was if and a in don't Jeff, another. to different Board we're minute, disclose necessarily question. or of these companies as Sure. Jeff, for of no step particular public that the it's for back regard. it common they general provide the indication disclosure. one And thought But And important receive sorts that them pretty interest,

As analyze structure. And protect potential why structure context and your regard all the shareholders. Citizens with of point, of changes to also to those company changes, to guidance interest and selected the the to to and would best changes be we to explain capital ensure interest overall of capital the the JMP course, to to the best provide

the this to of to regard bank from was like guidance certificate of the conjunction again, regard and dividends least And context, any with out a disparity. control, granular $XX the As and indication more least of party was indication liquidation could some thinks to that and We accrued of the differentiation, the at providing the effect, by of this it's ultimately that making to with So interest the address of at that treatment some in level high at being important buyers particular particular again, with In designation a this pay transaction. least helpful, context with interest. the change of of common thought preferred of to Series B. In details, pull the was in A, JMP a control the to as stock regard with Bs. to of regard silent change course, the the the Citizens modifications Board possible would any the value receive Series on

Jeffrey Cohen

us sense, or give a That's helpful, space? color is competitive there any company in PE you fund that Could a Or was Steve. appreciated. the a

Stephen Snyder

leading PE was sure. It a Sure, fund.

Jeffrey Cohen

it. Got

does credit? and Okay. look throughout comments Where of like us, on you secondly, And stand it any for would then XXXX? the to there what line it expect

Norman Roth

Jeff. question, the for you thank So

So right the I give credit on now, just million, the on and if dividend. fact, you me credit line and just let is a little -- line $X could, the

on the made $XX So we the line had $XX on SVB. clear access $XX line, continued And of or the -- we we pay December, us that wouldn't see last $XX And we remaining we million bank credit have if had in any then for dividend. the of million either million for it the with about line. the paying relaxation to needs covenants million dividends, order the business preferred

reduce suspend So became company, million annual the positive cash continue as time, plan annualized we made we preferred equal painful and approximately our on and decision focus Same and to flow to $XX approximately free the stock today, across said the identified dividend And reductions XXXX last million, our as call, at we the of savings our December. expenses to least with profitability. $XX in dividend. previously we've approximately cost achieving

flow. that ownership And several million have is over about the million from more dividends at ownership. Mahmud course, months of the X.X down company, dividend. compared has paid on is We and repaying company's Our positive cash dividend about balance founder, our the flow $X management Haq, X had The $X.X reflected free to plan date. increased we the are the IPO. his would to line which very to the we the insider before shares by the approximately want million. cover of cash our discussion future million We cash of continue a Board XX% We with confident shares the specific flow currently was the million. reinstating the $X see

that office rest the it's answers be that of company's best interest Hopefully, the in efforts our company's successful. have inside will interest, founder, your a directors large So such question. ensuring ownership

Operator

is Klee from Next of question Maxim Allen Group.

Allen Klee

on the Yes. Congrats A profitability guidance. your improvement. question on

you rest You us XQ in But low, commented of give playbook to why kind could you for we We expect revenue each year. quarter you grow jump to expect know after XQ. is XQ continue expect increase the seasonally up to of that? that that for first the would so and quarter the to

A. Chaudhry

Allen. Thanks,

are seasonality typically into those if see remarks year. at -- an our digital revenue rest and quarters by you as a So the example, will we offering to increased the of prepared as the of numbers the and has rightfully down -- be the compared I mentioned during that quarter said, first health you our competitively look Xx. Where sort roughly year-over-year

digital sales our So our health the offering, -- solutions. whether we in coming from, our do it's it's see the the the that has team technology-enabled made for increase whether revenue

the from proprietary could products our towards So it's there contribution services combination RCM offering. half, digital solution, health of and AI, solutions, be And second suite of the are a we solutions. entire different some

Allen Klee

have other interest. of expression follow-up one I question the on

series of be You noted one has the to redeemed.

I'm right? outstanding. the left though, outstanding, other a of could it's Is liability The still true? be If it was one left company, assuming acquiring that

Stephen Snyder

they a would Allen. Yes, the the As. context correct, the we have That's to that transaction, have still relative obligations still all same we would of in

Operator

Instructions]. [Operator

next will Benchmark. Bill Sutherland question be Your from at

William Sutherland

I Welcome counting one examples or back, that the on for on X takeout, cost important thinking other was maybe target. you're Steve. the

Stephen Snyder

been our in of of been kind our been, technological our core if of always of that to part second project For we question, in year. big cost roughly sure. back picture lot company really kind leverage overall fully it's of has we at, Thanks in advantage we kind cost-efficient fourth since step has a for kind We've quarter reduction And a if Again, last terms million kind the competitive initially savings. $XX competitive the for about discussed back minute of what we annualized we're where in team. One, think expenses of identified integrated and the think advantage ability as Bill. the a your capabilities. the of of

and an integrate So to clients, from been ability perspective our context we're historically launching that capabilities an R&D then growth our and growth. also of integration has third organic also both additional in leverage team, acquisitive integrate fully and new to those IT, solutions to the growth

acquisitions if advantages, stronger those think kind So competitive we're the the and more we very both candidly, and with company capable cuts, we the costs as solutions. And IT from as terms working really of kind regard there of the IT about leverage advantages particular, million, zoom -- kind one reducing those, a annualized into we're terms of I those effectively this looking of clients. R&D -- -- we've example. But past. platform And savings roughly the advantages, Again, redundancies which result out capabilities. a the we terms we're the lean we of mentioned into becomes. focused we and of highly that -- of in in the kind to are reduction was in to looking out and That's who million core if one ability of with to about even a specific impact in perspective of handful team our as of doesn't more directly $XX we're of frankly, of of that doing And of vendors on in them, way been eliminate relate $X about the for R&D that to R&D IT, vendors have personnel. in lean this in that

have specifically impact -- that us also of terms we're are any shouldn't near-term So in that and revenue have strategically looking generation. any client-facing. that and won't also And for not long-term

William Sutherland

onetime or the restructuring additional -- Will realize charges Okay. cost to have saves? yes, you

Stephen Snyder

to Yes. the on to that. Good Norm in floor hand question. we'll over And jump

Norman Roth

you, Bill. Thank

restructuring the for about remainder another estimating $XXX,XXX and we're of So charges. year the

William Sutherland

this revenue it to Yes, see you degree just pipeline point products? about And launching sales been AI your Okay. in do these the since you're of trajectory. what kind I've at thinking

A. Chaudhry

Right.

overall, would think, from at revenue -- say growth you I I So look should the it the new or the Bill, overall perspective.

net from perspective. Let's look the new at revenue

point are much comes at example. doing when we so as what is far much an than did attrition it We attrition the better better Annualized into last year. to this year down

retain sure we we existing on making are So extensively focusing the revenue.

look the All second, increase is the year, for year the to at technology-enabled RCM year slightly quarter the just to the revenue we enabled, of from rest we we good of seems or last last see RCM if -- that digital -- terms side. first bookings you there in -- line, compared better be as the revenue technology health than the and standpoint. are and in on from as we first did doing The top the quarter the this

the quarters. net between the on upcoming health into the new RCM, see So revenue growth and improving digital attrition, the we

In in addition seasonality QX. initial to the impact

William Sutherland

you're are and I the guess reliant I for on saying chronic other the you care So products? looking the new thought not remote And monitoring? as as

A. Chaudhry

there the going Correct. clients and a in CTM is is digital health be, The ramp process revenue growth more the as solution, a the live continue which quarters. up, onboarding RPM to in upcoming they will have are and

solution, Google partners, And AI to speaking, put on point. that production Cloud So reduced technically is improved our oversee LLM. can growth think there, more will is of on one from be price about and you it, as if be we still yes, know -- a products, using we since coming we which from before with in growth there significantly needs the are coming the those so AI and guide the the -- RCM. The which their there hallucination reliant AI

things. working those through So we are

that the hard predict of initial this but Notes, XX be group more and part it terms this terms pretty think It's to the that just that's products second We the should going compared our mature of in to then that's do technology about point cirrusAI line in how the price pilot of to at to much other the it put of of -- dollar launched [ it's we that believe coming top some the you testing days. see this For guidance that's are guidance. over revenue technology out a these done and recently half in one. towards next year. to NBN seems it the optimization. with be going solution, this we to we'll We're the why AI And once much share ] tag

William Sutherland

competitive now, very Right. And it's know I the documentation side. space

Operator

Allen Next is a follow-up from Klee.

Allen Klee

Yes.

then when count Just have and what housekeeping follow-up be is? currently that. filed a of might XX-Q I And couple the after your one share

Norman Roth

Allen. you, Thank

So the about after the XX.X shares tonight now XX-Q X:XX be count million our common at right market outstanding. closed. filed share And will is right

Allen Klee

I'm sorry, could you say that again?

Norman Roth

going tonight the market our XX-Q common close, outstanding XX.X and file X:XX to we're after shares million. is sorry, I'm

Allen Klee

Okay. And one unsolicited then follow-up the question on offer.

to make bank that read of the hired it press to redemption that offer they wrote to at recommendations in also and stock the might provisions? recommended way that, the terms release be third-party the The that changed of look was means that to I was evaluate the both should the you beneficiary to Is related yourselves? be that preferred this

Stephen Snyder

just Citizens recently Good we've question, Allen. And JMP. retained

So to in that they're with relates focus it starting But designation you're of B is of analyzing certificate alluding and the kind now. right their particular. Series on as to a regard their to, which the really -- particular, really A again, core A part is Series of changes issues the and the work just the control Series in

core to of overall have they a what we'll So part be provide their guidance that will but focus. ultimately, see

Allen Klee

think last have update something about on Any on -- CareCloud might other One call, quarter's I PRIME. launching mentioned that? you

A. Chaudhry

this we existing from to as and and and -- that our clients platform. move to that platform onboard we And transition production into Yes. more continue new more

So that continues. process

Allen Klee

commentary any CareCloud on Wellness? And

A. Chaudhry

Right.

the more initially -- XXXX, momentum. as with that that revenue. So the in now to by this thing though took Xx from and it continue onboarded, But to onboarded, to continue a it's you more if see at we And us has look little QX practices patient time a increase more revenue, mentioned, can the the see to up. ramp you we I almost XXXX the increased Wellness, it QX

Allen Klee

with then half? you the in in -- this quarter, be XQ XQ. a that Last on revenue SR, there Meditech. And you opportunities Med finally, what that little might commentary was opportunities improve and probably about that level a second with at think you Any to stays that little of mentioned talked kind Okay. sluggish it

A. Chaudhry

Yes, sure.

is, other between -- look few a a drivers there, over could And share there the you players, if different XXXX. play. able of sorry, than then number basically, These revenue, with are is the Bill, to increase project like. to an of it revenue other RCM we acquisition space staff the as know, was they Meditech and it's there were and CIOs So Allen, year, last but By health revenue compared compared the at XXX% Med XXXX, Epic revenue highest we which related then is the of SR. RCM, the be system is work closely level. to by an and we training RCM main the roughly a

either see the relationships. some we think or I or Meditech the SR the revenue through The same Med growth in RCM related Epic.

time don't be all, with any the us first large considered So of competitive since projects do Epic, they we to in the position.

have the done projects we done or could So to prior acquisition. compared Med there is overall to could a very small the SR Epic-related have piece of

there the for of dependency closely sales own So Meditech made, the like. a X years time, then grow Meditech, work the last the terms is they on revenue in the Meditech's over we side. Meditech continue same to But the and and is, have there continuously the correlation at growth or projects implemented the have a because many how from they Epic year. direct the growth How many on

So I Epic maybe an either continue or it's we work that believe for. the or room from going some side to be RCM to Meditech think we have

Stephen Snyder

we're primarily was about Med nonrecurring But to point, course, think about of the on thing I project talking especially to say, one side, to Sorry to SR is maybe interrupt. revenue. Hadi's going

So especially -- and the on lots in exciting see about terms And as revenue while of in and overall of in excited that. terms the of products opportunities we in mix, to AI, we're Norm overall terms the revenue really of [indiscernible], there's generative that. softness some expand especially

come. aspect cash And process $XX a in one to generating as important focused team, us How $XX million, flow. achieve get $XX think that that an I million you cash on kind of thought revenue. But will I to we about flow. do part that's think think our flow generate free and primarily. really secondarily, if secondarily, on really and our to year, the cash and and of I we do revenue. Revenue of I annualized of emphasis by kind to particular as overall what kind be course, free step get -- to basis watch year judge million? us that grow How year, thinking focus. of to revenue ability expanding a our place primarily think bring we do an this in you we're how to overall the this is then think will and be, in key flow, growing we years and this will focus really But cash test kind And about be growth on the us free of the of I be long-term ability come market think the would really

Allen Klee

a the ask note instantaneously? say I'm by the scribes it users is the I'll would does pure that somewhere is and are that choices? clinician, is helpful. there, is pretty after sounds focused gets which the the solutions? is create else which of to exciting. just And the it Is question. of someone in competitively, That's time ambient that then follow-up, my solution at the the to this how transcription that it's like market. it? trying software delay it approved one there like go Or all mean might doctor? just more has look -- to you Or be out positioned trying understand that Does kind Notes, that would a lower the end that within cirrus is an understanding that this this

A. Chaudhry

this Good question, I very understand you space very, And well. Allen. think competitive

real listening into so -- And instantaneously. add technology can that, play time, it it members, could will to doctor look can they came or in it the say, well. provider, can to a team our resource that patient as out, in could can that doctors just so necessary with they a convert the it conversations pure the the and is the a as the recorded notes feel it at doctors it basically the product is. And where note roll listens our, Our it make play we in after be and and let's addition technology to save and as conversation the plus where edits be

first continue the is be plus client roll service for technology we existing this out. to market our to We out it after like before play going existing base So to our target sales. will would any roll product, other client our And a of as base. a like new market it all

Operator

And no this have Please time, we other Mr. registered. at proceed. questions Roth,

Norman Roth

the you, Thank Have Yes. attending great for everyone, call. a day.

Operator

again, disconnect Ladies attending. for thank sir. time, does gentlemen, ask indeed your your Once call conference and And this lines. you, we you you today. for that please this conclude at Thank

CareCloud (CCLD) 14 May 242024 Q1 Earnings call transcript