Carecloud Inc.  (MTBC)
Other Ticker:  
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Carecloud Inc's



MTBC Sales vs. its Competitors Q2 2022

Comparing the results to its competitors, Carecloud Inc reported Total Revenue increase in the 2 quarter 2022 by 9.29 % year on year, while most of its competitors have experienced contraction in revenues by -19.19 %, recorded in the same quarter.

List of MTBC Competitors

With net margin of 7.35 % company reported lower profitability than its competitors.

More on MTBC Margin Comparisons

Revenue Growth Comparisons

Net Income Comparison

Carecloud Inc. achieved net profit of $2.74 millions compare to net loss of $-0.23 millions recorded in same quarter a year ago.

<<  More on MTBC Income Comparisons

Carecloud Inc's Comment on Competitors and Industry Peers

The market for practice management, EHR and RCM information solutions and related services is highly competitive, and we expect competition to increase in the future. We face competition from other providers of both integrated and stand-alone practice management, EHR and RCM solutions, including competitors who utilize a web-based platform and providers of locally installed software systems. Our competitors also include larger healthcare IT companies, such as athenahealth, Inc., eClinicalWorks, Allscripts Healthcare Solutions, Inc. and Greenway Medical Technologies, Inc.

Many of our competitors have longer operating histories, greater brand recognition and greater financial, marketing and other resources than us. We also compete with various regional RCM companies, some of which may continue to consolidate and expand into broader markets. We expect that competition will continue to increase as a result of incentives provided by various governmental initiatives, and consolidation in both the information technology and healthcare industries. In addition, our competitive edge could be diminished or completely lost if our competition develops similar offshore operations in Pakistan or other countries, such as India and the Philippines, where labor costs are lower than those in the U.S. (although higher than in Pakistan). Pricing pressures could negatively impact our margins, growth rate and market share.


Overall company Market Share Q2 2022

With revenue growth of 9.29 % within Overall company, Carecloud Inc. achieved improvement in market share, within Overall company to approximate 0.23 %.
<<  More on MTBC Market Share.
*Market share is calculated based on total revenue.

MTBC's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

(in millions of $)
(in millions of $)
(in millions of $)
Carecloud Inc. MTBC 62.99 148.00 9.00 1,700
Bentley Systems Incorporated BSY 10,164 1,063.91 103.31 4,500
Athena Technology Acquisition Corp ATHN 246 652.81 58.06 0
Aspen Technology inc AZPN 15,963 684.46 272.46 1,419
Computer Programs And Systems Inc CPSI 403 304.69 32.65 2,000
International Business Machines Corporation IBM 108,200 64,050.00 5,588.00 381,100
Teradata Corporation TDC 3,373 1,922.00 322.00 10,800
Willdan Group inc. WLDN 193 385.00 -8.15 637
Cerner Corporation CERN 28,128 5,806.85 589.47 27,400
Kallo Inc. KALO 0 0.00 -0.71 4
Medical Information Technology Inc MITII 0 511.50 71.82 3,700
Allscripts Healthcare Solutions Inc. MDRX 1,806 1,054.54 62.29 8,900
Infosys Limited INFY 71,588 16,311.00 2,968.00 259,612
SUBTOTAL 240,128.39 92,895.10 10,068.11 701,772

Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production


Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales


Event Calendar

SCSC's Profile

Stock Price

SCSC's Financials

Business Description


Charts & Quotes

SCSC's News


SCSC's Competitors

Customers & Markets

Economic Indicators

SCSC's Growth

Company Segments


Stock Performance

Growth Rates




Financial Strength


Largest Companies

Management Effectivness


At a Glance


Growth Rates



Financial Strength


At a Glance



Sectors & Industries






About us


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071