MTBC Announces Results from Annual Shareholders Meeting
CareCloud, Inc. (MTBC)
Last carecloud, inc. earnings: 2/28 07:00 am
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US:NASDAQ Investor Relations:
ir.mtbc.com
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Source: GlobeNewswire
SOMERSET, N.J., June 18, 2018 (GLOBE NEWSWIRE) -- MTBC (the "Company") (NASDAQ: MTBC) (NASDAQ: MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services, today announced that its shareholders held their 2018 annual meeting on June 15, 2018 and voted on three proposals. At the annual meeting, MTBC’s shareholders provided their overwhelming support for the three proposals. In particular, shareholders voted to re-elect John N. Daly, a former EVP and director of E.F. Hutton & Company to serve another term on its board of directors, to amend the Company's Certificate of Incorporation to increase the authorized number of shares of preferred stock, and to amend the Company’s Equity and Incentive Plan to increase the number of shares of preferred stock. "We are very grateful to our shareholders, customers, and employees for their support over the last year, which enabled us to achieve record revenue growth during 2017 and adjusted EBITDA of $3.5 mill
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