HeartCore Releases Disappointing Financial Results for FY 2023

Tuesday, 9 April 2024, 06:03

HeartCore's FY 2023 financial report shows a GAAP EPS of -$0.21, missing expectations by $0.25, alongside a revenue of $21.85M revealing a miss by $1.43M. Despite a significant year-over-year revenue increase of 147.7%, the company's financial performance fell short of projections, signaling challenges in meeting market demands and investor expectations.
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HeartCore Releases Disappointing Financial Results for FY 2023

HeartCore Financial Report Overview

HeartCore press release (HTCR): FY GAAP EPS of -$0.21 misses by $0.25.

Revenue of $21.85M ( +147.7% Y/Y) misses by $1.43M.

As of December 31, 2023, the company had cash and cash equivalents of profound importance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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