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.

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