HeartCore’s "Software Related Business” and "Go IPO Business” include the following revenue streams: Software Related Business Revenues from on-premise softwareRevenues from maintenance and support servicesRevenues from software as a service ("SaaS”)Revenues from software development and other miscellaneous servicesRevenues from customized software development and services GO IPO Business Revenues from consulting services Each business is expected to have the following results for the third quarter of 2024: Software Related BusinessGO IPO BusinessQ3 2024 Revenues$4 million$13 million - $15 million "I am pleased to announce robust preliminary results for this past third quarter, the strongest quarter in HeartCore’s history,” said the Company CEO Sumitaka Kanno.
Q3 2024 Revenues Expected to Increase to Between $17 Million and $19 MillionQ3 2024 Net Income Expected to Increase to Between $9 Million and $11 Million NEW YORK and TOKYO, Oct.18, 2024 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc.(Nasdaq: HTCR) ("HeartCore” or "the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced select preliminary financial results for the third quarter ended September 30, 2024.
Based on preliminary unaudited results, the Company expects revenues for the third quarter of 2024 to be between $17 million and $19 million, representing an increase of between 263% and 305%, compared to $4.7 million in the same quarter last year.
The story "HeartCore Announces Preliminary Third Quarter 2024 Financial Results" has 811 words across 28 sentences, which will take approximately 4 - 7 minutes for the average person to read.
Which news outlet covered this story?
The story "HeartCore Announces Preliminary Third Quarter 2024 Financial Results" was covered 11 hours ago by GlobeNewswire, a news publisher based in China.
How trustworthy is 'GlobeNewswire' news outlet?
GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.
The outlet is headquartered in China and publishes an average of 25 news stories per day.
It's most recent story was published 9 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
