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HeartCore Announces Preliminary Third Quarter 2024 ResultsQ3 2024 Revenues Expected to Increase to Between $17 Million and $19 Million Q3 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. These results are preliminary and unaudited, and are subject to all aspects of the final quarterly review process and may change as a result of new information that arises, or new determinations that are made, in this process. 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. Revenues for the nine months ended September 30, 2024 are expected to be between $26 million and $28 million, representing an increase of between 40% and 51%, compared to $18.5 million for the same period last year. Net income is expected to be between $9 million and $11 million for the third quarter of 2024, compared to a net loss of $2.5 million in the same period last year. Net income for the nine months ended September 30, 2024 is expected to be between $5 million and $7 million, compared to a net loss of $1.8 million in the same period last year. HeartCore’s “Software Related Business” and “Go IPO Business” include the following revenue streams: Software Related Business Revenues from on-premise software Revenues from maintenance and support services Revenues from software as a service (“SaaS”) Revenues from software development and other miscellaneous services Revenues from customized software development and services Go IPO Business “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. “This significant increase is primarily due to the recent public listing of our Go IPO client, SBC Medical Group Holdings Incorporated (“SBC”). The Company is expected to report approximately $12 to $14 million in revenues from warrants issued by SBC for our IPO consulting services. This Go IPO deal is the biggest achievement since the business’ inception and underscores the immense value our consulting business presents. Additionally, we have an incremental three Go IPO deals that are slated to close over the next several months, and with an optimistic outlook on the U.S. IPO market for Japanese companies, we look forward to the completion of these deals that are set to further strengthen our financial results. We also shifted toward proposing multi-year software licensing agreements to our customers starting in 2024, and these agreements corresponded to increased revenues in our Software Related Business. 2024 is set to be the strongest year in HeartCore history, and we remain committed to retaining this upward trend for future quarters and years ahead. We look forward to providing the full details of our third quarter 2024 financial results in mid-November.”
NASDAQ:HTCRLong
by HASHInvests200
A Dogecoin Bullflag Sits Above A Very Historic Monthly RangeFrom the looks of things the Dogecoin to BTC pair, maybe attempting a Break-Hook-and-Go off the All-Time Historic Range that it traded within and could be setting up for a Bull Flag Breakout that would take it to the 2.272 Fibonacci Extension. We can also see that the MACD is showing us some Hidden Bullish Divergence and is Crossing on the Monthly which has historically led to massive moves up within the range. Now that DOGE/BTC trades above the Range we could perhaps expect the Biggest Move Yet!
Long
by RizeSenpai
1
$GO ~ Completing wave 5 as shown...Grocery Outlet Holding Corp. owns and operates a network of independently operated stores in the United States. The company’s stores offer products in various categories, such as dairy and deli, produce, floral, and fresh meat and seafood products, as well as grocery, general merchandise, health and beauty care, frozen foods, and beer and wine. As of March 1, 2022, it had approximately 410 stores in California, Washington, Oregon, Pennsylvania, Idaho, Nevada, and New Jersey. The company was founded in 1946 and is headquartered in Emeryville, California.
NASDAQ:GO
by EndlessCode
BTCUSDT#BTCUSDT Since the last review, the price of the main cryptocurrency has dropped below $34k. What happened and what should we expect in the near future? MM is trying its best to destroy any belief in growth, as it did last summer. At the moment we have been in accumulation for more than 120 days All indicators are broken 💡loans - growing 💡 shorts - growing up 💡 we can observe the influx of usdt every day 💡Fear Index - 11 (Extreme) I'm waiting for the denouement in the near future, I don't see much point in going lower, the minimum we can reach at the moment is 30k, followed by a quick buyout. Take risks and stay safe
Long
by MMJtop
1
FILUSD WILL IT HIT 20X Sources Say YesBut listen Up Time is running out May 11th is not far away. And you will definatally want to be on top of this one asap. All jokes aside this may be your biggest money maker for 2022. These are the opportunities many wait for and never find or never see the opportunity until it is too late, and they miss out. Please remember what I am saying here because when we look back, I want you to Rember me for next time I post on a coin, and you say to yourself that guy was right last time, and I missed out once again. Don`t be that person. Happy Trading See You Soon
COINBASE:FILUSDLong
by SHakeTheTinCan
5
GME - Holy Moly!!! GME - Strap on the moon boots boyz - here is the rip!! GME over $140 in AH action tonight!! Finding a little resistance in this area from past intermediate lows. However with volume coming back in mass today, the OBV oscillator uptick is highest reading since last true bull run back in June 2021. Over 15 mil shares traded today (5x normal daily) and nearly half of it was still trapped in Dark Pools chartexchange.com Bullish RSI indicator flashing well above neutral line on the daily but plenty of room to run to the upside from here. On the 4 hr chart (shown) the RSI is engorged beyond any previous print ever! - and appears ready to ROCK even higher. MACD leader indicator about to go straight up vertical = bullish price action RIGHT NOW! Borrow rates are sky rocketing tonight and shorts are toasted. With RC adding 100K shares per recent filings that were released after market close today = Expecting a gap up tomorrow morning pre-market on FOMO energy. HOW DO YOU SPELL MOASS? = HODL! Not financial advice.
NYSE:GMELong
by Akksujean
1
2022-2026 BTCUSD Forecast Major Suprise On the Horizon can you guess what it is. BTC Dominance on the horizon.80% of all coins wiped out before the end of this year. Who will be left standing? Stay tuned in for what is to come. Hard Push for BTC how high will it go get the scoop right here. So called heavy weights made predictions and were off massively or where they? These are my predictions as you know many are underestimated. Sh$% Coins are somewhat hyped we all know it but take it as they come it speak volumes. See you on the flipside. Stay Blessed
COINBASE:BTCUSDLong
by SHakeTheTinCan
1
GOBTC Soon Breakout ?For quite a long time GOBTC is trading inside narrow corridor. Usually such long time tradings lead to either: huge movement up or slow movement down. By looking at current market situation I have a feeling that BTC dominance is decreasing which can only mean 1 thing, money is flowing to altcoins. GOBTC has been on Binance since 2018 and never had major movement since then, even though underlying project and team are solid. My prediction for this pair is upward movement, if and only if bulls destroy 94 satoshi price level and weekly candle closes over aforementioned price. In opposite, downward movement is expected in case BTC starts to move down, hence all altcoins will follow. Candles are touching 99 EMA on 79 satoshi price point which means that it's on a verge of breakout(or breakdown). RSI indicator is also steadily increasing.
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by bejaneps