Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
HeartCore Enterprises, Inc. reported fourth quarter ended December 31, 2022 results: revenue $2.0 million, net income $1.4 million, or $0.08 per diluted share (net loss), EPS $0.08 per diluted share (net loss).
- Period
- fourth quarter ended December 31, 2022
- Revenue
- $2.0 million
- Net income
- $1.4 million, or $0.08 per diluted share (net loss)
- EPS
- $0.08 per diluted share (net loss)
- Result
- reported results
Exact text from the filing
full year as a publicly traded company on the Nasdaq on a high note and expect 2023 to be an inflection point for HeartCore.” Fourth Quarter 2022 Financial Results Revenues were $2.0 million compared to $2.4 million in the same period last year. The decrease in revenues was due to lower sales of on-premise software and the effects of turbulence within the broader
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
HeartCore Enterprises, Inc. reported full year ended December 31, 2022 results: revenue $8.8 million, net income $6.7 million (net loss), EPS $0.37 per diluted share (net loss).
- Period
- full year ended December 31, 2022
- Revenue
- $8.8 million
- Net income
- $6.7 million (net loss)
- EPS
- $0.37 per diluted share (net loss)
- Result
- reported results
Exact text from the filing
share last year. The increase in net loss was primarily due to an increase in operating expenses and a decrease in revenues. Full Year 2022 Financial Results Revenues were $8.8 million compared to $10.8 million last year. The decrease in revenues was primarily due to a large, five-year CXM contract being renewed in 2021 and the ongoing depreciation of the
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