---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-040333"
form_type: "8-K"
ticker: "HTCR"
cik: "0001892322"
company_name: "HeartCore Enterprises, Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:43:01.723958+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HeartCore Q3 2023 revenue $4.7M (+150% YoY); net loss $2.5M ($0.11 EPS)

## Summary
- Q3 revenue $4.7M, up 150% YoY; net loss $2.5M ($0.11 per share) vs loss $2.0M ($0.11) prior year.
- Enterprise software revenue doubled; consulting services ~$612k as client IPOs delayed to Q4.
- Cash and equivalents $2.2M at Sept 30, 2023, down from $7.2M at Dec 31, 2022.
- CMS awarded top market share in Japan 8th consecutive year; signed 11th Go IPO contract.
- Nine months 2023 revenue $18.5M (+172% YoY); net loss $1.8M ($0.07) vs loss $5.3M ($0.29).

## SEC filing metadata
- accession: 0001493152-23-040333
- form_type: 8-K
- ticker: HTCR
- cik: 0001892322
- company_name: HeartCore Enterprises, Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892322/000149315223040333/0001493152-23-040333-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892322/000149315223040333/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-040333
- JSON: https://secwatch.observer/filing/0001493152-23-040333.json
- Plain text: https://secwatch.observer/filing/0001493152-23-040333.txt

## Key facts
- Earnings Releases
  HeartCore Enterprises, Inc. reported the nine months ended September 30, 2023 results: revenue $18.5 million, net income Net loss was about $1.8 million or $(0.07) per diluted share, EPS $(0.07) per diluted share.
  - Period: the nine months ended September 30, 2023
  - Revenue: $18.5 million
  - Net income: Net loss was about $1.8 million or $(0.07) per diluted share
  - EPS: $(0.07) per diluted share
  - Result: reported results
  source text: doubled compared to Q3 2022. ● Consulting services revenues were only approximately $612,000, as client IPOs have been moved to Q4 2023. ● Year-to-Date 2023 revenue of $18.5 million, 172% higher than Q3 2022. ● Year-to-Date 2023 Net Loss of $1.8 million, or $(0.07) per share. ● Launched its digital experience platform, Daishiwake platform into the U.S. and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892322/000149315223040333/0001493152-23-040333-index.htm
- Earnings Releases
  HeartCore Enterprises, Inc. reported the third quarter ended September 30, 2023 results: revenue $4.7 million, net income Net loss was $2.5 million or $(0.11) per diluted share, EPS $(0.11) per diluted share.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $4.7 million
  - Net income: Net loss was $2.5 million or $(0.11) per diluted share
  - EPS: $(0.11) per diluted share
  - Result: reported results
  source text: company based in Tokyo, reported financial results for the third quarter ended September 30, 2023. Third Quarter 2023 and Recent Operational Highlights ● Q3 2023 Revenue of $4.7 million, 150% higher than Q3 2022. ● Enterprise software revenue doubled compared to Q3 2022. ● Consulting services revenues were only approximately $612,000, as client IPOs have been
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892322/000149315223040333/0001493152-23-040333-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.