HeartCore Reports First Quarter 2024 Financial Results
Heartcore Enterprises, Inc. (HTCR)
Company Research
Source: GlobeNewswire
NEW YORK and TOKYO, May 14, 2024 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading enterprise software and consulting services company based in Tokyo, reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 and Recent Operational Highlights Sold a Go IPO Client Warrant for $9 million. During the first quarter ended March 31, 2024, the Company received $5 million, with the remaining $4 million received in April 2024. Due to specific accounting treatments and stipulations in the warrant agreement, HeartCore will not recognize the $9 million as revenue on the balance sheet until the client becomes a publicly listed company, which is expected to occur in Fall 2024.Disbursed first dividend payment of $0.02 per share on May 3, 2024Expanded partnership with Heart-Tech HealthEngaged with Onside Content to develop AI-based content marketing evaluation and reporting index solutionFormed an Artificial In
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HTCR
Sec Filings
- 5/15/24 - Form 10-Q
- 5/15/24 - Form 8-K
- 5/13/24 - Form 8-K
- HTCR's page on the SEC website