Healthcare Triangle Announces Cost Reduction Initiatives to Achieve Profitability [Yahoo! Finance]
Healthcare Triangle, Inc. (HCTI)
NASDAQ:AMEX Investor Relations:
hybridcoatingtech.com/investor-relations.html
Company Research
Source: Yahoo! Finance
PLEASANTON, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud enablement, cybersecurity, data analytics, and AI data processing for the healthcare and life sciences industries, today announced that the Company is undertaking a series of strategic initiatives to reduce costs and drive efficiency in order to accelerate its path to profitability. Thyagarajan Ramachandran, CFO of Healthcare Triangle, said, “We are announcing a comprehensive set of initiatives that are both necessary and decisive. This program will aim to right-size the Company's cost structure, invest in high-potential growth opportunities, realign leadership, and position the business for long-term growth. Implementing these strategic initiatives will allow us to establish a clear path to consistent profitability and sustainable free cash flows.” Company initiatives include: Imp
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- Healthcare Triangle, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
HCTI
Sec Filings
- 3/22/24 - Form 8-K
- 3/18/24 - Form 10-K
- 3/18/24 - Form 8-K
- HCTI's page on the SEC website