tiprankstipranks
HeartCore shifts CMS licensing contracts to drive longer sales contracts
The Fly

HeartCore shifts CMS licensing contracts to drive longer sales contracts

HeartCore Enterprises (HTCR) announced a strategic shift from annual contracts to multi-year agreements around its core software business contracts. Since achieving profitability across its software business in Q1 2024, HeartCore has maintained a strong focus on its sales and marketing strategies to drive growth and sustain positive momentum. By September 2024, the Company tripled its new customer acquisition count while also reporting a fivefold increase in contract extensions from its existing customer base, both on a year-over-year basis. Building on this momentum, HeartCore has adopted a strategic shift to proposing multi-year agreements that provide customers with more comprehensive, long-term support while helping each client establish a robust CMS infrastructure.

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App