Healthcare Triangle, Inc. (HCTI)

NASDAQ: HCTI · IEX Real-Time Price · USD
0.705
-0.059 (-7.69%)
At close: May 24, 2024, 4:00 PM
0.738
+0.034 (4.77%)
Pre-market: May 28, 2024, 4:47 AM EDT
-7.69%
Market Cap 3.96M
Revenue (ttm) 27.47M
Net Income (ttm) -10.92M
Shares Out 5.62M
EPS (ttm) -2.56
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 91,558
Open 0.761
Previous Close 0.763
Day's Range 0.705 - 0.705
52-Week Range 0.671 - 10.890
Beta 1.14
Analysts n/a
Price Target n/a
Earnings Date May 20, 2024

About HCTI

Healthcare Triangle, Inc., a healthcare information technology company, focuses on developing solutions in the sectors of cloud services, data science, and professional and managed services for the electronic health record, and healthcare and life sciences industry. It provides a suite of software, solutions, platforms, and services that enables healthcare and pharma organizations to deliver personalized healthcare, precision medicine, advances in drug discovery, development and efficacy, collaborative research and development, respond to evide... [Read more]

Sector Healthcare
IPO Date Oct 13, 2021
Employees 31
Stock Exchange NASDAQ
Ticker Symbol HCTI
Full Company Profile

Financial Performance

In 2023, HCTI's revenue was $33.20 million, a decrease of -27.64% compared to the previous year's $45.89 million. Losses were -$12.34 million, 28.4% more than in 2022.

Financial Statements

News

Healthcare Triangle Breaks New Ground in AI-Powered Patient Data Management with readabl.ai

PLEASANTON, Calif., April 03, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), In a pioneering move, a leading health system has part...

7 weeks ago - GlobeNewsWire

Healthcare Triangle, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

PLEASANTON, Calif., March 15, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a leader in digital transformation solutions including...

2 months ago - GlobeNewsWire

Healthcare Triangle, Inc. Appoints Anand Kumar as Interim CEO

PLEASANTON, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a frontrunner in healthcare technology has announced th...

2 months ago - GlobeNewsWire

Empowering the Future of Healthcare: How Healthcare Triangle's AI Initiative Sets a New Standard in Patient Care Excellence

PLEASANTON, Calif., March 01, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” HCTI” or the “Company”), embarks on a major initiative to integrate Artificial In...

3 months ago - GlobeNewsWire

Healthcare Triangle Empowers Healthcare Providers to Harness AI and LLMs for Groundbreaking Outcomes

Company's latest initiative addresses growing demand for AI analytics to revolutionize patient care PLEASANTON, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc. (Nasdaq: HCTI) (“Heal...

3 months ago - GlobeNewsWire

Healthcare Triangle Announces Cost Reduction Initiatives to Achieve Profitability

Strategic initiatives are expected to generate an estimated annualized savings of $3 million – $4 million in FY2024

3 months ago - GlobeNewsWire

Healthcare Triangle Unveils New SaaS Solutions to Drive Digital Transformation and AI Integration in Healthcare

Company positioned at forefront of $208 billion global AI in healthcare market by 2030 PLEASANTON, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc. (Nasdaq: HCTI) (“Healthcare Triang...

3 months ago - GlobeNewsWire

Healthcare Triangle Empowers Healthcare Security Management with AI TRiSM Framework Integration, Enhances AI Offerings with CloudEz and DataEz Platforms

Digital transformation leader advances AI technology and healthcare security PLEASANTON, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCT...

3 months ago - GlobeNewsWire

Healthcare Triangle, Inc. to Participate at the 2024 MUSE Executive Institute

PLEASANTON, Calif., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a leader in digital transformation solutions including ...

5 months ago - GlobeNewsWire

Healthcare Triangle, Inc. Completes $2.0 Million Private Placement Debt Offering

PLEASANTON, Calif., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“Healthcare Triangle,” “HCTI” or the “Company”), a leader in digital transformation solutions including ...

5 months ago - GlobeNewsWire

Healthcare Triangle Reports Third Quarter 2023 Results

PLEASANTON, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud...

7 months ago - GlobeNewsWire

Healthcare Triangle to Host Sessions on Digital Transformation and Ransomware Preparedness for Healthcare Systems at CHIME23 Fall Forum

PLEASANTON, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud ...

7 months ago - GlobeNewsWire

Healthcare Triangle to Host Webinar Addressing Ransomware Preparedness for Healthcare

Key learnings for today's event include methods for securing patient care and data integrity amid evolving cybersecurity challenges Key learnings for today's event include methods for securing patient...

9 months ago - GlobeNewsWire

Healthcare Triangle Reports Second Quarter 2023 Results

PLEASANTON, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud ...

10 months ago - GlobeNewsWire

Healthcare Triangle Ransomware Protection and Prevention Initiative Draws Initial Support from Multiple Health System Clients

Company offers critical resources for seven key tenets of ransomware cybersecurity: education, assessment, preparedness, protection, detection, response, and recovery Company offers critical resources...

10 months ago - GlobeNewsWire

Healthcare Triangle (NASDAQ: HCTI) Launches Initiative To Prevent Ransomware Attacks In The $35 Billion Healthcare Data Market

PLEASANTON, CA / ACCESSWIRE / July 13, 2023 / Healthcare Triangle, Inc. (NASDAQ:HCTI), a digital transformation solutions company for the healthcare and life sciences industry, is launching a new init...

11 months ago - Accesswire

Healthcare Triangle Launches Ransomware Initiative Aimed at Protection and Prevention for Healthcare Providers

Company to educate and guide best practices for maintaining resiliency in the face of increasing ransomware attacks in healthcare Company to educate and guide best practices for maintaining resiliency...

11 months ago - GlobeNewsWire

Healthcare Triangle Receives Nasdaq Delisting Notice; Appeals Determination

PLEASANTON, Calif., June 07, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the “Company”), a leader in digital transformation solutions including managed services, cloud ...

1 year ago - GlobeNewsWire

Healthcare Triangle to Participate in 2023 MUSE Inspire Conference as Exhibitor and Host of Best Practice Sessions

Company's “tech talks” and focus group will address methodologies supporting the highest standards for data protection and information security Company's “tech talks” and focus group will address meth...

1 year ago - GlobeNewsWire

Healthcare Triangle, Inc. Announces 1-for-10 Reverse Stock Split as Part of Nasdaq Compliance Plan

PLEASANTON, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud ...

1 year ago - GlobeNewsWire

Healthcare Triangle Reports First Quarter 2023 Results

PLEASANTON, Calif., May 09, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, cloud e...

1 year ago - GlobeNewsWire

Healthcare Triangle to Participate at HIMSS23 Conference as Guest Speaker for Amazon Web Services

Company to join long-time client CalvertHealth in discussing EHR resiliency using HCTI and AWS solutions Company to join long-time client CalvertHealth in discussing EHR resiliency using HCTI and AWS ...

1 year ago - GlobeNewsWire

Healthcare Triangle Closes $500,000 Private Placement of Common Stock Priced Above The Market

PLEASANTON, Calif., April 10, 2023 (GLOBE NEWSWIRE) -- Healthcare Triangle, Inc. (Nasdaq: HCTI) (“HCTI” or the "Company"), a leader in digital transformation solutions including managed services, clou...

1 year ago - GlobeNewsWire

Healthcare Triangle Expands Long-Standing Customer Engagement with readabl.ai Medical Document Automation Solution

readabl.ai is a best-in-class AI and language processing model that help customers achieve maximum performance efficiency in workflow automation readabl.ai is a best-in-class AI and language processin...

1 year ago - GlobeNewsWire

Healthcare Triangle Announces $3 Million Cloud DevOps Managed Services Agreement

Company's HITRUST-certified Cloud DevOps Managed Services enable new customer to quickly adopt and deploy cloud solutions in a secure, compliant, and scalable manner Company's HITRUST-certified Cloud ...

1 year ago - GlobeNewsWire