HeartCore Announces A Strategic Shift From Annual Contracts To Multi-Year Agreements Around Its Core Software Business Contracts To Drive Longer And Increased Sales Contracts
Portfolio Pulse from Benzinga Newsdesk
HeartCore Enterprises, Inc. (NASDAQ:HTCR) is shifting from annual to multi-year contracts in its core software business to drive longer and increased sales. This strategic move aims to enhance customer retention and generate recurring revenue streams, supporting sustained profitability.
October 22, 2024 | 12:34 pm
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HeartCore Enterprises is transitioning from annual to multi-year contracts to enhance customer retention and generate recurring revenue. This strategic shift is expected to support sustained profitability and growth.
The shift to multi-year contracts is a strategic move to secure long-term customer relationships and stable revenue streams. This is likely to positively impact HTCR's stock price as it indicates a focus on sustained profitability and growth.
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