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GameStop Spent Over Half a Billion Dollars Buying Bitcoin. Here's What That Could Mean for the Struggling Stock
The Motley Fool· 2025-06-18 08:35
GameStop hopes its new Bitcoin purchase will bring it success like that of Strategy, which is up over 150% over the past year. GameStop (GME -1.42%), the subject of a meme stock craze several years ago, is making some big moves. The embattled video game retailer has raised a tremendous amount of money and begun acquiring Bitcoin. It recently announced purchases made between May 3 and June 10 totaling 4,710 Bitcoins, at a cost of over $500 million. GameStop has declined nearly 30% since the start of 2025. Th ...
IBM Surges 16% in Six Months: Is it Time to Buy the Stock?
ZACKS· 2025-06-06 15:31
Key Takeaways IBM stock has gained 16% in six months, outperforming MSFT's 5% rise and AMZN's 8.4% drop. Hybrid cloud momentum and watsonx AI Labs are fueling IBM's Software and Consulting growth. IBM faces margin pressure, job cuts and intense cloud competition despite improving earnings estimates.International Business Machines Corporation (IBM) has surged 16% over the past six months compared with the industry’s growth of 1.8%, outperforming peers like Microsoft Corporation (MSFT) and Amazon.com, Inc. ...
HeartCore Signs 15th Go IPO Contract
GlobeNewswire News Room· 2025-06-03 20:30
Core Insights - HeartCore Enterprises, Inc. has signed a Consulting Agreement with tmsuk Co. Ltd. for its 15th Go IPO consulting service win [1][2] - tmsuk will compensate HeartCore with $500,000 in fees and a warrant to acquire 3% of tmsuk's capital stock, subject to shareholder approval [2] - HeartCore's CEO expressed optimism about the demand for Go IPO services from Japanese growth companies despite market uncertainties [3] Company Overview - HeartCore is a leading enterprise software and data consulting services company headquartered in Tokyo, with additional offices in New York and San Francisco [4] - The company offers Software as a Service (SaaS) solutions and data analytics services to enhance customer experiences for enterprise clients [5] - HeartCore's Go IPOSM consulting services assist Japanese companies in going public in the U.S. [6]
Computer Modelling Group Announces Year-End Results
Globenewswire· 2025-05-22 09:00
Core Viewpoint - Computer Modelling Group Ltd. reported financial results for the fiscal year ending March 31, 2025, highlighting challenges in organic growth due to macroeconomic factors and a low oil price environment, while also noting revenue growth supported by acquisitions [4][8]. Financial Performance Summary - Total revenue for Q4 2025 increased by 4% to $33.7 million, with a 13% organic decline and a 17% growth from acquisitions [8][9]. - Recurring revenue rose by 16% to $24.2 million, with a 7% organic decline and a 23% growth from acquisitions [8][9]. - Adjusted EBITDA increased by 2% to $10.5 million, with an adjusted EBITDA margin of 31%, down from 32% in the previous year [8][9]. - Earnings per share decreased by 33% to $0.06, while free cash flow decreased by 26% to $7.0 million [8][9]. Year-End Financial Highlights - Total revenue for the fiscal year increased by 19% to $129.4 million, with a 1% organic decline and a 20% growth from acquisitions [8][9]. - Recurring revenue for the year increased by 13% to $86.8 million, with a 1% organic growth and a 12% growth from acquisitions [8][9]. - Adjusted EBITDA for the year increased by 2% to $44.0 million, with an adjusted EBITDA margin of 34%, down from 40% in the previous year [8][9]. - Free cash flow for the year decreased by 22% to $27.6 million [8][9]. Dividend Announcement - The Board of Directors approved a cash dividend of $0.05 per common share for Q4 2025, to be paid on June 13, 2025 [10]. Future Outlook - For fiscal 2026, the company anticipates a reduction of $6 - $7 million in professional services revenue compared to fiscal 2025, which may challenge total revenue growth [5]. - The company aims to shift its revenue mix towards a higher percentage of software revenue, with the reduction in professional services being a natural part of this shift [5][6].
HeartCore Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-15 12:30
Management Commentary NEW YORK and TOKYO, May 15, 2025 (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, 2025. First Quarter 2025 and Recent Operational & Financial Highlights HeartCore CEO Sumitaka Kanno commented: "We continued to make meaningful strategic advancements across our software business this quarter, the corne ...
HeartCore Reports 2024 Financial Results
Globenewswire· 2025-03-31 12:30
NEW YORK and TOKYO, March 31, 2025 (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 year ended December 31, 2024. Recent Operational & Financial Highlights Management Commentary HeartCore CEO Sumitaka Kanno commented: "Over the past year, we made several strategic advancements in our software business model, all aimed at driving sustainable and predic ...