Healthcare Triangle Q1 revenue rises 166% on acquisitions
Healthcare Triangle HCTI | 0.00 |
Overview
US digital transformation firm's Q1 revenue rose 166% yr/yr, driven by recent acquisitions
Gross profit for Q1 surged 627% to $2.4 mln, with gross margin expanding to 24%
Teyame and Datono acquisitions accounted for all incremental revenue and gross profit growth
Outlook
Company expects gross margins to continue improving as integration of acquisitions matures
Result Drivers
ACQUISITIONS - Teyame and Datono acquisitions were the primary driver of revenue and gross profit growth in Q1 2026
HIGHER-MARGIN SEGMENT - Addition of Customer Engagement Services segment from acquisitions expanded gross margin to 24%
Company press release: ID:nPn28yvpMa
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Revenue |
|
$9.9 mln |
|
Analyst Coverage
Wall Street's median 12-month price target for Healthcare Triangle Inc is $300.00, about 13,598.6% above its May 13 closing price of $2.19
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