Helport AI (NASDAQ:HPAI) Announces Earnings Results

Helport AI (NASDAQ:HPAI) posted its earnings results on Friday. The company reported ($0.02) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $8.83 million for the quarter.

Helport AI Stock Performance

NASDAQ HPAI traded up $0.09 during trading hours on Friday, reaching $0.61. 174,568 shares of the company were exchanged, compared to its average volume of 542,742. Helport AI has a 1 year low of $0.52 and a 1 year high of $5.22. The business’s 50 day simple moving average is $1.08 and its 200-day simple moving average is $2.39.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Helport AI in a research report on Monday, April 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Helport AI has an average rating of “Sell”.

Institutional Investors Weigh In On Helport AI

An institutional investor recently bought a new position in Helport AI stock. Goldman Sachs Group Inc. acquired a new stake in Helport AI Limited (NASDAQ:HPAI) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 10,631 shares of the company’s stock, valued at approximately $63,000. Institutional investors own 62.44% of the company’s stock.

About Helport AI

Helport AI Ltd. engages in the development of intelligent products, solutions, and a digital platform for customer contact centers. The firm offers AI Assist, a software that provides tailored AI-powered guidance and oversight for contact center interactions and customer experience, with functions including agent assistant, quality assurance (QA) assistant, supervisor assistant, and knowledge base assistant. It also operates Helphub Crowdsourcing Platform, an AI integrated contact center business process outsourcing (BPO) platform that serves both companies providing and seeking BPO services.