Helport AI (NASDAQ:HPAI) Issues Quarterly Earnings Results

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

Helport AI Stock Performance

Shares of Helport AI stock opened at $0.61 on Friday. Helport AI has a twelve month low of $0.52 and a twelve month high of $5.22. The company’s 50 day moving average is $1.06 and its 200 day moving average is $2.38.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Helport AI in a report on Monday, April 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Helport AI

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

Helport AI Company Profile

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.