$HCTI (Nasdaq) Company initiatives include: *Im
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*Implementation of planned enhancements to the platform portfolio;
*Aligning selling, general and administrative costs ("SG&A" by reducing third-party professional fees and infrastructure costs;
*Streamline the leadership structure to create clearer lines of accountability;
*Adjust go-to-market focus based on current market realities and how our customers want to leverage our platforms; Further streamlining the organization to drive process-related efficiencies.
As a result of the initiatives announced today, the Company expects to:
* Enhance gross margins by blending platform and managed services offerings
* Cost optimization across business operations
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