Financial Performance4Q revenue of $18.8M was above expectations and the previous guidance range, driven by strong pull-through from the Cue Reader installed base and ongoing Cue Integrated Care platform adoption.
Management ChangesThe transition in leadership with the appointment of new CEO and Board of Directors advisors is set to refine business strategy and enhance cost efficiency.
Operational EfficiencyHL TH delivered $200M in annualized run rate cost savings for 2023, effectively surpassing its $150M cost savings target.