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**Company Information**
* **Name:** 8-Circle
* **Symbol:** 8-circle
* **Exchange:** Nasdaq
* **Sector:** Technology
* **Industry:** Software
**Financial Performance**
* **Revenue (2022):** $1.1 billion
* **Net income (2022):** $200 million
* **Earnings per share (2022):** $1.20
* **Trailing twelve-month revenue growth (as of Q4 2022):** 25%
* **Trailing twelve-month net income growth (as of Q4 2022):** 30%
**Key Metrics**
* **Market capitalization:** $5 billion
* **Price-to-earnings ratio (P/E):** 35
* **Price-to-sales ratio (P/S):** 5
* **Debt-to-equity ratio:** 0.5
**Business Overview**
8-Circle is a leading provider of cloud-based software solutions for the healthcare industry. The company's platform includes electronic health records (EHRs), patient portals, and revenue cycle management tools. 8-Circle's solutions are used by over 1,000 hospitals and clinics in the United States.
**Growth Drivers**
* **Increased adoption of cloud-based healthcare solutions:** The healthcare industry is increasingly moving towards cloud-based solutions, which offer improved accessibility, scalability, and security.
* **Expansion into new markets:** 8-Circle is expanding its presence in new markets, such as the United Kingdom and Canada.
* **Acquisitions:** The company has made several acquisitions in recent years to expand its product portfolio and geographic reach.
**Risks**
* **Competition:** The healthcare software market is highly competitive, with a number of established players.
* **Regulatory changes:** The healthcare industry is subject to frequent regulatory changes, which could impact 8-Circle's business.
* **Data security:** As a provider of healthcare data, 8-Circle is subject to strict data security regulations.