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Amesite (Nasdaq: AMST) Anticipates Sales Growth Amid Shifting Trade Dynamics - Amesite (NASDAQ:AMST)
DETROIT, April 04, 2025 (GLOBE NEWSWIRE) -- Amesite Inc. AMST, a leading developer of AI-powered enterprise solutions, today confirms that its operations remain unaffected by recently announced U.S. tariffs. Amesite is U.S.-owned with a fully remote, U.S.-based workforce and no reliance on foreign hardware or suppliers. Amesite's cloud-native infrastructure avoids international chokepoints, shielding it from tariff impacts. Software companies and platforms built on domestic technology and workforces remain insulated from the newly implemented trade policy, which sets a 10% tariff on most imports -- and up to 32% on goods from certain countries. Amesite CEO, Dr. Ann Marie Sastry, said, "Our sales trajectory reflects exactly what we anticipated. In a climate of rising uncertainty and costs, and increasing demand for care, solutions that deliver efficiency, accuracy, and scalability are even more essential. Powered by AI, NurseMagic™ reduces charting time by 95% and ensures audit-ready documentation -- making our solution both high-performing and cost-effective for our customers." Brandon Owens, VP of Sales at Amesite, said, "Increasing cost pressures increase the demand for NurseMagic™. We're strongly positioned to lead in the home health industry. Today, we're onboarding larger organizations that are rolling out our platform enterprise-wide -- across clinical and non-clinical teams, including social workers, administrators, and aides -- fueling both user growth and revenue." About Amesite Amesite AMST is an AI-driven company with an immediate aim to transform the $330 billion home and healthcare segments. Its flagship product, NurseMagicTM, streamlines documentation for nurses and caregivers, reducing the time required from 20 minutes to just 20 seconds. NurseMagicTM is used by over 100 professions to improve care, enhance operational efficiency and improve financial performance. Built on proprietary AI trained on industry-specific data, NurseMagic meets HIPAA regulations while improving accuracy and efficiency. The platform serves B2B and B2C users across 50 states and 21 countries, offering seamless integration into healthcare workflows and translations to over 50 languages. This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning the Company, the Company's planned online machine learning platform, the Company's business plans, any future commercialization of the Company's online learning solutions, potential customers, business objectives and other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. Risks facing the Company and its planned platform are set forth in the Company's filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise. Investor Relations ir@amesite.com AMSTAmesite Inc$2.18-5.63%Stock Score Locked: Want to See it? Benzinga Rankings give you vital metrics on any stock - anytime. Reveal Full ScoreEdge RankingsMomentum57.81Growth9.04Quality-Value5.00Price TrendShortMediumLongOverviewMarket News and Data brought to you by Benzinga APIs
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Amesite (Nasdaq: AMST) Anticipates Sales Growth Amid Shifting Trade Dynamics By Investing.com
DETROIT, April 04, 2025 (GLOBE NEWSWIRE) -- Amesite Inc. (NASDAQ: AMST), a leading developer of AI-powered enterprise solutions, today confirms that its operations remain unaffected by recently announced U.S. tariffs. Amesite is U.S.-owned with a fully remote, U.S.-based workforce and no reliance on foreign hardware or suppliers. Amesite's cloud-native infrastructure avoids international chokepoints, shielding it from tariff impacts. Software companies and platforms built on domestic technology and workforces remain insulated from the newly implemented trade policy, which sets a 10% tariff on most imports"and up to 32% on goods from certain countries. Amesite CEO, Dr. Ann Marie Sastry, said, Our sales trajectory reflects exactly what we anticipated. In a climate of rising uncertainty and costs, and increasing demand for care, solutions that deliver efficiency, accuracy, and scalability are even more essential. Powered by AI, NurseMagic™ reduces charting time by 95% and ensures audit-ready documentation"making our solution both high-performing and cost-effective for our customers. Brandon Owens, VP of Sales at Amesite, said, Increasing cost pressures increase the demand for NurseMagic™. We're strongly positioned to lead in the home health industry. Today, we're onboarding larger organizations that are rolling out our platform enterprise-wide"across clinical and non-clinical teams, including social workers, administrators, and aides"fueling both user growth and revenue. About Amesite Amesite (NASDAQ: AMST) is an AI-driven company with an immediate aim to transform the $330 billion home and healthcare segments. Its flagship product, NurseMagic™, streamlines documentation for nurses and caregivers, reducing the time required from 20 minutes to just 20 seconds. NurseMagic™ is used by over 100 professions to improve care, enhance operational efficiency and improve financial performance. Built on proprietary AI trained on industry-specific data, NurseMagic meets HIPAA regulations while improving accuracy and efficiency. The platform serves B2B and B2C users across 50 states and 21 countries, offering seamless integration into healthcare workflows and translations to over 50 languages. Forward-Looking Statements This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) concerning the Company, the Company's planned online machine learning platform, the Company's business plans, any future commercialization of the Company's online learning solutions, potential customers, business objectives and other matters. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. Risks facing the Company and its planned platform are set forth in the Company's filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
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Amesite Inc., a U.S.-based AI solutions developer, anticipates sales growth for its NurseMagic™ platform, which remains unaffected by new U.S. tariffs due to its domestic operations and cloud-native infrastructure.
Amesite Inc. (NASDAQ: AMST), a leading developer of AI-powered enterprise solutions, has confirmed that its operations will not be impacted by recently announced U.S. tariffs. The company's U.S.-based ownership, fully remote workforce, and lack of reliance on foreign hardware or suppliers shield it from the new trade policy's effects 12.
The newly implemented trade policy sets a 10% tariff on most imports, with tariffs up to 32% on goods from certain countries. However, Amesite's cloud-native infrastructure and domestic technology base ensure that it remains insulated from these international trade pressures 12.
Amesite's flagship product, NurseMagic™, is at the forefront of the company's growth strategy. This AI-powered platform is designed to streamline documentation for nurses and caregivers, significantly reducing charting time from 20 minutes to just 20 seconds 12.
Dr. Ann Marie Sastry, CEO of Amesite, emphasized the platform's relevance in the current economic climate: "In a climate of rising uncertainty and costs, and increasing demand for care, solutions that deliver efficiency, accuracy, and scalability are even more essential. Powered by AI, NurseMagic™ reduces charting time by 95% and ensures audit-ready documentation -- making our solution both high-performing and cost-effective for our customers" 12.
Brandon Owens, VP of Sales at Amesite, highlighted the company's strong position in the home health industry. He noted that increasing cost pressures are driving up demand for NurseMagic™. The company is currently onboarding larger organizations that are implementing the platform enterprise-wide, including clinical and non-clinical teams such as social workers, administrators, and aides 12.
Amesite aims to transform the $330 billion home and healthcare segments with its AI-driven solutions. NurseMagic™ is currently used by over 100 professions to improve care, enhance operational efficiency, and boost financial performance. The platform serves both B2B and B2C users across 50 states and 21 countries, offering seamless integration into healthcare workflows and translations to over 50 languages 12.
While Amesite's management expresses optimism about the company's growth trajectory, it's important to note that forward-looking statements are subject to risks and uncertainties. The company's actual results may differ from these projections due to various factors affecting the AI and healthcare technology markets 12.
As the healthcare industry continues to seek efficient, accurate, and scalable solutions, Amesite's AI-powered platforms like NurseMagic™ are well-positioned to meet these evolving needs, potentially driving the company's growth in the coming years.
Amesite, an AI software company, has launched a significant partnership with Maricopa Corporate College to provide AI and technical training programs. This collaboration marks Amesite's largest community college deal to date.
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Amesite Inc., an AI-driven solutions provider, is set to release a video shareholder update discussing the monetization of its NurseMagic™ app and other key business developments.
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Amesite Inc., a technology company specializing in AI-driven solutions, has priced its public offering at $3.00 per share, aiming to raise approximately $3.6 million for general corporate purposes and expansion of its AI-powered products.
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Amesite Inc. announces its participation in the Sidoti January Virtual Investor Conference, where it will present its AI-driven healthcare solution, NurseMagic™, which has seen significant growth and adoption across multiple healthcare professions.
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Amesite's NurseMagic app launches pilot programs with five healthcare companies and sees a 27% increase in users. The app ranks 33rd in the App Store's Medical category, showcasing its growing popularity in the healthcare sector.
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