Trucept, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023
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Trucept, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 4.63 million. Net income was USD 0.480052 million. Basic earnings per share from continuing operations was USD 0.009. Diluted earnings per share from continuing operations was USD 0.009.
For the nine months, sales was USD 13.58 million compared to USD 14.85 million a year ago. Net income was USD 1.28 million compared to USD 0.50488 million a year ago. Basic earnings per share from continuing operations was USD 0.023 compared to USD 0.009 a year ago. Diluted earnings per share from continuing operations was USD 0.023 compared to USD 0.009 a year ago.
Trucept, Inc. provides marketing, accounting and human resource services to a range of industries, including staffing, professional employment organizations and hospitality. It has two subsidiaries. Afinida Inc. offers various services, including payroll services, which includes payroll processing, cloud-based software, direct deposits, new hire reporting and others, and payroll tax services, which includes payroll tax payments, filings and compliance services. Afinida Insurance Services, Inc. offers employee benefits, which include medical/dental/vision plans, supplemental insurance, and life insurance and cafeteria plans; commercial lines, which includes workers' compensation, business ownersâ policies, property insurance, general liability insurance and employment practices liability insurance; and individual policies, which includes medical, dental and vision plans, supplemental insurance, life insurance and home owners/condo/renters insurance.