Trucept, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 22, 2023 at 01:59 am IST
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Trucept, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 4.86 million compared to USD 5.03 million a year ago. Net income was USD 0.520109 million compared to USD 0.208837 million a year ago. Basic earnings per share from continuing operations was USD 0.004 compared to USD 0.004 a year ago.
For the six months, sales was USD 8.95 million compared to USD 9.51 million a year ago. Net income was USD 0.801239 million compared to USD 0.353783 million a year ago. Basic earnings per share from continuing operations was USD 0.014 compared to USD 0.006 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.