Blue Line Protection Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 10:12 am EDT
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Blue Line Protection Group, 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 1.1 million compared to USD 0.984811 million a year ago. Net income was USD 0.130915 million compared to USD 0.185951 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago.
For the six months, sales was USD 2.11 million compared to USD 1.99 million a year ago. Net income was USD 0.12535 million compared to USD 0.03574 million a year ago. Basic earnings per share from continuing operations was USD 0.01. Diluted earnings per share from continuing operations was USD 0.01.
Blue Line Protection Group, Inc. provides armed protection and transportation, currency processing and training, and compliance services for businesses engaged in the legal cannabis industry. The Company provides logistics, and compliance services for businesses engaged in the legal cannabis industry. The Company offers asset logistic services, such as armed transportation service, including shipment protection, money escorts, asset vaulting, financial services, such as handling transportation and storage of currency; training; and compliance services. It offers a fully integrated approach to managing the movement of cannabis and cash from growers through dispensaries via armed and armored transport, currency processing, vaulting and related credit. It supplies asset protection via armored transportation and currency processing services to licensees in Colorado, Arizona, Nevada, and New Mexico, out of its two business locations.