CreditRiskMonitor.com, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 02:11 pm EDT
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CreditRiskMonitor.com, 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 4.68 million compared to USD 4.45 million a year ago. Net income was USD 0.451351 million compared to USD 0.212668 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago.
For the six months, sales was USD 9.27 million compared to USD 8.79 million a year ago. Net income was USD 0.726631 million compared to USD 0.363789 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.03 a year ago.
CreditRiskMonitor.com, Inc. is engaged in selling a suite of Web-based, software as a service (SaaS) subscription product providing access to comprehensive commercial credit reports, bankruptcy risk analytics, financial and payment information, and curated news on public and private companies. The Company focuses on facilitating the analysis of corporate financial risk, in the context of the extension of trade credit from one business to another; the management by businesses of important relationships with suppliers, and/or the management by businesses of significant counterparty (i.e., buying and selling) relationships. Its comprehensive commercial credit reports covering both public and private companies worldwide are published through its Web-based platform and feature detailed analyses of financial statements, including ratio analysis and trend reports, and peer analysis. Its platform, SupplyChainMonitor, leverages its financial risk analytics to create a risk management solution.
CREDITRISKMONITOR.COM, INC. 
