Trucept, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 18, 2022
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Trucept, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 4.48 million compared to USD 3.83 million a year ago. Net income was USD 0.144946 million compared to USD 0.672967 million a year ago.
Basic earnings per share from continuing operations was USD 0.003 compared to USD 0.01 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.