Trucept, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 17, 2022
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Trucept, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 5.03 million compared to USD 4.2 million a year ago. Net income was USD 0.208837 million compared to USD 0.647054 million a year ago. Basic earnings per share from continuing operations was USD 0.004 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.004 compared to USD 0.01 a year ago.
For the six months, sales was USD 9.51 million compared to USD 8.04 million a year ago. Net income was USD 0.353783 million compared to USD 1.32 million a year ago. Basic earnings per share from continuing operations was USD 0.006 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.006 compared to USD 0.02 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.