Press Release: Trucept, Inc. (DBA Afinida) Reports Substantial Increase in Revenue and Gross Profit for the Second Quarter of 2024

Dow Jones08-19

Trucept, Inc. (DBA Afinida) Reports Substantial Increase in Revenue and Gross Profit for the Second Quarter of 2024

PR Newswire

ESCONDIDO, Calif., Aug. 19, 2024

ESCONDIDO, Calif., Aug. 19, 2024 /PRNewswire/ -- Trucept, Inc. (OTC Pink: TREP) DBA Afinida, is pleased to announce significant achievements in its financial performance for the Second Quarter of 2024

Highlights include: 

   -- A $867,657 or 25% increase in gross profit for Q2 - quarter over quarter. 
 
   -- Recorded an impressive 24% increase in income from operations quarter 
      over quarter. 
 
   -- Recognized a 10% increase in net and comprehensive income.

"We are pleased to announce that Trucept, Inc. has continued its momentum with strong financial gains in the second quarter, reflecting our commitment to delivering consistent value to our shareholders. Our strategic initiatives and unwavering focus on operational excellence have positioned us for sustained growth. We look forward to building on this success in the coming quarters." - Norman Tipton, CEO.

Trucept Inc. (DBA Afinida) continues to innovate and adapt to meet the evolving needs of its clients while driving sustainable growth and delivering shareholder value. It's portfolio of professional services includes: 

   -- Afinida Marketing - Data Driven Marketing, Technology, and Accessibility 
      Act compliance. 
 
   -- Afinida Insurance -Insurance Offerings and Third-party Administrator 
      (TPA) services 
 
   -- Afinida Payroll - Full-Service Payroll 
 
   -- Afinida HR - Human Resources and Management 
 
   -- Afinida Accounting -- Financial Accounting Services 
 
   -- Afinida Risk Management - Safety and Risk Management

About Trucept Inc.

Trucept Inc. is a renowned name in the business solutions sector, dedicated to helping companies focus on their core operations while it takes care of the peripheral business processes. With its extensive suite of services and a commitment to excellence, Trucept has been a trusted partner for countless businesses, aiding their growth and success.

View original content to download multimedia:https://www.prnewswire.com/news-releases/trucept-inc-dba-afinida-reports-substantial-increase-in-revenue-and-gross-profit-for-the-second-quarter-of-2024-302224681.html

SOURCE Trucept Inc.

/CONTACT: Kevin Brewer, kbrewer@afinidamkt.com

(END) Dow Jones Newswires

August 19, 2024 05:00 ET (09:00 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment