Press Release: Trucept, Inc. DBA Afinida Reports Strong Q3 2024 Financial Results, Marking Sustained Growth and Profitability

Dow Jones11-19

Trucept, Inc. DBA Afinida Reports Strong Q3 2024 Financial Results, Marking Sustained Growth and Profitability

PR Newswire

ESCONDIDO, Calif., Nov. 19, 2024

ESCONDIDO, Calif., Nov. 19, 2024 /PRNewswire/ -- Trucept, Inc. (OTC Pink: TREP) DBA Afinida is pleased to announce its Q3 2024 financial results, showcasing robust growth across key metrics compared to the same period last year. The company's continued focus on operational efficiency and client satisfaction has resulted in another profitable quarter, setting the stage for a strong close to the year.

Q3 2024 Financial Highlights: 

   -- $1,524,541 or 33% increase in Net Revenues for Q3 2024 vs. Q3 2023 
 
   -- $1,006,660 or 34% increase in Gross Profit for Q3 2024 vs. Q3 2023 
 
   -- $3,658,912 or 27% increase in Year-to-Date (YTD) Net Revenues compared to 
      2023 
 
   -- 6% increase in YTD Net Income compared to 2023

"We are proud to release the Q3 2024 financial results for Trucept, Inc. and to announce to our shareholders that we have achieved another profitable quarter," said Brendan McMenamy, CFO. "The third quarter is always difficult, operationally speaking, considering year-end is looming in the distance -- I am very pleased with our sustained growth, and our teams are pushing for a successful Q4 to close the year out strong!"

Trucept, Inc. continues to leverage its diverse portfolio of business solutions to drive growth and shareholder value, while its dedicated team ensures sustained excellence in service delivery and operational performance.

Stay informed with the latest updates from Trucept, Inc. Read our full report and explore more company news at https://trucept.com/investors/#reports

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 Accounting -- Financial Accounting Services 
 
   -- Afinida HR - Human Resources and Management 
 
   -- Afinida Insurance -Insurance Offerings and Third-party Administrator 
      (TPA) services 
 
   -- Afinida Marketing -- Full-Service Marketing Agency 
 
   -- Afinida Payroll - Full-Service Payroll 
 
   -- Afinida Risk Management - Safety and Risk Management

About Trucept Inc.

Trucept Inc. (DBA Afinida) 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.

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SOURCE Trucept Inc.

/CONTACT: Media Contact: Norman Tipton, CEO, Trucept, Inc. (DBA Afinida), Phone: 858-381-0737, Email: info@trucept.com, Website: https://trucept.com

(END) Dow Jones Newswires

November 19, 2024 09:00 ET (14:00 GMT)

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