SAN DIEGO, CA – March 27th, 2023 – Trucept Inc. (OTC Pink: TREP) today released its First Quarter Financials. Trucept posted an impressive 381% increase in Operating Income, with Net Income recording a 94% increase versus the same period last year (Q1 2022). The company also reported that Operating Expenses were down by 5%, while total revenue declined 8.7%, attributed to normal cyclical variations in the existing customer base.
CEO Norman Tipton commented: “Our team’s hard work and determination have paid off tremendously. We remain focused on sustainable growth and delivering exceptional results for our shareholders, clients, and employees. The reduction in operating expenses and the substantial increase in net income affirm our ability to adapt, innovate, and thrive in a dynamic business environment. Our core business and subsidiaries continue to grow despite challenges in the overall economy.”
Trucept’s Professional Services
Trucept offers professional services that help businesses navigate growth. These services include:
- Data Driven Marketing, Technology, and Accessibility Act compliance Services
- Insurance Offerings and Third-party Administrator (TPA) services
- Full-Service Payroll
- Human Resources and Management
- Employee Benefits Administration
- Accounting Support
- Safety and Risk Management
For additional information, visit www.trucept.com

