Trucept Announces 427% Increase In Operating Income

Trucept Announces 427% Increase In Operating Income

PUBLISHED: November 15, 2023

Nov 15, 2023 | Investors, Press Releases

SAN DIEGO, CA – November 14th, 2023 – Trucept Inc. (OTC Pink: TREP) has increased operating income by 160% and 427% for the 3 and 9 months ending September 30, 2023, compared to the same periods in the prior year. Net income also rose by 130% and 154% respectively. Additionally, the company reduced operating expenses by 36% and 22% over the same time frames.

CEO Norman Tipton commented: “We are incredibly grateful for our dedicated team’s unwavering commitment and our valued customers’ trust, which have led to our outstanding quarterly financial results. This achievement is a testament to our collective efforts and resilience. We remain focused on delivering innovative solutions, exceptional service, and sustainable growth as we move forward. Thank you all for being a vital part of our success story.”

Trucept’s Professional Services

Trucept offers professional services that help businesses navigate growth. The company’s services now 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

Media Contact: Kevin Brewer – kbrewer@trucept.com

Go to the Reports Section for the full report.

About Afinida Inc.

Afinida, Inc. (OTC ID: TREP), helps organizations focus on growth. With a dedicated suite of powerful tools and services designed to keep owners in charge of running their businesses, Afinida manages the necessary administrative needs of its clients while streamlining operational processes and delivering a host of high-touch business solutions.

The company offers expert services in the form of payroll, human resources and people management, accounting support, safety and risk management, marketing, and business insurance services.

For more information, please visit www.afinida.com and follow us on LinkedIn, and Facebook.

Disclaimer

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations regarding these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.

Other Note Worthy News