Where Food Comes From, Inc. (WFCF) Misses Q2 EPS by 5c
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Where Food Comes From, Inc. Reports 2022 Second Quarter and Six-Month Financial Results
August 11, 2022 8:30 AM EDTSecond Quarter Highlights 2022 vs. 2021
Revenue increased 4% to $5.3 million from $5.1 millionNet income increased 10% to $222,000 from $202,000Diluted EPS increased to $0.04 from $0.03Adjusted EBITDA increased 7% to $570,000 from $535,000Company buys back 60,500 shares in quarterSix Month Highlights 2022 vs. 2021
Revenue increased 20% to $11.5 million from $9.6 millionNet income of $0.7 vs. $1.4 million in year-ago six-month period when Company booked $1.0 million in PPP loan forgiveness in other incomeDiluted EPS of $0.12 vs. $0.22Adjusted EBITDA increased 66% to $1.5... More