Park City Group (PCYG) Tops Q3 EPS by 1c
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Park City Group Increases Net Income 53%, and Earnings Per Share 60%, for the Third Fiscal Quarter of 2023
May 15, 2023 4:06 PM EDTSALT LAKE CITY--(BUSINESS WIRE)-- Park City Group, Inc. (NASDAQ: PCYG), parent company of ReposiTrak, the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced financial results for the third quarter of fiscal 2023 and year-to-date for the period ended March 31, 2023.
Third Quarter Financial Highlights:
Third quarter total revenue increased 6% to $4.8 million from $4.6 million. Recurring revenue increased 6% for the quarter and represented 99.7% of total revenue. Total quarterly operating expense decreased 2% to $3.3 million from $3.4... More