Trucept Announces 427% Increase In Operating Income

Rhea-AI Summary

Trucept Inc. (OTC Pink: TREP) announces a significant increase in operating and net income, along with a reduction in operating expenses for the 3 and 9 months ending September 30, 2023, compared to the prior year. CEO Norman Tipton attributes this success to the team's dedication and customer trust. Trucept's professional services now include Data Driven Marketing, Technology, Accessibility Act compliance, Insurance Offerings, Third-party Administrator (TPA) services, Full-Service Payroll, Human Resources, Employee Benefits Administration, Accounting Support, and Safety and Risk Management.

Positive

• Significant increase in operating and net income
• Reduction in operating expenses
• Diversification of professional services offered

Negative

• None.

SAN DIEGO, Nov. 15, 2023 /PRNewswire/ -- Trucept Inc. (OTC Pink: TREP) Trucept has increased operating Income by 160% and 427% for the 3 and 9 months ending September 30, 2023 as compared to the same periods the prior year. Trucept has also increased Net Income by 130% and 154% for the 3 and 9 months ending September 30, 2023 as compared to the same periods in the prior year. Trucept reduced Operating Expenses by 36% and 22% for the 3 and 9 months ending September 30, 2023 as compared to the same periods the prior year.

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, offers professional services that help businesses navigate growth. The company's professional services now encompass the following:

• 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

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SOURCE Trucept Inc.

FAQ

What are Trucept's professional services?

Trucept's professional services include Data Driven Marketing, Technology, Accessibility Act compliance, Insurance Offerings, Third-party Administrator (TPA) services, Full-Service Payroll, Human Resources, Employee Benefits Administration, Accounting Support, and Safety and Risk Management.

What contributed to Trucept's financial success?

Trucept attributes its financial success to the dedication of its team and the trust of its customers.

What are the key financial achievements of Trucept?

Trucept achieved a significant increase in operating and net income, along with a reduction in operating expenses for the 3 and 9 months ending September 30, 2023, compared to the prior year.