Where Food Comes From, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 05, 2021 at 03:07 pm
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Where Food Comes From, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 5.141 million compared to USD 4.416 million a year ago. Operating income was USD 282,000 compared to USD 469,000 a year ago. Net income was USD 202,000 compared to USD 351,000 a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.06 a year ago. For the half year, total revenue was USD 9.581 million compared to USD 8.328 million a year ago. Operating income was USD 371,000 compared to USD 115,000 a year ago. Net income was USD 1.352 million compared to USD 110,000 a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.02 a year ago.
Where Food Comes From, Inc. provides a trusted resource for third-party verification of food production practices in North America. The Company supports approximately 17,500 farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands, chefs and restaurants with a variety of value-added services. The Companyâs segments include Verification and Certification and Professional Services. The Verification and Certification Segment offer a range of products and services to maintain identification, traceability, and verification systems. It conducts both on-site and desk audits to verify that claims being made about livestock, food, other high-value specialty crops and agricultural products are accurate. The Professional services include a range of professional consulting, data analysis, reporting and technology solutions that support its verification business and generate incremental revenue specific to the food and agricultural industry.
WHERE FOOD COMES FROM, INC. 
