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Stock impact report

Where Food Comes From, Inc. Reports 2024 Third Quarter and Nine-Month Financial Results

Where Food Comes From, Inc. (WFCF) 
Company Research Source: GlobeNewswire
Third Quarter Highlights – 2024 vs. 2023 Verification and certification revenue up 2% to $5.5 million from $5.4 millionProduct sales up 9% to $1.3 million from $1.2 millionTotal revenue up 1% to $7.1 million from $7.0 millionNet income down 32% to $492,000 from $723,000Diluted EPS of $0.09 vs. $0.13Adjusted EBITDA of $0.8 million vs. $1.2 millionCompany buys back 66,620 shares of stock in third quarter Nine Month Highlights – 2024 vs. 2023 Verification and certification revenue up 9% to $15.2 million from $13.9 millionProduct sales decline 8% to $2.9 million from $3.1 millionTotal revenue up 4% to $19.1 million from $18.4 millionNet income decreases 16% to $1.2 million from $1.4 millionDiluted EPS of $0.21 vs. $0.24Adjusted EBITDA of $2.1 million vs. $2.5 millionCash generated from operations increased 6% to $2.8 million from $2.6 millionCash & cash equivalents increase to $2.8 million vs. $2.6 million at 2023 year-endYear-to-date stock buybacks and private repurchases total 216,03 Show less Read more
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