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Where Food Comes From (WFCF) Reports Solid Q2 Earnings
ZACKS· 2024-08-09 17:40
Where Food Comes From Inc. (WFCF) reported mixed financial performance in second-quarter 2024. The company managed to increase its revenues despite challenging market conditions, driven by its diversified services portfolio. However, inflationary effects and cyclical herd contraction in the beef sector presented significant headwinds. CEO John Saunders emphasized the company's strategic focus on diversification and new initiatives. The Upcycled Food Certification initiative emerged as one of the fastest-gro ...
Where Food es From(WFCF) - 2024 Q2 - Quarterly Report
2024-08-08 19:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly period ended June 30, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File No. 001-40314 WHERE FOOD COMES FROM, INC. (exact name of registrant as specified in its charter) Colorado 43-1802805 (State or other jurisd ...
Where Food Comes From, Inc. Reports 2024 Second Quarter and Six-Month Financial Results
Newsfilter· 2024-08-08 12:00
Second Quarter Highlights – 2024 vs. 2023 Verification and certification revenue up 10% to $5.3 million from $4.8 million Product sales decline 13% to $0.8 million from $0.9 million Total revenue up 4% to $6.4 million from $6.1 million Net income down 8% to $489,000 from $532,000 Diluted EPS flat at $0.09 Adjusted EBITDA of $844,000 vs. $917,000 Company buys back 33,347 shares of stock in second quarter Six Month Highlights – 2024 vs. 2023 Verification and certification revenue up 13% to $9.7 million from $ ...
Where Food Comes From, Inc. Schedules 2024 Second Quarter Earnings Call
Newsfilter· 2024-08-06 12:00
CASTLE ROCK, Colo, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2024 second quarter financial results before the market opens on Thursday, August 8, 2024, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern). Dial-in numbers for the conference call: Domestic Toll Free: 1-877-407-82 ...
Where Food Comes From, Inc. Schedules 2024 Second Quarter Earnings Call
GlobeNewswire News Room· 2024-08-06 12:00
CASTLE ROCK, Colo, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced it will release its 2024 second quarter financial results before the market opens on Thursday, August 8, 2024, and conduct a conference call the same day at 10:00 a.m. Mountain Time (12:00 p.m. Eastern). Dial-in numbers for the conference call: Domestic Toll Free: 1-877-407-82 ...
Where Food es From(WFCF) - 2024 Q1 - Earnings Call Transcript
2024-05-04 13:47
Where Food Comes From (NASDAQ:WFCF) Q1 2024 Earnings Conference Call May 2, 2024 12:00 PM ET Corporate Participants Jay Pfeiffer - Director, Investor Relations John Saunders - Chief Executive Officer Conference Call Participants Operator Greetings and welcome to the Where Food Comes From First Quarter Earnings Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being ...
Where Food es From(WFCF) - 2024 Q1 - Quarterly Results
2024-05-02 20:36
Exhibit 99.1 Where Food Comes From, Inc. Reports 2024 First Quarter Financial Results First Quarter Highlights – 2024 vs. 2023 CASTLE ROCK, Colo., May 02, 2024 (GLOBE NEWSWIRE) — Where Food Comes From, Inc. (WFCF) (Nasdaq: WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, today announced financial results for its first quarter ended March 31, 2024. Operating income was 68% higher at $261,000 vs. $155,000. Net income increased 47% to $17 ...
Where Food es From(WFCF) - 2024 Q1 - Quarterly Report
2024-05-02 16:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Commission File No. 001-40314 WHERE FOOD COMES FROM, INC. (exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Colorado 43-1802805 (I.R.S. Employer Identification No.) 202 6 Street, Suite 400 Castle Rock, CO 80104 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (303) 895-3002 Indicate by check mark ...
Where Food Comes From (WFCF) 2023 Year-End Earnings Call Transcript
2024-02-15 18:39
Where Food Comes From (NASDAQ:WFCF) 2023 Year-End Earnings Conference Call February 15, 2024 12:00 PM ET Company Participants Jay Pfeiffer – Director, Investor Relations John Saunders – Chief Executive Officer Conference Call Participants Raphi Savitz – RYS Advisors Jay Pfeiffer Good morning, and welcome to the Where Food Comes From 2023 Year-End Earnings Call. Joining me on the call today are CEO, John Saunders; President, Leann Saunders; and Chief Financial Officer, Dannette Henning. During this call, we' ...
Where Food es From(WFCF) - 2023 Q4 - Annual Report
2024-02-15 18:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File No. 001-40314 WHERE FOOD COMES FROM, INC. (Exact name of registrant as specified in its charter) (State of incorporation or organization) (I.R.S. Employer Identification No.) Colorado 43-1802805 202 6 Street, Suite 400 Castle Ro ...