Where Food Comes From (NASDAQ:WFCF) Posts Quarterly Earnings Results

Key Points

• Where Food Comes From (NASDAQ:WFCF) reported earnings of $0.11 per share and revenue of $6.56 million for the latest quarter.
• The company has a return on equity of 18.37% and a net margin of 7.99%, indicating its profitability and efficiency in generating returns for shareholders.
• WFCF's stock traded up 1.5%, reaching $11.33, with a market cap of $59.26 million and a price-to-earnings ratio of 29.05.

Where Food Comes From (NASDAQ:WFCF - Get Free Report) issued its earnings results on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $6.56 million for the quarter. Where Food Comes From had a return on equity of 18.37% and a net margin of 7.99%.

Where Food Comes From Trading Up 1.5%

WFCF traded up $0.17 on Friday, hitting $11.33. 1,082 shares of the company's stock traded hands, compared to its average volume of 2,594. The company's 50 day simple moving average is $10.94 and its 200-day simple moving average is $11.22. The firm has a market cap of $59.26 million, a price-to-earnings ratio of 29.05 and a beta of 0.63. Where Food Comes From has a one year low of $9.26 and a one year high of $13.50.

About Where Food Comes From

Where Food Comes From, Inc, together with its subsidiaries, operates as a third-party food verification company in North America. The company operates through Verification and Certification, and Professional Services segments. It conducts on-site and desk audits to verify that claims being made about livestock, food, other specialty crops, and agricultural and aquaculture products are accurate, as well as offers Where Food Comes From Source Verified retail and restaurant labeling program, which connects consumers directly to the source of the food they purchase through product labeling, and web-based information sharing and education.

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