Park City Group Q1 Revenue $5.1M Up From $4.7M YoY, EPS $0.07 Up From $0.06 YoY
Benzinga Newsdesk 2 years ago
EarningsNews
First Fiscal Quarter Financial Results (three months ended September 30, 2023, vs. three months ended September 30, 2022):Total revenue was up 7% to $5.06 million as compared to $4.72 million in the prior-year first
First Fiscal Quarter Financial Results (three months ended September 30, 2023, vs. three months ended September 30, 2022):
Total revenue was up 7% to $5.06 million as compared to $4.72 million in the prior-year first quarter. Total operating expense was $3.86 million, up 11% compared to $3.49 million last year, reflecting a 25% increase in sales and marketing expense related to building awareness for Traceability and other growth initiatives. General and administrative expense increased by 5%. GAAP net income was $1.38 million compared to $1.29 million. Net income to common shareholders was $1.23 million, or $0.07 per diluted share, compared to $1.14 million, or $0.06 per diluted share.