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TRAK Repositrak News Story

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TechnologyBalancedSmall CapFalling Star

Repositrak's Q2 revenue rises 7%, EPS up 13%

Overview

Food traceability network's fiscal Q2 revenue rose 7% yr/yr to $5.9 mln

EPS for fiscal Q2 increased 13% to $0.09 per share

Company repurchased 79,927 common shares for $1.1 mln

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

TRACEABILITY DEMAND - Increased demand for traceability solutions among smaller ingredient providers drove revenue growth

TOUCHLESS TRACEABILITY - Development of Touchless Traceability technology expected to enhance efficiency and competitive advantage

OPERATING EXPENSES - Reduced operating expenses contributed to higher operating income

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$5.90 mln$5.77 mln (1 Analyst)
Q2 EPSMeet$0.09$0.09 (1 Analyst)
Q2 Net Income$1.60 mln
Q2 Dividend$0.02
Q2 Operating Expenses$4 mln
Q2 Operating Income$1.80 mln
Analyst Coverage The one available analyst rating on the shares is "buy" The average consensus recommendation for the software peer group is "buy" Wall Street's median 12-month price target for ReposiTrak Inc is $29.00, about 181.8% above its February 13 closing price of $10.29 The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 33 three months ago Press Release: ID:nBw76HWZma For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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