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Giftify reports Q1 EPS (11c) vs (13c) last year

Reports Q1 revenue $22.3M vs $22.28M last year. Ketan Thakker, Chief Executive Officer of Giftify (GIFT), Inc., commented, “Our first quarter results demonstrate solid execution against our growth strategy, with revenue increasing and gross profit climbing. Most importantly, we’ve improved our gross margin to 16.1%, showing our ability to enhance profitability even in a challenging economic environment. Our focus on operational efficiency and strategic expansion into high-growth vertical markets is beginning to yield results.”

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