ReposiTrak reports Q2 EPS 9c vs. 8c last year

Reports Q2 revenue $5.9M, one estimate $5.76M. Randall K. Fields, Chairman and CEO of ReposiTrak (TRAK) commented, “Building upon our industry-leading ReposiTrak Traceability Network, the leading solution for automating the exchange of traceability data between trading partners, and leveraging more than two decades of expertise in the food safety industry, we have developed and filed for multiple patents on Touchless Traceability. This is an advanced solution, augmenting the RTN, which enables retailers, wholesalers and distributors to produce accurate, compliant Key Data Element records at scale while reducing operational costs. This patent protection for this unique innovation is expected to not only create a durable competitive advantage for data error correction and related processes, but also establish yet another moat around our business.”