Overview

* Where Food Comes From ( WFCF ) Q2 revenue rises 3% yr/yr to $6.6 mln

* Net income for Q2 up 15% yr/yr, aided by digital asset gain

* Co sells Progressive Beef interest, enhancing financial flexibility

Outlook

* Company expects CARE Certified beef in 110 retail locations by year-end

* Company plans to expand retail labeling program in 2026

* Company sold interest in Progressive Beef to boost financial flexibility

Result Drivers

* VERIFICATION SERVICES - Increased demand for CARE Certified and UpCycled programs drove revenue growth despite smaller cattle herd sizes

* HARDWARE SALES - Growth in hardware sales attributed to customer preferences for value-add tags

* COMPENSATION EXPENSES - Competitive labor market and increased hardware costs negatively impacted gross margins

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $6.60

Revenue mln

Q2 EPS $0.11

Q2 Gross $2.50

Profit mln

Press Release:

(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.)