CynergisTek (NYSEAMERICAN:CTEK) Releases Earnings Results, Beats Expectations By $0.02 EPS
CynergisTek (NYSEAMERICAN:CTEK) announced its earnings results on Tuesday. The company reported ($0.05) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.02, Morningstar.com reports. The business had revenue of $5.06 million for the quarter, compared to the consensus estimate of $5.80 million.
Shares of CTEK stock traded down $0.37 during mid-day trading on Wednesday, reaching $3.32. 2,620 shares of the company’s stock traded hands, compared to its average volume of 24,143. CynergisTek has a 12 month low of $3.23 and a 12 month high of $5.00.
Separately, Zacks Investment Research upgraded shares of CynergisTek from a “sell” rating to a “hold” rating in a report on Tuesday, June 4th.
Cynergistek, Inc provides outsourced document solutions, IT consulting data security, and managed print services primarily to the healthcare industry in the United States. The company offers Incident Response, Vendor Security Management, and Patient Privacy Monitoring Service, as well as Compliance Assist Partner Program.
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