CynergisTek Reports Fourth Quarter and Full-Year 2020 Financial Results
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CynergisTek (CTEK) Misses Q4 EPS by $1.04, Revenues Beat
March 25, 2021 4:05 PM EDTCynergisTek (NYSE: CTEK) reported Q4 EPS of ($1.18), $1.04 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $4.7 million versus the consensus estimate of $4.47 million.
Recent Operational Highlights
Increased year-end presold revenue by 10% to $17.2 million when compared to Q3 2020.Q4 gross margins improved to 37%, a 200 bps improvement over Q3 2020.Diversification... More