CynergisTek (CTEK) Tops Q1 EPS by 6c
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CynergisTek Reports Improved First Quarter 2021 Financial Results
May 13, 2021 4:10 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- CynergisTek, Inc. (NYSE AMERICAN: CTEK), a leader in cybersecurity, privacy, and compliance, today announced financial results for the three months ended March 31, 2021.
Recent Operational Highlights
Recently announced a $1.4 million renewal and expansion of services at a large regional hospital system. Recently announced the first CMMC project with Pacific Medical Centers. Gross margin improved to 39% from cost reduction initiatives, excluding the benefit of the Employee Retention Credit. Net loss improved year over year to $0.9 million ($0.08 per share) from $1.9 million ($0.18 per... More