Cleantech Innovations, Inc. (CTEK) Misses Q1 EPS by 3c, Miss on Revenues

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CynergisTek Reports First Quarter 2018 Financial Results

May 14, 2018 8:00 AM EDT

Company Assists Leading Healthcare Organizations in Building Cybersecurity and Privacy Programs

MISSION VIEJO, Calif.--(BUSINESS WIRE)-- CynergisTek, Inc. (NYSE AMERICAN: CTEK), a leader in healthcare cybersecurity and information management, today announced financial results for the first quarter that ended March 31, 2018.

Financial highlights for the first quarter 2018 include:

Revenues for the first quarter were $16.4 million, a decrease of 10 percent from $18.3 million in the first quarter of 2017. Gross margins for the first quarter 2018 were 25 percent compared to 25 percent for the same period in 2017.... More