CynergisTek Reports Fourth Quarter and Full Year 2018 Financial Results

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Cleantech Innovations, Inc. (CTEK) Tops Q4 EPS by 17c, Revenues Miss

March 27, 2019 4:36 PM EDT

Cleantech Innovations, Inc. (NYSE: CTEK) reported Q4 EPS of $0.33, $0.17 better than the analyst estimate of $0.16. Revenue for the quarter came in at $18.57 million versus the consensus estimate of $19.01 million.

Revenues for the fourth quarter were $18.6 million, compared to $18.7 million for the same period of 2017. Revenues for the full year were $71.1 million compared to $71.6 million for the same period of 2017.GAAP net income for the fourth quarter was $1.3 million, or $0.14 per basic and $0.13 per diluted share compared to a net loss of $(1.6) million, or $(0.17) per basic and diluted share... More