CynergisTek (CTEK) Tops Q2 EPS by 9c
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CynergisTek Reports Improved Second Quarter 2021 Financial Results
August 16, 2021 4:05 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- CynergisTek, Inc. (NYSE AMERICAN: CTEK), a leader in cybersecurity, privacy, and compliance, today announced financial results for the three and six months ended June 30, 2021.
Q2 2021 Operational Highlights
First Authorized Certified Third-Party Assessor Organization approved to provide CMMC assessments. CynergisTek also recently certified as a Licensed Training Provider. CynergisTeks revenue pipeline strengthened with bookings increasing 70% over prior year and 24% sequentially Gross margin improved to 33% from cost reduction initiatives (46% including benefit of the Employee Retention Tax Credit). Net loss improved year... More