CynergisTek, Inc. (AMEX:CTEK) a leader in healthcare cybersecurity, is reporting third quarter earnings results on Thursday 12th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.14 per share.
For the full year, analysts predict revenues of $ 19.39 million, while looking forward to loss of $ 0.68 per share.
Previous Quarter Performance
CynergisTek, Inc. reported loss for the second quarter of $ 0.23 per share, from the revenue of $ 4.56 million. The quarterly revenues decreased 4.40 percent compared with the same quarter last year. Wall street analysts are predicting, CTEK to report 2Q20 loss of $ 0.10 per share from revenue of $ 5.24 million. The bottom line results missed street analysts by $ 0.13 or 130 percent, at the same time, top line results fell short of analysts by $ 0.68 million or 12.98 percent.
Stock Performance
Shares of CynergisTek, Inc. traded low $ -0.06 or -4.05 percent on Wednesday, reaching $ 1.42 with volume of 29.00 thousand shares. CynergisTek, Inc. has traded high as $ 1.48 and has cracked $ 1.39 on the downward trend
The closing price of $ 1.42, representing a 54.17 % increase from the 52 week low of $ 0.96 and a 63.37 % decrease over the 52 week high of $ 4.04.
The company has a market capital of $ 15.05 million and is part of the Industrials sector and Business Services industry.
CynergisTek, Inc. provides IT consulting data security, and managed print services primarily to the healthcare industry in the United States. The company offers Incident Response, Vendor Security Management, and Patient Privacy Monitoring Service, as well as Compliance Assist Partner Program.
