SSNT - Dividend announcements

GREENWICH, CT and EAST HANOVER, NJ / ACCESSWIRE / May 30, 2024 / Jacobs Private Equity II, LLC ("JPE"), which is led by Brad Jacobs, and SilverSun Technologies, Inc. (NASDAQ:SSNT) ("SilverSun" or the "Company") today announced that SilverSun stockholders voted to approve the transactions contemplated by the previously announced amended and restated investment agreement (as amended from time to time, the "Investment Agreement") among SilverSun, JPE and certain minority co-investors, and other related proposals. Pursuant to the Investment Agreement, JPE and the minority co-investors will invest $1 billion in cash into SilverSun.Based on a preliminary tabulation of the stockholder vote, approxi

EAST HANOVER, NJ / ACCESSWIRE / March 14, 2024 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced its financial and operating results for the fiscal year ended December 31, 2023.Fiscal 2023 Financial HighlightsTotal revenue was $54,516,941, compared with $44,985,276 in 2021, an increase of 21.2%.Gross profit was $21,613,809, compared with $17,960,736 in 2021, an increase of 20.3%.Earnings before interest, taxes, depreciation, and amortization (EBITDA) plus share-based compensation, were $2,716,154, compared with earnings before interest, taxes, depreciation and amortization plus share-based compens

Jacobs to Become Chairman and Chief Executive OfficerCompany to Become Platform for Jacobs' New Venture after Spinning Off Existing SilverSun BusinessGREENWICH, CT and EAST HANOVER, NJ / ACCESSWIRE / December 4, 2023 / SilverSun Technologies, Inc. (NASDAQ:SSNT) ("SilverSun" or the "Company") and Jacobs Private Equity II, LLC ("JPE"), which is led by Brad Jacobs, today announced that they and minority co-investors have entered into an investment agreement (the "Investment Agreement"), pursuant to which JPE and the minority co-investors will invest $1 billion in cash into SilverSun. The proposed equity investment is comprised of $900 million by JPE and $100 million by co-investors, including S

Company Declares a $0.20 Per Share Special DividendEAST HANOVER, NJ / ACCESSWIRE / August 8, 2023 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced its second quarter results for the three and six months ended June 30, 2023.Financial Highlights for Three Months Ended June 30, 2023 As Compared to Three Months Ended June 30, 2022:Total revenue was $13,257,271, compared with $10,638,073, an increase of 24.6%.Software revenues were $3,298,020, compared with $2,782,081, an increase of 18.5%.Service revenues totaled $9,959,251, compared with $7,855,992, an increase of 26.8%.Earnings before taxes, intere

EAST HANOVER, NJ / ACCESSWIRE / June 22, 2021 / SilverSun Technologies, Inc. (NASDAQ:SSNT), a national provider of transformational business technology solutions and services, today announced that its Board of Directors has declared a special cash dividend on the Company's common stock of $0.60 per share. The record date will be July 9, 2021, and the payment date will be July 16, 2021."As we continue to successfully execute on our business plan, we believe this special cash dividend is an appropriate way to reward our shareholders for their support," commented Mark Meller, Chairman and Chief Executive Officer of the Company. "We are fortunate to be able to share the financial success of the