CTEK earnings
CynergisTek Inc. (CTEK) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- CynergisTek Files First Quarter 2022 Financial ResultsCynergisTek, Inc. (NYSE:CTEK) (the "Company" or "CynergisTek"), a leader in cybersecurity, privacy, and compliance, today announced financial results for the three months ended March 31, 2022. First Quarter Summary of Financial Results for Q1 2022 compared to Q1 2021: Revenue increases 12% to $4.7 million compared to $4.2 million. Gross margin improves to 40% compared to 38%, after adjusting Q1 2021 for the employee retention credits. Net loss was unchanged at $0.9 million. Adjusted EBITDA loss was unchanged at $0.6 million. First Quarter 2022 Operational Highlights 22% increase in sequential revenue growth since Q3 2021 through Q1 2022. 32% increase in professional services
- CynergisTek Will Host Conference Call on Monday, May 16, 2022, to Discuss First-Quarter 2022 Financial ResultsCynergisTek (NYSE:CTEK), leading cybersecurity, privacy, compliance, and IT audit firm helping organizations in highly regulated industries navigate emerging security and privacy issues, today announced that management will host a conference call at 4:30 p.m. Eastern Time on Monday, May 16, 2022, to discuss first-quarter 2022 financial results. The results will be released prior to the call. Date: Monday, May 16, 2022 Time: 4:30 p.m. ET / 1:30 p.m. PT U.S.: 1-888-394-8218 International: 1-786-789-4776 Conference ID: 8001259 Webcast: https://event.choruscall.com/mediaframe/webcast.html?webcastid=W6CXE7Cj A replay of the call will be available from 7:30 p.m. ET on May 16, 2022 to 11:59 p.m.
- CynergisTek Reports Fourth Quarter and Full Year 2021 Financial ResultsCynergisTek, Inc. (NYSE:CTEK) (the "Company" or "CynergisTek"), a leader in cybersecurity, privacy, and compliance, today announced financial results for the three and twelve months ended December 31, 2021. Q4 and Full Year 2021 Operational Highlights 16% sequential revenue growth and 4% improvement to gross margins from Q3 to Q4 2021. 23% increase in bookings in the second half of the year when compared to the first. 15% increase of presold revenue to $20.0 million from Q1 to Q4 2021. 43 new customers added during the year. "Our focus in the second half of the year was on sales and operational improvements that would drive growth," said Mac McMillan, President and CEO of Cynergi
- CynergisTek Will Host Conference Call on Thursday, March 24, 2022, To Discuss Fourth-Quarter and Full-Year 2021 Financial ResultsCynergisTek (NYSE:CTEK), leading cybersecurity, privacy, compliance, and IT audit firm helping organizations in highly regulated industries navigate emerging security and privacy issues, today announced that management will host a conference call at 4:30 pm Eastern Time on Thursday, March 24, 2022, to discuss fourth-quarter and full-year 2021 financial results. The results will be released prior to the call. Date: Thursday, March 24, 2022 Time: 4:30 pm ET / 1:30 pm PT U.S.: 1-888-256-1007 International: 1-786-789-4783 Conference ID: 1507111 Webcast: https://themediaframe.com/mediaframe/webcast.html?webcastid=E6g5IJjw A replay of the call will be available from 7:30 PM ET on March 24, 202
- CynergisTek Reports Third Quarter 2021 Financial ResultsCynergisTek, Inc. (NYSE:CTEK) (the "Company" or "CynergisTek"), a leader in cybersecurity, privacy, and compliance, today announced financial results for the three and nine months ended September 30, 2021. Q3 2021 Operational Highlights Bookings for the quarter up 16% from prior year and 24% year to date. 17 new customers added during the quarter. After a Q3 raise of $1.4 million Company suspended and is in the process of terminating the ATM equity distribution agreement in light of progress with recent post-pandemic growth initiatives. "It has been a busy few months since my return with the roll out of our Resilience Partner Program that added six new multiyear clients, including
- CynergisTek Will Host Conference Call on Thursday, November 11, 2021, to Discuss Third-Quarter 2021 Financial ResultsCynergisTek, Inc. (NYSE:CTEK), a leader in healthcare cybersecurity, privacy, and compliance, today announced that management will host a conference call on Thursday, November 11, 2021 at 4:30 pm Eastern Time to discuss third-quarter 2021 financial results. The results will be released prior to the call. Date: Thursday November 11, 2021 Time: 4:30 pm ET / 1:30 pm PT U.S.: 1-866-269-4260 International: 786-204-3977 Conference ID: 8966580 Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1510488&tp_key=2205529a4d A replay of the call will be available from Thursday November 11, 2021, 7:30 PM ET to Thursday November 18, 2021, 11:59 PM ET. To access the replay, please dial 1-844-512-2921
- CynergisTek Reports Improved Second Quarter 2021 Financial ResultsCynergisTek, Inc. (NYSE: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. CynergisTek's 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 over year to $0.1 million ($0.00 per share) from $2.5 million ($0.23