CynergisTek Reports Second Quarter 2019 Financial Results
CynergisTek, Inc. (CTEK)
Last cynergistek, inc. earnings: 11/11 07:00 am
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Source: Business Wire
Firm Continues to Expand Managed Services Contracts and Positions Itself for Future Growth AUSTIN, Texas--(BUSINESS WIRE)--CynergisTek, Inc. (NYSE AMERICAN: CTEK), a leader in healthcare cybersecurity, privacy, and compliance, today announced financial results for the second quarter ended June 30, 2019.Financial Highlights for the Second Quarter 2019 Include: Financials represent business from continuing operations. Discontinued operations have been isolated.Revenues from continuing operations for the second quarter were $5.1 million, an increase of 17%, compared to $4.3 million for the same period of 2018.Managed services revenue, from continuing operations, was $2.8 million an increase of 13%, compared to $2.5 million for the same period of 2018.Professional and Consulting services revenues, from continuing operations, were $2.2 million an increase of 23%, compared to $1.8 million for the same period of 2018.Non-GAAP adjusted EBITDA loss from continuing operations, after adding b
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