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CynergisTek downgraded to Hold from Buy at Benchmark » 06:32
05/15/20
05/15
06:32
05/15/20
06:32
CTEK

CynergisTek

$2.05 /

+0.1 (+5.13%)

Benchmark analyst Bill…

Benchmark analyst Bill Sutherland downgraded CynergisTek to Hold from Buy.

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Over a quarter ago
Earnings
CynergisTek reports Q3 adj. EPS (4c), consensus (5c) » 07:09
11/11/19
11/11
07:09
11/11/19
07:09
CTEK

CynergisTek

$2.90 /

+ (+0.00%)

Reports Q3 revenue $4.8M,…

Reports Q3 revenue $4.8M, consensus $5.25M. "CynergisTek saw 15% growth year-over-year in its core managed service offerings and completed the acquisition of Backbone Consultants," said Caleb Barlow, President and CEO of CynergisTek. "Both of these accomplishments help CynergisTek maintain its market leading position; however, my focus in the coming month will be on the five strategic imperatives, building the team, and our go-to-market strategy to drive additional revenue growth."

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Hot Stocks
CynergisTek Inc trading resumes  10:25
11/01/19
11/01
10:25
11/01/19
10:25
CTEK

CynergisTek

$3.01 /

+0.01 (+0.33%)

 
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Hot Stocks
CynergisTek acquires Backbone Consultants for approx. $7M » 10:03
11/01/19
11/01
10:03
11/01/19
10:03
CTEK

CynergisTek

$3.00 /

+ (+0.00%)

CynergisTek announced…

CynergisTek announced that it has acquired Backbone Enterprises, Inc. DBA Backbone Consultants, an industry leader in IT risk advisory services. The acquisition expands CynergisTek's cybersecurity, privacy, and IT risk advisory services and is consistent with CynergisTek's strategic plan to grow managed services through targeted, accretive acquisitions. Backbone Consultants generated approximately $3.6M in revenues over the last 12 months of operations and CynergisTek believes the acquisition will be immediately accretive to its earnings. Backbone Consultants' leadership team is comprised of three former Big Four consulting leaders and 14 security, privacy, and IT audit experts. In addition, Backbone brings multi-year contracts with a diverse and growing customer base in both healthcare and non-healthcare, including two Fortune 1,000 EHR vendors and one of the largest medical device manufacturers in the market. Initial consideration of approximately $7M consists of $5.5M in cash and $1.5M in CynergisTek common stock. Additional earn-out consideration of up to $4M over three years could be triggered if Backbone Consultants meets specified financial criteria.

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Hot Stocks
CynergisTek Inc trading halted, news pending  09:55
11/01/19
11/01
09:55
11/01/19
09:55
CTEK

CynergisTek

$3.00 /

+ (+0.00%)

 
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Earnings
CynergisTek reports Q2 adjusted EPS (5c), consensus (5c) » 16:01
08/13/19
08/13
16:01
08/13/19
16:01
CTEK

CynergisTek

$3.69 /

+0.09 (+2.50%)

Reports Q2 revenue $5.1M,…

Reports Q2 revenue $5.1M, consensus $5.92M. "CynergisTek has just marked its tenth consecutive quarter of year-over-year revenue growth in security," said Mac McMillan, CEO Emeritus of CynergisTek. "The evolving security threat landscape and several new privacy regulations at the state level have been key factors contributing to the increased demand for our managed services. Like this quarter, we will continue to focus on expanding our newer managed services into our growing client base."

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Hot Stocks
CynergisTek appoints Caleb Barlow as CEO » 16:19
07/15/19
07/15
16:19
07/15/19
16:19
CTEK

CynergisTek

$4.83 /

-0.02 (-0.41%)

, IBM

IBM

$143.31 /

+0.62 (+0.43%)

CynergisTek announced the…

CynergisTek announced the appointment of Caleb Barlow to the positions of President and CEO, to succeed retiring founder and current President and CEO Mac McMillan effective August 1. McMillan will support Barlow in the execution of CynergisTek's strategy through the remainder of 2019 and will remain a member of the Board of Directors going forward. Barlow is a globally recognized security professional and recently served as Vice President of Threat Intelligence for IBM (IBM)Security where he built IBM's X-Force Incident Response and Intelligence Service. He brings years of experience building security teams and defining the best practices for organizations to maintain resiliency during a security breach. Barlow established the industry's first immersive cyber range, the first mobile cyber operations center and a comprehensive incident command system for responding to major cyber incidents.

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CTEK CynergisTek
$4.83 /

-0.02 (-0.41%)

IBM IBM
$143.31 /

+0.62 (+0.43%)

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Conference/Events
CynergisTek management to meet with Benchmark » 04:55
06/12/19
06/12
04:55
06/12/19
04:55
CTEK

CynergisTek

$4.74 /

-0.03 (-0.63%)

Meetings to be held in…

Meetings to be held in Chicago, IL on June 11 in Milwaukee, WI June 12 hosted by Benchmark.

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Conference/Events
CynergisTek management to meet with Benchmark » 04:55
06/11/19
06/11
04:55
06/11/19
04:55
CTEK

CynergisTek

$4.77 /

+0.04 (+0.85%)

Meetings to be held in…

Meetings to be held in Chicago, IL on June 11 in Milwaukee, WI June 12 hosted by Benchmark.

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Conference/Events
CynergisTek management to meet with Benchmark » 07:29
06/06/19
06/06
07:29
06/06/19
07:29
CTEK

CynergisTek

/

+

Meetings to be held in…

Meetings to be held in Chicago, IL on June 11 in Milwaukee, WI June 12 hosted by Benchmark.

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