CynergisTek (NYSEAMERICAN:CTEK) Announces Quarterly Earnings Results

CynergisTek (NYSEAMERICAN:CTEK) posted its earnings results on Tuesday. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.02, Morningstar.com reports. The firm had revenue of $5.06 million during the quarter, compared to analyst estimates of $5.80 million.

Shares of CTEK stock opened at $2.87 on Friday. CynergisTek has a one year low of $2.78 and a one year high of $5.00.

Several hedge funds have recently modified their holdings of CTEK. Morgan Stanley lifted its holdings in shares of CynergisTek by 208.0% in the 2nd quarter. Morgan Stanley now owns 5,135 shares of the company’s stock worth $25,000 after acquiring an additional 3,468 shares during the last quarter. Perkins Capital Management Inc. acquired a new position in shares of CynergisTek in the 1st quarter worth approximately $124,000. BlackRock Inc. lifted its holdings in shares of CynergisTek by 21.0% in the 2nd quarter. BlackRock Inc. now owns 27,501 shares of the company’s stock worth $133,000 after acquiring an additional 4,771 shares during the last quarter. Seizert Capital Partners LLC acquired a new position in shares of CynergisTek in the 2nd quarter worth approximately $340,000. Finally, Globeflex Capital L P lifted its holdings in shares of CynergisTek by 18.5% in the 1st quarter. Globeflex Capital L P now owns 83,282 shares of the company’s stock worth $414,000 after acquiring an additional 12,982 shares during the last quarter.

Separately, Zacks Investment Research upgraded shares of CynergisTek from a “sell” rating to a “hold” rating in a report on Tuesday, June 4th.

CynergisTek Company Profile

Cynergistek, Inc provides outsourced document solutions, 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.

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Earnings History for CynergisTek (NYSEAMERICAN:CTEK)

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