SilverSun Technologies Posts Significant Losses with Latest Financials

Thursday, 15 August 2024, 15:55

SilverSun Technologies has reported a GAAP EPS of -$9.93 and a revenue of $14.54 million for the recent period. This substantial loss indicates ongoing challenges faced by the company as it navigates through a difficult financial landscape. Investors will need to assess the implications of these results and the company's strategies moving forward to regain profitability.
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SilverSun Technologies Posts Significant Losses with Latest Financials

Overview of SilverSun Technologies Financial Performance

SilverSun Technologies has reported significant financial results for the recent period. The company recorded a GAAP EPS of -$9.93, indicating a heavy net loss. In contrast, revenue reached $14.54 million, showcasing some level of operational activity but insufficient to offset the losses.

Key Financial Highlights

  • GAAP EPS: -$9.93
  • Revenue: $14.54M

This performance highlights the challenging environment in which SilverSun operates and underscores the need for a strategic reevaluation. Investors should stay informed on potential recovery strategies as the company works towards improving its financial standing.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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