MARKET COMPOSITE
SSNT - SilverSun Technologies Inc8:00:00 PM 4/19/2024
Price
$13.17
-0.63 (-4.57%)
SilverSun Technologies, Inc. operates as a business application, technology, and consulting company. The company resells enterprise resource planning software for the financial accounting requirements, as well as offers training, technical support, and professional services. It also resells warehouse management system software, which controls the movement and storage of materials; and customer relationship management, human capital management, and business intelligence products. In addition, the company provides managed, cybersecurity, business continuity, disaster recovery, data back-up, network maintenance and service upgrades, and application hosting services. It serves small and medium-sized businesses that sell services and products to various end users, manufacturers, wholesalers, and distributors in the United States. The company was formerly known as Trey Resources, Inc. and changed its name to SilverSun Technologies, Inc. in June 2011. SilverSun Technologies, Inc. was founded in 1988 and is headquartered in East Hanover, New Jersey.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue14.7MM+10%
Gross Profit5.7MM+7%
Cost Of Revenue9MM+11%
Operating Income421K-2%
Operating Expenses5.3MM+8%
Net Income419.2K-120%
G&A2.8MM+11%
Marketing2.3MM+3%
Amortization185.6K+15%
Interest Expense13.3K+74%
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