SilverSun Technologies Reports 2019 Year End Results
SilverSun Technologies, Inc. (SSNT)
NASDAQ:AMEX Investor Relations:
ir.silversuntech.co
Company Research
Source: GlobeNewswire
EAST HANOVER, NJ, March 26, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- SilverSun Technologies, Inc. (NASDAQ: SSNT), a national provider of transformational business technology solutions and services, today announced its financial and operating results for the fiscal year ended December 31, 2019. 2019 Financial Highlights Financial results are net of the discontinued operations of the Company’s MAPADOC division, which was sold on August 26, 2019: Total revenues increased 6.6 % to $38.5 million from $36.1 million in 2018. Loss from continuing operations before interest, taxes, depreciation and amortization (EBITDA), minus share based compensation, was $1,170,116, compared to loss from continuing operations of $438,371 in 2018. Loss from continuing operations before taxes was $1,922,870, compared to a loss from continuing operations of $1,202,785 in 2018. The Company recognized a gain before taxes of $10,307,155 on the sale of its MAPADOC division. Earnings
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