SilverSun lost $103,046 in the most recently ended period., compared to a net income of $130,289. It did not cite a specific product line as having an impact on results. SilverSun described the decline in service revenue this way: “These decreases are mainly attributed to lower maintenance revenues and lower consulting revenues, primarily because of project delays and postponements on the part of our customers as a result of challenges within their own businesses, including employee retention and general economic conditions impacting their organizations." Sales and marketing expenses rose the waning of the pandemic led to increased travel to trade shows
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SILVERSUN REVS RISE 4 PERCENT Featured
Revenue for SilverSun Technologies, parent of reseller SWK Technologies rose by 4 percent for the second quarter ended June 30. That stemmed from a combination of a 6.9-percent drop in service revenue and a 5.8-percent rise in product revenue, the company reported this week
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