EXPENSES BITE INTO SILVERSUN NET
- Monday, 01 April 2013
- News and Analysis
A sharp increase in operating expenses pushed SilverSun Technologies, parent of reseller SWK Technologies, to a $1.2 million loss for the year ended December 31. That compared to net income of $2.6 million a year earlier. But the revenue side, aided by the purchase of assets of the former Hightower, was bright, rising to $13.2 million, a 25.3-percent increase from $10.5 million for 2011.
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