SALES EXPENSES PRODUCE SILVERSUN LOSS

swk technologies logoSilverSun Technologies, the parent of Sage reseller SWK Technologies, reported a $14,141 loss for the third quarter ended September 30, compared to $730,785 in net income in last year’s corresponding period.  But revenue grew to $2.4 million in the most recent quarter, up a healthy 24.2 percent over last year’s $1.9 million as consulting revenue propelled growth. This is the first quarter for SilverSun (formerly known as Trey Resources) in which the lines on the financial statements look more normal. Read more...

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