Equities research analysts forecast that Auxilio Inc. (NASDAQ:CTEK) will announce $5.84 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Auxilio’s earnings, with the lowest sales estimate coming in at $5.82 million and the highest estimate coming in at $5.85 million. Auxilio posted sales of $16.38 million during the same quarter last year, which indicates a negative year over year growth rate of 64.3%. The firm is expected to issue its next earnings results on Monday, May 13th.

On average, analysts expect that Auxilio will report full year sales of $24.83 million for the current fiscal year, with estimates ranging from $24.26 million to $25.40 million. For the next fiscal year, analysts forecast that the firm will post sales of $28.94 million. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Auxilio.

Several equities research analysts have commented on CTEK shares. Roth Capital restated a “buy” rating on shares of Auxilio in a research note on Friday, March 22nd. B. Riley restated a “buy” rating on shares of Auxilio in a research note on Tuesday, April 2nd.

Shares of NASDAQ:CTEK traded down $0.06 during trading hours on Thursday, hitting $4.81. The stock had a trading volume of 16,906 shares, compared to its average volume of 27,996. Auxilio has a 1-year low of $3.23 and a 1-year high of $5.04.

About Auxilio

Cynergistek, Inc provides outsourced document management services and IT security consulting services primarily to the healthcare industry in the United States. It offers workflow solutions; and creates manageable, dependable print management programs by managing the back-office processes of hospital clients.

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