Cycurion (NASDAQ:CYCU) Releases Earnings Results, Beats Estimates By $0.15 EPS

Cycurion (NASDAQ:CYCU) announced its quarterly earnings data on Friday. The company reported ($0.41) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.15, FiscalAI reports. Cycurion had a negative return on equity of 123.25% and a negative net margin of 108.49%.The firm had revenue of $3.76 million during the quarter.

Cycurion Price Performance

Shares of CYCU stock traded down $0.01 during mid-day trading on Friday, hitting $0.69. 76,905,534 shares of the stock were exchanged, compared to its average volume of 49,510,028. Cycurion has a 52-week low of $0.26 and a 52-week high of $15.88. The company has a quick ratio of 0.31, a current ratio of 0.31 and a debt-to-equity ratio of 0.02. The company has a market cap of $7.86 million, a PE ratio of -0.10 and a beta of 0.97. The firm has a fifty day moving average of $0.59 and a 200 day moving average of $1.08.

Wall Street Analysts Forecast Growth

CYCU has been the topic of several research reports. Weiss Ratings downgraded shares of Cycurion from a “sell (d-)” rating to a “sell (e+)” rating in a report on Thursday, August 6th. Wall Street Zen raised Cycurion from a “strong sell” rating to a “hold” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Cycurion has an average rating of “Hold” and a consensus target price of $7.00.

About Cycurion

Cycurion is a global leading provider of Network Communications and Information Technology Security Solutions. Our mission is to develop and deliver world-class, cutting-edge solutions for our clients, regardless of size or complication, expressly optimizing your IT environment to meet the business need and to keep projects on track and on budget.