Friday, March 8, 2019

Auxilio Inc. (CTEK) Expected to Announce Quarterly Sales of $19.50 Million

Wall Street analysts predict that Auxilio Inc. (NASDAQ:CTEK) will announce $19.50 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Auxilio’s earnings. The highest sales estimate is $19.80 million and the lowest is $19.20 million. Auxilio reported sales of $18.69 million in the same quarter last year, which would suggest a positive year over year growth rate of 4.3%. The firm is expected to announce its next earnings report on Monday, March 25th.

On average, analysts expect that Auxilio will report full-year sales of $72.04 million for the current fiscal year, with estimates ranging from $71.74 million to $72.34 million. For the next year, analysts forecast that the business will post sales of $77.86 million, with estimates ranging from $77.60 million to $78.12 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Auxilio.

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Auxilio stock traded down $0.05 during mid-day trading on Friday, reaching $4.55. 5,322 shares of the company traded hands, compared to its average volume of 11,332. Auxilio has a 52-week low of $3.23 and a 52-week high of $5.15.

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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