Business Context and Reporting Period
This Form 8-K is a current report filed by SilverSun Technologies, Inc. on May 16, 2016. The filing serves to disclose a press release regarding the Company's financial results for the quarter ended March 31, 2016, which were also detailed in a Form 10-Q filed on the same date.
Key Financial Metrics
The filing text indicates that the Company reported profitable results for the first quarter of 2016. However, specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity are not provided within this 8-K document; they are referenced as being contained in the attached press release (Exhibit 99.1) and the concurrent Form 10-Q.
Material Changes
The filing does not contain specific comparative data or a detailed analysis of material changes versus the prior comparable period. It only notes the issuance of a press release announcing profitable results for the period.
Guidance, Outlook, and Risks
The document does not include specific forward-looking guidance, management commentary, risk factors, or contingencies beyond the announcement of the press release. The filing is procedural, intended to satisfy Regulation FD disclosure requirements by making the press release available to the public.
Investor Verification Checklist
- Verify the specific revenue and net income figures in the attached press release (Exhibit 99.1) and the Form 10-Q.
- Review the Form 10-Q for detailed liquidity, debt, and cash flow metrics not present in this summary.
- Confirm the details of the "profitable" status and any year-over-year growth rates in the full financial statements.
- Check for any forward-looking statements or risk disclosures in the full Form 10-Q.