Business Context and Reporting Period
This Form 8-K is a current report filed by Silversun Technologies, Inc. (not QXO, Inc.) on May 15, 2013. The filing serves to disclose a press release regarding the Company's financial results for the quarter ended March 31, 2013. The Company is incorporated in Delaware and maintains its principal executive offices in Livingston, New Jersey.
Key Financial Metrics
The filing text itself does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references a press release (Exhibit 99.1) titled "SilverSun Technologies Reports Profitable First Quarter 2013 Results," indicating the Company achieved profitability for the period, but the exact figures are not contained within this 8-K document.
Material Changes
No specific material changes versus prior periods are detailed in the text of this filing. The document solely acts as a conduit to the press release and the concurrent Form 10-Q filed on the same date, which contain the comparative financial data.
Guidance, Outlook, and Risks
The filing does not contain management commentary, forward-looking guidance, risk factors, or details on contingencies. It strictly references the attached press release for the announcement of profitable results.
Investor Verification Checklist
- Verify the specific revenue and net income figures in the attached Exhibit 99.1 press release.
- Review the concurrent Form 10-Q filed on May 15, 2013, for detailed financial statements and notes.
- Confirm the definition of "profitable" used by management (e.g., GAAP vs. Non-GAAP) in the referenced press release.
- Check for any subsequent filings that may update the financial outlook for the remainder of fiscal year 2013.