Business Context and Reporting Period
This Form 8-K is a current report filed by SilverSun Technologies, Inc. on November 13, 2018. The filing serves to disclose a press release regarding the Company's third quarter financial results for the three and nine months ended September 30, 2018. The financial details are primarily contained in the attached press release (Exhibit 99.1) and the concurrent Form 10-Q.
Key Financial Metrics
The filing text confirms the issuance of a press release titled "SilverSun Technologies Reports Profitable Third Quarter 2018 Results." However, the specific numerical values for revenue, profit, cash flow, margins, debt, and liquidity are not included in the body of this Form 8-K document. These figures are referenced as being available in the attached Exhibit 99.1 and the Form 10-Q.
Material Changes
The filing indicates a material change in the Company's financial status, specifically noting that the third quarter of 2018 was profitable. No specific comparative data against the prior period is provided within this text.
Guidance, Outlook, and Risks
The filing does not contain specific forward-looking guidance, management commentary, risk factors, or contingencies beyond the announcement of the profitable quarter. The document states that the press release is furnished under Item 7.01 Regulation FD Disclosure.
Investor Verification Checklist
- Verify the specific revenue and net income figures in the attached Exhibit 99.1 press release.
- Review the full Form 10-Q filed on November 13, 2018, for detailed financial statements and cash flow analysis.
- Confirm the sustainability of the reported profitability trend in subsequent quarters.
- Check for any updated debt covenants or liquidity constraints mentioned in the full 10-Q.