SilverSun Technologies Inc (SSNT)

[Det_Robert_Thorne]

Good Q1 Report. Profitable, but EPS essentially zero

A $4M quarter. Will they achieve $16M in Revenue in 2013?

While they had a net profit in Q1, the high share count results in $0.00 EPS due to rounding.

Excerpt from the PR, followed by a link:

LIVINGSTON, NJ--(Marketwired - May 15, 2013) - SilverSun Technologies, Inc. (OTCQB: SSNT) (OTCBB: SSNT), a national provider of transformational business technology solutions and services, today announced record first quarter results for the three months ended March 31, 2013.

Financial Highlights for First Quarter 2013 Compared to First Quarter 2012:

* Total revenues increased 39% to a record $4.04 million from $2.90 million.
* Software sales doubled, rising to $716,000 from $359,000.
* Services revenues rose 31% to $3.33 million from $2.55 million.
* Income from operations increased to $132,000 from a loss from operations of $686,000.
* Net income climbed to $116,000, or $0.00 earnings per basic and diluted share, compared to a net loss of $708,000, or 0.01 loss per basic and diluted share.

http://finance.yahoo.com/news/silversun-technologies-reports-profitable-first-130845121.html