Auxilio Inc. (NASDAQ:CTEK) Expected to Post Quarterly Sales of $6.17 Million

Wall Street analysts expect Auxilio Inc. (NASDAQ:CTEK) to announce $6.17 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Auxilio’s earnings, with the highest sales estimate coming in at $6.23 million and the lowest estimate coming in at $6.11 million. Auxilio reported sales of $19.22 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 67.9%. The company is scheduled to issue its next earnings results on Wednesday, November 6th.

On average, analysts expect that Auxilio will report full-year sales of $24.55 million for the current financial year, with estimates ranging from $23.85 million to $25.24 million. For the next fiscal year, analysts anticipate that the company will post sales of $30.03 million, with estimates ranging from $28.55 million to $31.50 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Auxilio.

Shares of Auxilio stock traded up $0.28 during trading hours on Friday, reaching $3.15. 106,200 shares of the company’s stock were exchanged, compared to its average volume of 26,780. Auxilio has a 52-week low of $2.78 and a 52-week high of $5.00. The company has a fifty day moving average of $4.48 and a 200-day moving average of $4.67.

Auxilio Company Profile

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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