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Update: SilverSun Technologies Reports Record Second Quarter Revenues

|Includes:SilverSun Technologies, Inc. (SSNT)

On August 14th SilverSun Technologies (OTCQB:SSNT) reported record second quarter revenue of $5.2M. Growth in Q2 actually accelerated to 36% compared to revenue growth of 21% in Q1. Both quarters were records. This marked the eleventh consecutive quarter of double digit growth and saw net income increase 72%. The company is on pace to exceed over $23M in revenue for the year and remains greatly undervalued selling at under a 1X revenues valuation. The original article, Supply Chain Management Coming of Age, discussed companies in the Supply Chain Management segment and highlighted SilverSun as an off the radar up and comer with financials well beyond its current market capitalization.

Disclosure: The author is long SSNT.

Stocks: SSNT