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SilverSun Technologies (SilverSun Technologies) Revenue : $54.52 Mil (TTM As of Dec. 2023)


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What is SilverSun Technologies Revenue?

SilverSun Technologies's revenue for the three months ended in Dec. 2023 was $14.71 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $54.52 Mil. SilverSun Technologies's Revenue per Share for the three months ended in Dec. 2023 was $2.79. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $10.37.

During the past 12 months, the average Revenue per Share Growth Rate of SilverSun Technologies was 19.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, SilverSun Technologies's highest 3-Year average Revenue per Share Growth Rate was 908.10% per year. The lowest was -70.20% per year. And the median was 3.90% per year.


SilverSun Technologies Revenue Historical Data

The historical data trend for SilverSun Technologies's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SilverSun Technologies Revenue Chart

SilverSun Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.50 41.22 41.70 44.99 54.52

SilverSun Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.41 13.13 13.26 13.42 14.71

Competitive Comparison of SilverSun Technologies's Revenue

For the Software - Application subindustry, SilverSun Technologies's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SilverSun Technologies's Revenue Distribution in the Software Industry

For the Software industry and Technology sector, SilverSun Technologies's Revenue distribution charts can be found below:

* The bar in red indicates where SilverSun Technologies's Revenue falls into.



SilverSun Technologies Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $54.52 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SilverSun Technologies  (NAS:SSNT) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


SilverSun Technologies Revenue Related Terms

Thank you for viewing the detailed overview of SilverSun Technologies's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


SilverSun Technologies (SilverSun Technologies) Business Description

Traded in Other Exchanges
N/A
Address
120 Eagle Rock Avenue, East Hanover, NJ, USA, 07936
SilverSun Technologies Inc is a business application, technology, and consulting company. It is engaged in providing strategies and solutions to meet information, technology and business management needs. Its services and technologies enable customers to manage, protect and monetize their enterprise assets in the cloud. It offers solutions for accounting and business management, financial reporting, enterprise resource planning (ERP), warehouse management systems (WMS), customer relationship management (CRM) and business intelligence (BI). The company has a network services practice, which provides managed services, hosting, business continuity, cloud, e-mail, and Web services.
Executives
Stanley Wunderlich director
John D. Schachtel director 979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Joseph P Macaluso director
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Ault Milton C Iii 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jeffrey D Roth 10 percent owner 202 VIERA DRIVE, CEDAR KNOLLS NJ 07927-2402
Christine Elizabeth Dye officer: Chief Financial Officer 120 EAGLE ROCK AVE., SUITE 330, EAST HANOVER NJ 07936
Crandall Iii Melvin officer: Chief Financial Officer 5 REGENT ST #520, LIVINGSTON NJ 07039
John Rudy director C/O ADSTAR INC., 4553 GLENCOE AVENUE SUITE 325, MARINA DEL REY CA 90292
Mark Meller director, 10 percent owner, officer: President and CEO C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039
Jerome R Mahoney director, 10 percent owner, officer: President, Secretary and CEO C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747