earnings
confidence high
sentiment negative
materiality 0.80
Cycurion reports FY2025 net loss of $23.7M, revenue down 15% to $15.1M; sues ACCESS Newswire over fraudulent release
Cycurion, Inc.
2026-Q1 EPS reported
-$0.47
revenue$3,268,620
- Revenue $15.1M (-15% YoY); net loss $(23.7)M vs $1.2M income in FY2024.
- Reduced net debt by >70% to under $3M; cash >$5M; $2.2M annualized cost savings implemented.
- Backlog $112M with ~4-year weighted life; expects revenue pick-up in H2 2026.
- Initiated legal action seeking millions in damages against ACCESS Newswire for fraudulent March 16 release.
- Retained Moskowitz Colson Ginsberg & Schulman; cooperating with FINRA and Nasdaq.