Business UpdateJul 14, 2026, 08:32 AM
Cycurion Projects >$30M Run-Rate; Halts Reverse Stock Split
AI Summary
Cycurion, Inc. announced an interview with CEO Kevin Kelly, highlighting significant operational growth and strategic advancements. The company expects its year-end run-rate to exceed $30 million, a substantial increase from $15 million the prior year, driven by acquisitions and new contracts. Cycurion is focusing on high-margin cybersecurity solutions and a strategic acquisition approach to enhance shareholder value. Additionally, the company decided against a reverse stock split and continues to address suspected market manipulation.
Key Highlights
- Company expects to finish the year with a run-rate exceeding $30 million, up from $15 million last year.
- Focusing on combining cybersecurity services with higher-margin cybersecurity products.
- Strategic acquisitions will prioritize operational synergies, profitability, and long-term value creation.
- Decision made not to proceed with a contemplated reverse stock split.
- Company continues to pursue actions related to suspected market manipulation and trading irregularities.
- Expanded operations, strengthened balance sheet, and grew contract backlog over the past year.
Price Impact
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