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Cycurion Reports Financial Results for the First Quarter 2025
Globenewswire· 2025-06-06 12:45
MCLEAN, Va., June 06, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, reports financial results for the first quarter ended March 31, 2025, and provides a corporate update. Financial Highlights Revenues of $3.9 million.Gross Profit of $677,673, up 95.4% year-over-year, with a 17.5% gross margin increase in the first quarter of 2025 compared to $346,714 (8.2% gross margin) in the first quarter of 2024, reflecting a f ...
Cycurion, Inc. Receives Expected Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
GlobeNewswire News Room· 2025-05-29 20:31
Core Viewpoint - Cycurion, Inc. received a deficiency notification from Nasdaq due to the late filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2025, which is a violation of Nasdaq Listing Rule 5250(c)(1) [1][3] Group 1: Compliance and Filing Status - The Company has 60 calendar days from the notification to submit a plan to regain compliance with Nasdaq's listing rules [3] - Nasdaq may grant an extension of up to 180 calendar days from the Form 10-Q's due date, allowing compliance until November 17, 2025 [3] - The delay in filing the Form 10-Q is due to ongoing assessments, and the Company is working diligently to complete this process [4] Group 2: Company Overview - Cycurion is based in McLean, Virginia, and specializes in IT cybersecurity solutions and AI [5] - The Company serves government, healthcare, and corporate clients, focusing on cybersecurity, program management, and business continuity [5] - Cycurion utilizes its AI-enhanced ARx platform to provide secure and innovative services [5]
Cycurion, Inc. Receives Expected Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
Globenewswire· 2025-05-29 20:31
Core Points - Cycurion, Inc. received a deficiency notification from Nasdaq for failing to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2025 [1] - The notification does not have an immediate effect on the listing or trading of Cycurion's common stock on the Nasdaq Global Select Market [2] - The company has 60 days to submit a plan to regain compliance, with a potential extension of up to 180 days to meet the listing requirements [3] - The delay in filing the Form 10-Q is due to ongoing assessments, and the company is working diligently to complete the filing [4] Company Overview - Cycurion is based in McLean, Virginia, and specializes in IT cybersecurity solutions and AI, serving government, healthcare, and corporate clients [5] - The company utilizes its AI-enhanced ARx platform and expert team to provide secure and innovative services [5]
Cycurion’s W. Eric Singleton to Speak at the Armed Forces Communication and Electronics Association’s TechNet Cyber 2025 on Active Cyber Defense Innovation
Globenewswire· 2025-05-07 12:00
Core Insights - Cycurion, a leader in IT cybersecurity solutions and AI, announced that W. Eric Singleton, Vice President of Operations, will speak at TechNet Cyber 2025, a key event for cyber leaders in defense and intelligence [1][5] - Singleton's presentation will focus on the ARx platform, which utilizes intelligent deception and machine learning to enhance cyber defense for military networks [2][4] Company Overview - Cycurion is based in McLean, Virginia, and specializes in IT cybersecurity solutions, program management, and business continuity, serving government, healthcare, and corporate clients [6] - The company emphasizes its commitment to delivering secure and innovative services through its AI-enhanced ARx platform [6] ARx Platform Features - ARx functions as a cloud-native Web Application Firewall (WAF) and reverse proxy, providing full traffic inspection [8] - It integrates with MITRE ATT&CK and Cyber Kill Chain models, facilitating seamless operations within Department of Defense Security Operations Center workflows [8] - Key capabilities include anomaly detection driven by machine learning, deceptive tactics to delay attackers, and forensic visibility for threat analysis [8]
Cycurion, Inc. Announces $6 Million Contract Award by Major Municipal Transportation Agency
Globenewswire· 2025-04-29 12:15
Core Insights - Cycurion has been awarded a $6 million contract by a major municipal transportation agency to provide a range of IT and cybersecurity services [1][3] - The services will include Audit and Cybersecurity Services, Organizational Change Management Consulting, Data Analytics, and Information Technology Services, with potential integration of Cycurion's ARx platform [1][2] - This contract signifies Cycurion's strategic growth and commitment to the public sector, particularly in the transportation sector [3] Company Overview - Cycurion is based in McLean, Virginia, and specializes in IT cybersecurity solutions and AI, aiming to deliver secure and innovative services globally [4] - The company focuses on cybersecurity, program management, and business continuity, utilizing its AI-enhanced ARx platform [4] - Cycurion serves various sectors, including government, healthcare, and corporate clients, through its subsidiaries [4]
Cycurion Reports Full Year 2024 Financial Results
Globenewswire· 2025-04-17 12:00
Adjusted EBITDA of $2.3 million (+59% y/y); Generated $1.2 million of Net IncomeMCLEAN, Va., April 17, 2025 (GLOBE NEWSWIRE) -- Cycurion (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, reports financial results for full year ended December 31, 2024, and provides a corporate update highlighting a year of strategic execution, operational discipline, and solid financial performance. Cycurion is poised for a strong 2025, driven by a strategic overhaul focused ...