Cycurion shares surge 16.50% premarket after announcing acquisition of federal cyber firm, boosting EPS and backlog to $112.4M.

Cycurion (CYCU) surged 16.50% in premarket trading following the announcement of a definitive agreement to acquire a Washington, D.C.-based federal cybersecurity firm. The deal is expected to be immediately earnings-per-share (EPS) accretive and add approximately $18 million in annual recurring revenue, while expanding the company’s federal sector footprint. Concurrently, Cycurion reported a record contracted backlog of $112.4 million, driven by multi-year federal contracts and client renewals. Management will provide updated 2026 revenue guidance and a multi-year growth roadmap at its Annual Shareholder Meeting on March 19. The acquisition aligns with the company’s strategy to consolidate high-margin cybersecurity assets under its ARx platform, reinforcing investor optimism about long-term growth and operational scalability.