Cycurion shares surge 60.19% after-hours on $18M recurring revenue acquisition and record $112.4M backlog.

Cycurion (CYCU) surged 60.19% in after-hours trading following the announcement of a definitive agreement to acquire a Washington, D.C.-based federal cybersecurity firm, expected to add $18 million in annual recurring revenue and be immediately EPS accretive. The company also reported a record contracted backlog of $112.4 million, driven by multi-year federal contract awards and client renewals, while management will provide updated 2026 guidance at its March 19 shareholder meeting. The strategic acquisition aligns with Cycurion’s growth strategy to expand its federal cybersecurity footprint and consolidate high-margin assets under its ARx platform.