WidePoint -5.3% after narrowing net loss [Seeking Alpha]
WidePoint Corporation (WYY)
NASDAQ:AMEX Investor Relations:
widepoint.com/investor-relations
Company Research
Source: Seeking Alpha
WidePoint -5.3% after narrowing net loss WidePoint (NYSEMKT: WYY down 5.3% Q2 earnings Revenues overall rose 26% to $22.1M, and gross profit rose to $4.1M from $3.5M a year ago. Gross margin fell to 18% from 20%. The company narrowed its net loss to $0.3M from a year-ago loss of $0.5M, and EBITDA rose to $0.6M from $0.1M. “The second quarter was a continuation of the strong performance we established at the start of the year as we delivered another solid period of financial results, expanded several contracts with current customers, and continued to improve upon our already industry-leading credentials,” says CEO Jin Kang. For the full year, it's reiterating guidance to revenue of $90M-$93M (8-12% growth) and EBITDA of $2.75M-$3.5M.
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WYY
News
- WidePoint Corp (WYY) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Challenges [Yahoo! Finance]Yahoo! Finance
- WidePoint Reports Third Quarter 2024 Financial ResultsAccesswire
- WidePoint And 2 Other Promising US Penny Stocks [Yahoo! Finance]Yahoo! Finance
- WidePoint (WYY) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release [Yahoo! Finance]Yahoo! Finance
- WidePoint Sets Third Quarter 2024 Conference Call for Wednesday, November 13, 2024 at 4:30 p.m. ETAccesswire
WYY
Earnings
- 11/13/24 - Beat
WYY
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 8-K
- 11/19/24 - Form 4
- WYY's page on the SEC website