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 to Present at the H.C. Wainwright 26th Annual Global Investment Conference on September 11, 2024Accesswire
- WidePoint Corporation (WYY) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- WidePoint WYY Reports Second Quarter and Year to Date 2024 Financial ResultsAccesswire
- WidePoint to Present at the 2024 Gateway Conference on September 4 at 9:00 a.m. Pacific TimeGlobeNewswire
- CGI Group (GIB) Q3 Earnings Meet Estimates [Yahoo! Finance]Yahoo! Finance
WYY
Earnings
- 8/14/24 - Beat
WYY
Sec Filings
- 8/22/24 - Form 4
- 8/19/24 - Form 8-K
- 8/14/24 - Form 10-Q
- WYY's page on the SEC website