WidePoint Corp (WYY) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Challenges [Yahoo! Finance]
WidePoint Corporation (WYY)
NASDAQ:AMEX Investor Relations:
widepoint.com/investor-relations
Company Research
Source: Yahoo! Finance
WidePoint Corp ( WYY ) reported a 35% year-over-year increase in revenue for both the third quarter and the nine-month period, indicating strong financial growth. The company achieved its 29th consecutive quarter of positive adjusted EBITDA and fourth consecutive quarter of positive free cash flow. WidePoint Corp ( WYY ) successfully developed and launched its proprietary Mobile Anchor digital credential solution, which has already secured two new high-margin SaaS contracts. The company is making significant progress towards obtaining FedRAMP authorization, which will enhance its competitive position for major federal contracts. WidePoint Corp ( WYY ) has entered into a new strategic partnership for a Device as a Service program, targeting large commercial clients in highly regulated industries. Despite improvements, WidePoint Corp ( WYY ) reported a net loss of $425,200 for the third quarter, although this was an improvement from the previous year. The company's gross pr
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WYY
News
- 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
- WidePoint's Subsidiary IT Authorities Awarded More than $1.7 Million in Cisco and Managed IT Services ContractsAccesswire
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