CSIMarket
 
Widepoint Corporation  (WYY)
Other Ticker:  
 
 
Price: $2.7100 $0.07 2.652%
Day's High: $2.74 Week Perf: 7.11 %
Day's Low: $ 2.59 30 Day Perf: -7.51 %
Volume (M): 15 52 Wk High: $ 3.49
Volume (M$): $ 40 52 Wk Avg: $2.02
Open: $2.60 52 Wk Low: $1.61



 Market Capitalization (Millions $) 24
 Shares Outstanding (Millions) 9
 Employees 75
 Revenues (TTM) (Millions $) 101
 Net Income (TTM) (Millions $) -26
 Cash Flow (TTM) (Millions $) 3
 Capital Exp. (TTM) (Millions $) 1

Widepoint Corporation
Widepoint Corporation is a technology-based company that provides innovative wireless communication solutions to businesses and federal government agencies. The company delivers secure mobile lifecycle management, identity management, and telecommunication expense management services to a wide range of clients in the United States.

Widepoint's products aim to optimize secure communications and streamline mobile processes for organizations. Its core services include Mobile Device Management, Certificate-Based Authentication, Mobile Application Management, Telecom Expense Management, and End-User Support Services.

One of Widepoint's primary focuses is identity management. They offer Certificate-based authentication services to help regulate access to critical systems, apps, and data. Widepoint's identity management platform is composed of digital certificates, PINs, and passwords, enabling secure access to authorized personnel while minimizing unauthorized access.

Telecom Expense Management is another significant solution provided by the company. The solution enables organizations to monitor and manage their telecommunications bills for optimization. They provide data-centric analysis and effective spending strategies to minimize expenses and identify areas for improvement within companies.

Widepoint caters to a diverse range of sectors, including healthcare, financial services, retail, and energy industries. They also serve the federal government, with a special focus on agencies in the defense, intelligence, and civilian communities. Being a government contractor, Widepoint's compliance standards are pretty high, and it is experienced in effectively meeting regulatory requirements.

In summary, Widepoint Corporation is a technology-based company that provides innovative wireless communication solutions to government and businesses. The company's core services include Mobile Device Management, Certificate-Based Authentication, Mobile Application Management, Telecom Expense Management, and End-User Support Services. Widepoint's solutions aim to optimize secure communications, identity management, and streamline mobile processes for organizations. The company caters to a diverse range of sectors and serves federal government agencies, with a strong focus on Defense, Intelligence, and Civilian Communities.


   Company Address: 11250 Waples Mill Road Fairfax 22030 VA
   Company Phone Number: 349-2577   Stock Exchange / Ticker: NYSE WYY
   WYY is expected to report next financial results on March 29, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Widepoint Corporation

Market Reflections: Widepoint Corporation's Q3 2023 Earnings Prompt Investor Uncertainty as Diminishing Returns Persist



The stock market is always buzzing with excitement and surprises, and the recent earnings report of Widepoint Corporation for the third quarter of 2023 is no exception. With interesting facts to dissect and analyze, investors and analysts are keenly observing the company's performance and the effects of market conditions on its financial position.
Diminishing Returns Highlight Concerns:
One of the notable aspects of Widepoint Corporation's Q3 earnings was the extension of diminishing returns, with losses per share increasing to $-0.10 compared to $-0.06 during the same period last year. This indicates a struggle in generating profits and may raise concerns among shareholders. Moreover, the company failed to improve its position from the preceding reporting season, maintaining the same negative figure of $-0.10 per share.

Widepoint Corporation

Surprising Turnaround: Widepoint Corporation Defies Odds with Impressive Financial Results



Widepoint Corporation (WYY) has recently released its financial results for the most recent fiscal period, unveiling several key indicators that warrant closer examination. This article aims to interpret the financial results and assess their potential impact on the company's future performance.
1. Improved Earnings and Decreased Loss per Share:
WYY managed to significantly reduce its loss per share compared to the previous year, showcasing a positive trend in its financial performance. The company reported a loss of $-0.10 per share, a notable improvement from the loss of $-1.58 per share recorded a year earlier. This indicates that WYY's efforts to enhance operational efficiency and control costs are yielding positive outcomes.

Widepoint Corporation

Widepoint Corporation Struggles with Diminishing Returns despite Strong Revenue Growth in Q1 2023 Earnings Season

Widepoint Corporation, a leading provider of mobile workforce management, cybersecurity, and telecommunications services, recently reported its financial results for the fiscal period ending on March 31st, 2023. Despite an increase in revenue by 12.646% from the previous year, the company's diminishing returns have swelled, resulting in a deficit of $-0.11 per share.
Looking back at the prior financial reporting period, the company witnessed an 8.294% increase in revenue from $23.34 million. Additionally, Income per Share improved from $-2.66 per share. However, for the fiscal interval ending on March 31st, 2023, Widepoint Corporation realized a net loss of $-0.951 million, which was bigger than the $-0.393 million the previous year.






 

Widepoint's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com