WidePoint Gets Its Ducks Back In A Row [Seeking Alpha]
UNITED TECHNOLOGIES (UTX)
Last united technologies earnings: 1/28 06:30 am
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Source: Seeking Alpha
WidePoint Gets Its Ducks Back In A RowSummaryWidePoint swung to adjusted EBITDA positive land for 3 quarters in a row.Comfortable cash position with a line of credit remaining untouched.Continuing to move away from selling low margin carrier services to refocus on delivering higher margin services.Pipeline looking good with Cost Guard revenue kicking in Sept. 1st, while working to close three "very large commercial deals" in 2018.None of the above seem to have been reflected in the share price, yet.
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