WidePoint WYY Reports First Quarter 2024 Financial Results [Yahoo! Finance]
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WidePoint Corporation (WYY)
NASDAQ:AMEX Investor Relations:
widepoint.com/investor-relations
Company Research
Source: Yahoo! Finance
First Quarter 2024 and Recent Operational Highlights: Selected by the U.S. Navy as one of seven contractors for the 10-Year, $2.7 billion Spiral 4 contract Awarded more than 18 contractual actions resulting in approximately $22.7 million in contract value in Q1 2024 Awarded a 3-year contract valued at over $1.4 million from a major Florida attraction and research center to provide managed IT cyber services th consecutive quarter of positive Adjusted EBITDA Second consecutive quarter ending free cash flow positive First Quarter 2024 Financial Highlights: Revenues were $34.2 million, a 35% increase from the same quarter last year Gross margin was 14%, and gross margin excluding carrier services revenue was 31% Net loss totaled $0.7 million, or a loss of $(0.07) per diluted share Adjusted EBITDA, a non-GAAP financial measure, was $573,000 Free cashflow was $566,000 As of March 31, 2024, cash was $5.3 million with no bank debt Management Commentary "We've carr
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WYY
News
- WidePoint Partners with 22Vets Technologies for Smart City Internet of Things Program [Yahoo! Finance]Yahoo! Finance
- WidePoint Partners with 22Vets Technologies for Smart City Internet of Things ProgramAccesswire
- 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
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