Welcome to our dedicated page for Widepoint news (Ticker: WYY), a resource for investors and traders seeking the latest updates and insights on Widepoint stock.
WidePoint Corporation (NYSE American: WYY) is a technology Managed Solution Provider (MSP) that focuses on Trusted Mobility Management, enterprise cybersecurity, and telecom management. The WidePoint news feed on this page aggregates company-issued press releases and related coverage so readers can follow how the business communicates its progress, contracts, and financial results.
According to its public statements, WidePoint is a federally certified provider of Trusted Mobility Management (TM2) solutions and emphasizes secure, compliant management of mobile and telecom environments. News items frequently highlight awards under federal contract vehicles such as the Navy Spiral 4 contract and Cellular Wireless Managed Services (CWMS) 2.0, including task orders from U.S. Customs & Border Protection and the U.S. Army. These announcements describe managed mobility services, wireless devices, paging systems, and related support activities.
Investors and analysts can also use this page to follow WidePoint’s earnings-related updates. The company issues press releases and hosts conference calls to discuss quarterly and year-to-date financial results, and then files associated Form 8-K reports. These communications often include commentary on metrics such as revenues, gross profit, net loss, Adjusted EBITDA, and free cash flow, along with contract backlog and operational highlights.
In addition, WidePoint’s news flow includes contract wins and SaaS engagements, such as its multi-year SaaS contract with a major telecommunications carrier to deploy the FedRAMP-authorized ITMS™ Command Center Platform, as well as announcements about participation in investor conferences and presentations. By reviewing the articles and releases linked here, readers can see how WidePoint presents its strategy around mobility management, FedRAMP-authorized platforms, and government-focused technology services.
Bookmark this page to access an organized stream of WidePoint news, including contract announcements, financial disclosures, and corporate presentations related to WYY.
WidePoint Corporation (NYSE American: WYY) has secured a new contract with the Virginia Alcoholic Beverage Control Authority to provide Telecom Expense Management (TEM) services. The contract spans one year with four optional renewals, totaling approximately $1.2 million. Virginia ABC, employing nearly 4,000 individuals, plays a significant role in public safety and revenue generation for the Commonwealth of Virginia. WidePoint's CEO hailed the contract as a sign of Virginia ABC's commitment to efficiency during the COVID-19 pandemic, emphasizing the importance of telecom management solutions during challenging times.
WidePoint Corporation (NYSE American: WYY) announced over $42 million in federal contract awards and extensions in Q2 2020. The company recorded 34 contractual actions including new contracts and renewals with federal clients, notably the U.S. Department of Homeland Security and the CDC. CEO Jin Kang highlighted the increasing adoption of mobile workforce practices, which drives growth and cost-saving benefits for government agencies. WidePoint aims to maximize resources across the mobile landscape amid changing federal budgets.
WidePoint Corporation (NYSE American: WYY) is set to participate in the ATARC 2020 Virtual Technology Showcase on June 11, 2020, focusing on how emerging technology aids federal emergency responses amid the COVID-19 pandemic. The event will feature discussions on mobile security, AI, cloud infrastructure, and more. WidePoint's solutions in Telecom Lifecycle Management and Identity Management will be highlighted, showcasing its contributions to critical government agencies like the Department of Homeland Security and the CDC, enhancing IT response during the crisis.
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