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Widepoint Corp - WYY STOCK NEWS

Welcome to our dedicated news page for Widepoint (Ticker: WYY), a resource for investors and traders seeking the latest updates and insights on Widepoint.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Widepoint's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Widepoint's position in the market.

News
WidePoint to Present at the 16th Annual LD Micro Main Event on October 4th at 9:30 AM PT
Rhea-AI Summary
WidePoint Corporation to attend LD Micro Main Event on October 3-5, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
conferences
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News
WidePoint to Virtually Present and Participate at the H.C. Wainwright 25th Annual Global Investment Conference
Rhea-AI Summary
WidePoint Corporation to present at H.C. Wainwright conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.49%
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none
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News
WidePoint Cybersecurity Awarded New $1.7 Million Identity and Access Management Contract
Rhea-AI Summary
WidePoint awarded $1.7M 3-year contract by U.S. Department of Transportation agency for identity and access management services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.85%
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none
News
WidePoint Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
WidePoint Corporation (NYSE American:WYY) reported strong Q2 2023 financial and operational highlights, including $26.8 million in revenue, a 16% increase from the same period last year. The company secured significant contracts, such as a $2.7 million IT managed services contract and a $3.2 million wireless mobility services contract. Despite a net loss of $842,000, WidePoint's management expressed optimism, citing a positive 24th consecutive quarter of positive Adjusted EBITDA and a promising outlook for growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.3%
Tags
earnings
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News
WidePoint Sets Second Quarter 2023 Conference Call for Tuesday, August 15, 2023 at 4:30 p.m. ET
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Rhea-AI Impact
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End-of-Day
-- %
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earnings
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News
WidePoint's Subsidiary IT Authorities Awarded New $2.7 Million IT Managed Services Provider Contract
Rhea-AI Summary
WidePoint Corporation's subsidiary, IT Authorities, has been awarded a three-year IT managed services contract worth $2.7 million by a national Sports Marketing, Media & Technology company. The contract is an expansion from a successful pilot program and IT Authorities will provide IT-as-a-Service Network & Infrastructure Monitoring and management, along with 24x7x365 help desk support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
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none
News
WidePoint Awarded $3.2 Million Mobility Managed Services Contract from the Federal Communications Commission
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.65%
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none
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News
WidePoint Awarded $46 Million in IT and Security Contracts During Q2 2023
Rhea-AI Summary
WidePoint Corporation (NYSE American:WYY) announced that it was awarded approximately $46 million in IT and security contracts during Q2 2023. This includes $3 million in commercial contracts and $43 million in government contracts. The company saw more than 80 contractual actions across its business units, including new awards, renewals, contract extensions, and exercised option periods. WidePoint received multimillion-dollar awards from federal agencies under the U.S. Department of Homeland Security Cellular Wireless Managed Services (CWMS) 2.0 IDIQ contract, including the ATF, CISA, the Coast Guard, and TSA. The company also secured numerous renewals and orders for its Identity & Access Management offerings, as well as contract renewals for Soft-ex's Analytics & Billing as a Service solution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.73%
Tags
earnings
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News
WidePoint Opens New Identity & Access Management Credential Issuing Locations
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.29%
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none
News
WidePoint Reports First Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
earnings
Stock WYY logo
Widepoint Corp

NYSE:WYY

WYY Rankings

#5174 Ranked by Market Cap
#4094 Ranked by Stock Gains
N/A Ranked by Dividends

WYY Stock Data

19.81M
6.19M
23.51%
9.87%
0.33%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
US
Fairfax

About WYY

widepoint corporation is a leading provider of wireless mobility management and cybersecurity solutions. identity access management, multi-factor authentication and critical response management offer advanced information technology through its innovative solutions to the government and commercial markets. widepoint is comprised of four business groups with each offering unique capabilities specializing in emergency response management solutions, asymmetric authentication deployed as pki, wireless telecommunication expense management services, forensic informatics system engineering and consulting services. we provide leadership on trusted virtual and physical credentialing authentication, authorization and attribute tracking; and competitive sourcing of wireless telecommunication services to meet the demands of our government and commercial customers. we intend to grow significantly over the next few years through a combination of aggressive organic growth, the acquiring of selective