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 one-year contract from a U.S. Department of Energy agency to implement its MobileAnchor® platform for secure mobile authentication. The solution will provide Derived Credentials on mobile devices, allowing agency personnel to authenticate to federal systems using smartphones instead of physical smart cards.
The platform complies with FIPS 201 and NIST SP 800-157 guidelines and includes a proxy server feature that enables authentication for legacy systems without requiring infrastructure overhaul. This new customer acquisition validates WidePoint's mobile-first approach to secure identity management in the federal sector.
WidePoint Corporation (NYSE American:WYY) has secured a new four-year contract under the Navy Spiral 4 Contract vehicle to support the Defense Counterintelligence and Security Agency (DCSA). The contract includes a one-year base period and three one-year option periods.
The company will provide secure communication and device management solutions, starting with 106 iPhones and MiFi devices in the base period, scaling up to 210 devices by the third option period. This marks WidePoint's fourth task order under the Navy Spiral 4 Contract, strengthening its position in federal government services.
WidePoint Corporation (NYSE American: WYY), a provider of enterprise cybersecurity and mobile technology solutions, has scheduled its first quarter 2025 earnings conference call for Thursday, May 15, 2025, at 4:30 p.m. ET. The company will release its financial results for Q1 2025 (ended March 31) via press release before the call.
The conference call will include a management presentation followed by a Q&A session. Investors can join using the U.S. dial-in (888-506-0062) or international number (973-528-0011) with access code 299364. A replay will be available until May 29, 2025, and can be accessed through the company's website or via dedicated replay numbers.
WidePoint (NYSE American:WYY) reported its Q4 and full year 2024 results, marking significant improvements in financial performance. Full-year 2024 revenues reached $142.6 million, up 35% from 2023, while Q4 revenues were $37.7 million, a 33% increase year-over-year.
The company achieved its 30th consecutive quarter of positive Adjusted EBITDA, which grew to $2.6 million for the full year, a 229% increase. Net loss improved to $1.9 million ($0.21 per share) from $4.0 million ($0.46 per share) in 2023. The company maintained a strong financial position with $6.8 million in unrestricted cash and no bank debt.
Notable achievements include obtaining FedRAMP Authorized Status for its Intelligent Technology Management System, launching M365 Analyzer, and securing $51.2 million in contract awards. The company reported a substantial $290 million contract backlog as of December 31, 2024.
WidePoint (NYSE American: WYY), a leader in enterprise cybersecurity and mobile technology, has rescheduled its Fourth Quarter and Full Year 2024 earnings conference call to Wednesday, April 16, 2025, at 4:30 p.m. ET.
The company will release its financial results prior to the call. Management will host the conference call followed by a Q&A session. Investors can join using the following details:
- U.S. dial-in: 888-506-0062
- International dial-in: 973-528-0011
- Access Code: 333097
A replay will be available until April 30, 2025, accessible via:
- Toll-free replay: 877-481-4010
- International replay: 919-882-2331
- Replay ID: 52176
WidePoint (NYSE American:WYY), a leader in enterprise cybersecurity and mobile technology, has announced the postponement of its Q4 and full year 2024 earnings conference call, originally scheduled for March 26, 2025.
The delay is attributed to a subsequent event in March 2025 that affects the accounting treatment of the company's financial results. WidePoint requires additional time to evaluate the impact on its financials and complete the 2024 audit.
The company emphasizes that this postponement is not related to any material concerns regarding its financial condition or operations. WidePoint plans to file its Form 10-K on time and will announce a new date for the earnings call once the audit is completed.