Company Description
WidePoint Corporation (NYSE American: WYY) is a technology Managed Solution Provider (MSP) focused on securing and protecting the mobile workforce and enterprise landscape. Operating in the computer systems design services industry within the professional, scientific, and technical services sector, the company emphasizes cybersecurity, mobility, and telecom management for complex environments.
According to its public disclosures and press releases, WidePoint describes itself as a federally certified provider of Trusted Mobility Management (TM2) solutions and an innovative leader in enterprise cybersecurity and mobile technology. The company highlights its experience supporting government and commercial clients that require secure, compliant, and scalable technology platforms.
Core Solutions and Technology Focus
WidePoint states that it delivers technology management as managed solutions across several areas. Its offerings, as described in company materials, include:
- Identity & Access Management (IAM)
- Mobility Managed Services (MMS) and trusted mobility management
- Telecom Management and telecom lifecycle management
- Information Technology as a Service (ITaaS / IT as a Service)
- Cloud Security
- Analytics & Billing as a Service (ABaaS)
Earlier descriptions also refer to Technology Management as a Service (TMaaS) that includes communications management, identity management, interactive bill presentment and analytics, and IT as a Service. These capabilities are positioned around managing and securing devices, telecom assets, and user identities across distributed organizations.
Government and Enterprise Orientation
WidePoint’s news releases and SEC filings show a strong orientation toward government and large-enterprise environments. The company reports task orders and contracts under federal programs such as the Navy Spiral 4 contract vehicle and Cellular Wireless Managed Services (CWMS) 2.0, including awards from entities like the U.S. Army and U.S. Customs & Border Protection (CBP). These engagements involve managed mobility services, wireless devices, and paging systems supported by WidePoint’s platforms.
The company also emphasizes its FedRAMP-authorized ITMS™ Command Center Platform, which it describes as a managed mobility platform and system of record for telecom and mobility operations. WidePoint reports that this platform is used to support government telecom operations and that it has been selected by a major telecommunications carrier under a multi-year Software as a Service (SaaS) contract to manage a large volume of units across government clients.
Trusted Mobility Management (TM2) and FedRAMP-Authorized Platform
WidePoint presents Trusted Mobility Management (TM2) as a core theme in its business. TM2 encompasses secure management of mobile devices, telecom services, and related infrastructure under strict security and compliance requirements. The company states that its FedRAMP-authorized ITMS™ Command Center Platform serves as a preferred system of record for government agencies and commercial clients seeking enhanced security in mobility and telecom management.
In its public statements, WidePoint notes that this FedRAMP authorization is central to its positioning in the federal space. The company describes itself as a SaaS FedRAMP solution provider for complex mobility and telecom management and highlights that its platform is designed to meet stringent federal security standards. It also references use cases involving federal, state, local, and education agencies.
Contract Activity and Use Cases
Recent company announcements illustrate how WidePoint’s technology is applied in practice:
- A multi-year SaaS contract with a major telecommunications carrier to deploy the FedRAMP-authorized ITMS™ Command Center Platform, expected to manage a large number of units across government telecom operations and serve as the hub for the carrier’s governmental clients and internal teams.
- A CWMS 2.0 task order from U.S. Customs & Border Protection to deliver managed mobility services for tens of thousands of cellular lines of service, supported by the ITMS™ Command Center Platform.
- A Spiral 4 task order from the U.S. Army to provide an alpha-numeric paging system and associated managed mobility services, including activation and deactivation, on-site programming, repair and replacement, billing for lost or damaged devices, infrastructure maintenance, system support, and security and compliance.
These examples, drawn from WidePoint’s own press releases and 8-K filings, indicate that the company’s solutions are used to manage wireless devices, paging systems, and telecom services under long-term contract structures, particularly in federal environments.
Industry Positioning and Focus Areas
WidePoint consistently describes itself as a technology Managed Solution Provider (MSP) and as a federally certified provider of Trusted Mobility Management solutions. Its communications highlight:
- Focus on the mobile workforce and enterprise landscape
- Emphasis on security, compliance, and identity
- Specialization in mobility management, telecom management, and cloud security
- Use of SaaS delivery models for its ITMS™ Command Center Platform and other services
The company also references its presence at investor conferences and its engagement with institutional investors, which underscores its efforts to communicate its strategy and operations to the capital markets.
Regulatory Filings and Corporate Governance
WidePoint files periodic Form 8-K reports that provide insight into its operations and governance. Recent 8-K filings describe:
- Earnings conference calls and associated press releases for quarterly and year-to-date financial results.
- Entry into material definitive agreements, such as the CWMS 2.0 task order for CBP.
- Stockholder voting outcomes on matters including the amendment and restatement of the company’s omnibus incentive plan, ratification of independent accountants, and advisory votes on executive compensation.
These filings, along with the company’s balance sheet and operating statements, provide additional context for investors analyzing WidePoint’s financial condition, capital structure, and governance decisions.
Geographic Footprint
WidePoint’s principal executive office is located in Fairfax, Virginia, as reflected in multiple SEC filings. Earlier descriptions also note that the company generates a majority of its revenue from the United States, with additional revenue from Europe. Its public communications emphasize U.S. federal government clients, as well as government-related operations served through telecommunications partners.
Business Model Characteristics
Based on the company’s own descriptions, WidePoint’s business model centers on:
- Managed services for mobility, identity, and telecom management.
- SaaS platforms, particularly the FedRAMP-authorized ITMS™ Command Center Platform.
- Long-term contracts and task orders with government agencies and large enterprises, often under structured contract vehicles such as Spiral 4 and CWMS 2.0.
- Security and compliance as key differentiators in managing telecom and mobile environments.
Investors and analysts evaluating WYY stock can use these characteristics, drawn directly from WidePoint’s public statements and filings, to understand the nature of its operations and the types of customers and contracts it pursues.
FAQs about WidePoint Corporation (WYY)
- What does WidePoint Corporation do?
WidePoint Corporation is a technology Managed Solution Provider (MSP) that focuses on securing and protecting the mobile workforce and enterprise landscape. It offers solutions in areas such as Identity & Access Management, Mobility Managed Services, Telecom Management, Information Technology as a Service, Cloud Security, and Analytics & Billing as a Service.
- How does WidePoint describe its core technology platform?
WidePoint highlights its FedRAMP-authorized ITMS™ Command Center Platform as a managed mobility platform and system of record for telecom and mobility operations. The company reports that this platform supports government telecom operations and serves as a hub for governmental clients and internal teams of a major telecommunications carrier.
- What is Trusted Mobility Management (TM2) at WidePoint?
Trusted Mobility Management (TM2) is a term WidePoint uses to describe its secure management of mobile devices, telecom services, and related infrastructure under strict security and compliance requirements. The company refers to itself as a federally certified provider of TM2 solutions.
- Which sectors and clients does WidePoint focus on?
WidePoint’s public announcements emphasize work with U.S. federal government agencies, including the Department of Homeland Security components such as U.S. Customs & Border Protection, as well as the U.S. Army. The company also notes a multi-year SaaS contract with a major telecommunications carrier serving government clients, and references federal, state, local, and education agencies.
- What types of contracts has WidePoint reported?
WidePoint has reported task orders and contracts under vehicles such as the Navy Spiral 4 contract and Cellular Wireless Managed Services (CWMS) 2.0. Examples include a task order to deliver managed mobility services for 30,000 cellular lines of service for U.S. Customs & Border Protection and a Spiral 4 task order for an alpha-numeric paging system and managed mobility services for the U.S. Army.
- How does WidePoint characterize its industry role?
WidePoint characterizes itself as an innovative leader in enterprise cybersecurity and mobile technology and as a SaaS FedRAMP solution provider for complex mobility and telecom management in the federal space. It emphasizes security, compliance, and trusted mobility as central to its role.
- Where is WidePoint headquartered?
SEC filings list WidePoint Corporation’s principal executive office in Fairfax, Virginia. This location appears consistently in recent 8-K filings.
- What stock exchange does WidePoint trade on and under what symbol?
WidePoint states that its common stock trades on the NYSE American exchange under the ticker symbol WYY.
- What information about WidePoint is available in SEC filings?
Recent SEC filings for WidePoint include 8-K reports covering earnings conference calls and press releases, entry into material definitive agreements such as the CWMS 2.0 task order, and stockholder votes on matters like the omnibus incentive plan and executive compensation. These filings provide details on financial results, contracts, and corporate governance.
- How does WidePoint present its financial performance metrics?
In its earnings-related communications, WidePoint discusses metrics such as revenues, gross profit, net loss, Adjusted EBITDA, and free cash flow. It explains that Adjusted EBITDA and free cash flow are non-GAAP financial measures and provides reconciliations to GAAP figures in its disclosures.