WidePoint Corporation (AMEX:WYY) is reporting third quarter financial results on Monday 16th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, WYY is expected to report 3Q20 income of $ 0.05 per share from revenue of $ 44.80 million.
For the full year, analysts anticipate top line of $ 179.00 million, while looking forward to income of $ 0.20 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 185.00 million ~ $ 195.00 million
Click Here For More Historical Outlooks Of WidePoint Corporation
Previous Quarter Performance
WidePoint Corporation disclosed income for the second quarter of $ 0.01 per share, from the revenue of $ 54.78 million. Street analysts expected $ 46.65 million. The top line results outshined analysts by $ 8.13 million or 17.43 percent.
Stock Performance
On Friday, shares of WidePoint Corporation has traded high as $ 8.00 and has cracked $ 7.30 on the downward trend, reaching $ 7.84 with volume of 235.60 thousand shares.
According to the previous trading day, closing price of $ 7.84, representing a 139.33 % increase from the 52 week low of $ 3.00 and a 27.47 % decrease over the 52 week high of $ 9.90.
The company has a market capital of $ 66.18 million and is part of the Technology sector and Information Technology Services industry.
Conference Call
WidePoint Corporation will be hosting a conference call at 4:30 PM eastern time on 16th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, (844) 407-9500 U.S. or (862) 298-0850 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.widepoint.com
WidePoint Corporation provides trusted mobility management solutions to the government and commercial sectors in North America and Europe. It offers federally certified secure identity management and communications solutions through a proprietary portal. The company provides telecom lifecycle management, mobile and identity management, and telecom bill presentment and analytics solutions.
