WidePoint (WYY) Reports Q1 Loss of $0.01 on Revenues of $21.0M

WidePoint (NYSE: WYY) reported Q1 EPS of ($0.01). Revenue for the quarter came in at $20.1 million versus the consensus estimate of $18.15 million.

First Quarter 2018 Highlights (Comparisons versus First Quarter 2017)

• Revenue grew 8% to $20.1 million
• Operating expenses declined 13% to $4.0 million
• Net loss reduced to $0.5 million from $1.2 million
• Adjusted EBITDA was $0.1 million as compared to ($0.7) million

For earnings history and earnings-related data on WidePoint (WYY) click here.

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