WidePoint (WYY) Reports Q1 Loss of $0.01 on Revenues of $21.0M
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WidePoint Corporation Reports First Quarter 2018 Results
May 14, 2018 4:05 PM EDTMCLEAN, Va., May 14, 2018 /PRNewswire/ --Â WidePoint Corporation (NYSE American: WYY) a leading provider of Trusted Mobility Management (TM2) specializing in Telecommunication Lifecycle Management, Identity Management, and Bill Presentment & Analytics solutions, announced financial results for the first quarter ended March 31, 2018.
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"I'm pleased with the progress we've made on... More
