WidePoint Corporation Reports Second Quarter 2018 Results

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Go back to WidePoint Corporation Reports Second Quarter 2018 Results

WidePoint (WYY) Reports In-Line Q2 EPS, Revenues Miss

August 14, 2018 4:09 PM EDT

WidePoint (NYSE: WYY) reported Q2 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $17.54 million versus the consensus estimate of $17.9 million.

Revenue was $17.5 million compared to $18.9 millionGross profit improved 8% to $3.5 millionOperating expenses declined 12% to $4.0 millionNet loss reduced to $0.5... More