WidePoint: Q1 Earnings Snapshot

·1 min read

FAIRFAX, Va. (AP) _ WidePoint Corp. (WYY) on Friday reported first-quarter earnings of $585,000.

On a per-share basis, the Fairfax, Virginia-based company said it had net income of 6 cents.

The information technology services provider posted revenue of $20.7 million in the period.

WidePoint expects full-year earnings to be 12 cents per share, with revenue expected to be $103 million.

WidePoint shares have fallen 30% since the beginning of the year. In the final minutes of trading on Friday, shares hit $7.04, a climb of 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WYY at https://www.zacks.com/ap/WYY

The Associated Press

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