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WidePoint Corporation (WYY)

NYSE American - Nasdaq Real Time Price. Currency in USD
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2.9800+0.0490 (+1.67%)
At close: 03:59PM EDT
2.9400 -0.04 (-1.34%)
After hours: 07:30PM EDT
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  • F
    Frank
    This $26M market cap company will have full FedRamp certification soon.
  • S
    Stuart
    W W Y subsidiary IT Authorities awarded three year contract valued at $2.6 million
    It's more good good news from the company
  • r
    rich
    My prediction for Monday is plus 12.4% in revenues, plus 2% EPS YOY and slightly up over last Q. My concern with WYY is their inability to capitalize on their DHS and Census contracts capacities to sign major new contracts. They have to be trying but unsuccessful. More importantly CEO Kang has to share a more positive outlook for the future. At least give us hope that WYY will be a growth Company again.
  • g
    ggrail
    WidePoint receives $53.2M in contracts during Q2

    Jul. 19, 2022 9:44 AM ETWidePoint Corporation (WYY)
    By: Khyathi Dalal, SA News Editor

    WidePoint (NYSE:WYY) received $53.2M+ in contracts during Q2; during the quarter it saw 50+ contractual actions including new awards, renewals, contract extensions and exercised option periods for our Identity and Access Management, Telecom Expense Management and Managed Mobility Services and IT as a Service solutions.

    The quarter also reinforced the synergies across the company's divisions with cross-selling awards.
    New pilot programs initiated in Q2 are underway; the company is seeing that work come to fruition in Q3.

    Source: Seeking Alpha
  • c
    calmstate
    Let's face it, nothing short of earnings improvements is going to move this stock up again...
  • v
    vince
    Looking at financial the market cap is equal to the sales of one quarter, they have more assets than liabilities and they barely lost any money last quarter. The float being only 9 million that is tiny. Definitely looks undervalued to me so i am gonna keep that one for quite a while. Glta.
  • C
    Confirmsummary1970
    Cautiously optimistic BUT again these contracts/orders need to translate into EPS!!!!!!!
  • g
    ggrail
    Congrats on the US Coast Guard's $73.4 M task order under the DHS CWMS BPA2.0.
  • r
    rich
    Share price now at its lowest since CEO Kang took over in 7/17. Investors interest just as low. Not much to be proud of. Is he concerned, most likely yes. Is he capable of changing things around, past experience says yes. We will find out August 15. Another acquisition possible or reduced expenses lift earnings. Signing major contracts seems not likely. Merger or sell?
  • r
    rich
    Coast Guard extending DHS Widepoint contract until Oct 2026 is very encouraging in that Widepoint must be doing very efficient, effective Mobile Management for them. The Coast Guard is one of DHS largest agencies and one would expect the many other agencies to follow.
  • r
    rich
    Widepoints book value is $4.75 while its last closing share price was $2.39. That’s $2.36 below what the company is worth. Something wrong here. No doubt lack of investor Interest because off the negative 12 cents forecast for the year. I suspect one of the problems is retaining personal, etc from the Census buildup expecting another similar type contract or expansion. They can be profitable if they do a major cut in expenses but that would curtail future growth. So what can current investors do.
    CEO Kang has been very successful working with the gov in the past and he must be working hard to expand Widepoint business with them. He has stated a number of times that Widepoints security solutions are some of the best. All we can do now is wait and see if he can make something happen. If he can and with Widepoint being so undervalued it will be a great opportunity. If not ???
  • T
    Ted
    I can no longer access WYY at the FPDS website. Anyone else have that problem? Maybe I used it to much and they're blocking me. I can still look at other company contracts.
  • g
    ggrail
    WYY renewed and increased its LOC from $5,000,000 to $7,000,000.

    Hope it's not for executive pay increases.
  • r
    rich
    Cannot complain about the volume today
  • P
    Pops
    My 4 month ago prediction of not seeing $3 again if their 1st quarter financials were bad, might be in jeopardy. New prediction. if the price goes over $3 then their 2nd quarter financials will drop it back down.
  • P
    Pops
    Kang said 2021 profit would be better than 2020.
    2020 - adj. $.25 per share
    2021 - $.04 per share

    Kang said they would stay a profitable company.
    2022 1st. quarter - loss adj. $.08 per share
    Their current trailing twelve month is a loss.

    Kang said their Managed Service Revenue was growing about 10-12% per year.
    2016 - $34.1 million
    2021 - $35.1 million + ITA's $2.0 million
    2021 - 1st quarter - $9.3 million
    2022 - 1st quarter - $7.9 million + ITA's $1.6 million

    Kang said ITA's 2021 revenue would be $10 million.
    2021 4th qtr. - $2.0 million
    2022 1st qtr. - $1.6 million
  • m
    mott
    Widepoint made a 13 years low this month and as we look to dip below $20m market cap, I am a really proud long.
  • C
    CLEM
    Why no volume today?
  • P
    Pops
    Yesterday, I did a few post stating some negative WYY information. They got plenty of thumbs down. I don't understand, if my information was wrong why not reply with the correct information?
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