Recent earnings Highlights
WidePoint (NYSEMKT:WYY) is up 10.5% postmarket after essentially breaking even and surprising to the revenue upside in its Q3 earnings.
Revenues jumped 39% to $29.6M, and gross profit rose by 17%, to $4.3M.
Net income came to $184,000.
And EBITDA rose to $949,000, marking a ninth straight quarter in the green.
"We continued building on the momentum we generated in the first half of the year by growing the topline to drive towards consistent bottom-line profitability,” says CEO Jin Kang.
For the full year, it's reiterating guidance for revenue of $90M-$93M and EBITDA of $2.75M-$3.5M.
WidePoint (NYSEMKT:WYY) is up 10.5% postmarket after essentially breaking even and surprising to the revenue upside in its Q3 earnings.
Revenues jumped 39% to $29.6M, and gross profit rose by 17%, to $4.3M.
Net income came to $184,000.
And EBITDA rose to $949,000, marking a ninth straight quarter in the green.
"We continued building on the momentum we generated in the first half of the year by growing the topline to drive towards consistent bottom-line profitability,” says CEO Jin Kang.
For the full year, it's reiterating guidance for revenue of $90M-$93M and EBITDA of $2.75M-$3.5M.
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