Wall Street analysts expect that WidePoint Corporation (NASDAQ:WYY) will post sales of $23.34 million for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for WidePoint’s earnings, with estimates ranging from $23.17 million to $23.50 million. WidePoint reported sales of $21.29 million in the same quarter last year, which indicates a positive year over year growth rate of 9.6%. The business is expected to report its next earnings results on Wednesday, November 13th.

On average, analysts expect that WidePoint will report full-year sales of $91.90 million for the current year, with estimates ranging from $90.92 million to $92.88 million. For the next financial year, analysts anticipate that the business will report sales of $100.33 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover WidePoint.

NASDAQ:WYY traded down $0.01 during mid-day trading on Tuesday, hitting $0.33. 288,200 shares of the company’s stock were exchanged, compared to its average volume of 184,666. The company has a 50 day simple moving average of $0.38 and a 200-day simple moving average of $0.44. WidePoint has a fifty-two week low of $0.31 and a fifty-two week high of $0.63.

WidePoint Company Profile

WidePoint Corporation provides trusted mobility management (TM2) solutions to the government and commercial sectors in North America and Europe. It offers federally certified secure identity management and communications solutions through a proprietary portal. The company provides telecom lifecycle management solutions to corporations, governments, and not-for-profit organizations that provide visibility of telecom assets enabling clients to secure and manage the telecom assets; and telecom bill presentment analytical solutions, including bill presentment, subscriber data intelligence, and hosted voice analytics to communications service providers.

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