WidePoint Q3 2023 EPS $(0.10) Down From $(0.06) YoY, Sales $25.73M Up From $25.27M YoY
Portfolio Pulse from vinayak@benzinga.com
WidePoint Corporation reported a larger loss in Q3 2023 with EPS at $(0.10), compared to $(0.06) in the same quarter last year. However, sales increased slightly to $25.73M from $25.27M in the previous year.
November 14, 2023 | 10:05 pm
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NEGATIVE IMPACT
WidePoint Corporation experienced a greater loss per share in Q3 2023 compared to the same quarter last year, but reported a small increase in sales.
The increased loss per share is typically seen as a negative indicator for profitability and may lead to a decrease in investor confidence and stock price. However, the slight increase in sales may offset some negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100