WidePoint Corporation (WYY) announced positive financial results for FY23 with revenues of approximately $106 million, surpassing estimates of $104.16 million. The company highlighted its 26th consecutive quarter of positive Adjusted EBITDA and a substantial federal contract backlog of $359 million as of December 31, 2023. WidePoint expects double-digit percentage growth in revenue for 2024, driven by strong demand and strategic operational achievements. The company's focus on Identity & Access Management (IAM), Telecommunications, and Managed Mobility Services (MMS) among others, has positioned it for continued growth. WidePoint's strategic investments and product developments, including the Intelligent Telecommunications Management System (ITMS) and Unified Communication Analytics Application, are expected to fuel long-term growth.