WidePoint Q1 2024 EPS $(0.07) Up From $(0.11) YoY; Revenue $34.2M Up From $25.3M YoY
Portfolio Pulse from Benzinga Newsdesk
WidePoint reported its Q1 2024 earnings with an EPS of $(0.07), an improvement from $(0.11) year-over-year. Revenue increased to $34.2 million from $25.3 million year-over-year.
May 15, 2024 | 8:32 pm
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WidePoint's Q1 2024 earnings show a significant improvement in both EPS and revenue compared to the previous year. EPS improved to $(0.07) from $(0.11) and revenue increased to $34.2 million from $25.3 million.
The improvement in both EPS and revenue indicates positive financial performance and growth for WidePoint. This is likely to have a positive short-term impact on the stock price as investors react to the better-than-expected results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100