WidePoint Q2 2024 GAAP EPS $(0.05) Beats $(0.08) Estimate, Sales $36.04M Up From $26.76M YoY
Portfolio Pulse from Benzinga Newsdesk
WidePoint (AMEX:WYY) reported Q2 2024 GAAP EPS of $(0.05), beating the analyst estimate of $(0.08) by 37.5%. Sales increased by 34.67% YoY to $36.04M. This represents a significant improvement over the same period last year.
August 14, 2024 | 8:30 pm
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WidePoint reported better-than-expected Q2 2024 earnings with a GAAP EPS of $(0.05), beating the $(0.08) estimate. Sales also increased by 34.67% YoY to $36.04M.
WidePoint's better-than-expected earnings and significant YoY sales growth are positive indicators for the company's short-term stock performance. Beating EPS estimates by 37.5% and achieving a 34.67% increase in sales suggest strong operational performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100