WidePoint (WYY) Tops Q3 EPS by 1c
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WidePoint Corporation Reports Third Quarter 2016 Financial Results
November 9, 2016 4:05 PM ESTMCLEAN, Va., Nov. 9, 2016 /PRNewswire/ -- WidePoint Corporation (NYSE Mkt: WYY), a leading provider of Managed Mobility Services (MMS) specializing in Cybersecurity and Telecommunications Lifecycle Management (TLM) solutions, today announced financial results for the third quarter ended September 30, 2016.
Third Quarter 2016 Financial Highlights
Net revenue was approximately $22.1 million, up 30% compared to $17.0 million in the third quarter of 2015 Gross profit was approximately $4.0 million, up 29% compared to $3.1 million in the third quarter of 2015 Net Loss improved approximately $1.6 million to ($148,000) compared to net loss of approximately... More