WidePoint Co. (WYY) Expected to Earn FY2018 Earnings of ($0.01) Per Share

WidePoint Co. (NYSEAMERICAN:WYY) – Equities researchers at Dawson James issued their FY2018 earnings estimates for WidePoint in a note issued to investors on Monday, December 3rd. Dawson James analyst B. Sine anticipates that the technology company will post earnings per share of ($0.01) for the year. Dawson James has a “Buy” rating on the stock. Dawson James also issued estimates for WidePoint’s Q4 2018 earnings at $0.00 EPS, Q1 2019 earnings at $0.00 EPS, Q2 2019 earnings at $0.00 EPS, Q3 2019 earnings at $0.00 EPS, Q4 2019 earnings at $0.00 EPS, FY2019 earnings at $0.00 EPS, Q1 2020 earnings at $0.00 EPS, Q2 2020 earnings at $0.00 EPS, Q3 2020 earnings at $0.00 EPS and FY2020 earnings at $0.00 EPS.

Separately, B. Riley restated a “buy” rating on shares of WidePoint in a research report on Monday, November 12th.

Shares of NYSEAMERICAN WYY opened at $0.49 on Thursday. WidePoint has a one year low of $0.40 and a one year high of $0.73.

An institutional investor recently raised its position in WidePoint stock. Renaissance Technologies LLC increased its holdings in WidePoint Co. (NYSEAMERICAN:WYY) by 129.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 490,600 shares of the technology company’s stock after buying an additional 277,099 shares during the period. Renaissance Technologies LLC owned about 0.59% of WidePoint worth $270,000 as of its most recent SEC filing.

In related news, Director Morton S. Taubman sold 106,383 shares of the business’s stock in a transaction dated Friday, November 30th. The shares were sold at an average price of $0.47, for a total value of $50,000.01. The transaction was disclosed in a document filed with the SEC, which is available through this link.

WidePoint Company Profile

WidePoint Corporation provides trusted mobility management (TM2) solutions to the government and commercial sectors in North America and Europe. It offers federally certified secure identity management and communications solutions through a proprietary portal. The company provides telecom lifecycle management solutions to corporations, governments, and not-for-profit organizations that provide visibility of telecom assets enabling clients to secure and manage the telecom assets; and telecom bill presentment analytical solutions, including bill presentment, subscriber data intelligence, and hosted voice analytics to communications service providers.

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Earnings History and Estimates for WidePoint (NYSEAMERICAN:WYY)

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