Washington DC
WidePoint reports $192,000 loss in third quarter
Fairfax-based IT services company WidePoint posted $45.1 million in Q3 revenue but reported a small loss.
Photo: Jackson, William Henry / Public domain, via Wikimedia Commons
WidePoint Corp., an information technology services provider based in Fairfax, Virginia, reported a loss of $192,000 for its third quarter, according to WTOP.
The company said this loss translates to 2 cents per share for the period. Despite the loss, WidePoint posted revenue of $45.1 million in the quarter.
This financial update reflects the company's recent performance but does not include further guidance or outlook statements.
Investors and local stakeholders may watch for future earnings reports to see if WidePoint returns to profitability.
Sources
We read public reporting and official data, confirm what we can, and write our own story. See something wrong? Request a correction.
Comments
No comments yet.
Sign in to comment