WidePoint Co.

WidePoint reported a net profit of $66,000 and revenue of $38.0 million for Q2 2026, but missed the implied revenue guidance of $42.22 million and the EPS expectation of $0.0233. Adjusted EBITDA and free cash flow improved, yet the stock fell 8.43% in after-hours trading to $10.65. Management points to large contract wins such as CWMS 3.0 and SEWP VI and expects these contracts could materially show up in the 2027 results, but warns of an ongoing protest, implementation risks and near-term cost pressure. » Więcej na de.investing.com

Widepoint shares dropped 12.2% after director John J. Fitzgerald disclosed in an SEC Form 4 filing the sale of 15,000 common shares at a weighted average price of $15.63. The shares were sold in multiple transactions between $15.58 and $15.81. After the sale, Fitzgerald still holds 90,414 shares; he provides more detailed breakdowns of the individual transaction sizes on request. » Więcej na de.investing.com

WidePoint reported that deployment of its FedRAMP Authorized ITMS Command Center for a major U.S. telecommunications carrier is on schedule, with the carrier expanding the implementation to cover additional operational requirements. The expansion added approximately $1.0 million in integration services and WidePoint expects another purchase order near $1.0 million for further integrations and enhancements. The underlying SaaS agreement, unchanged since November 2025, is forecast to generate about $40–45 million in recurring SaaS revenue over five years based on 2.0–2.5 million managed devices. Separately, WidePoint was named single awardee on DHS's CWMS 3.0 contract, a 10-year IDIQ with a ceiling of about $3.1 billion. » Więcej na finance.yahoo.com