---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-003604"
form_type: "8-K"
ticker: "WYY"
cik: "0001034760"
company_name: "WIDEPOINT CORP"
filed_at: "2023-03-27T23:59:59+00:00"
generated_at: "2026-06-17T14:15:30.778703+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WidePoint FY2022 revenue $94.1M (+8% YoY), net loss $23.6M; Q4 net loss $8.9M

## Summary
- Full year revenue $94.1M (+8% YoY); net loss $23.6M ($2.70 diluted loss per share).
- Q4 2022 revenue $23.3M; net loss $8.9M ($1.02 diluted loss per share).
- Adjusted EBITDA $1.1M for FY2022 and $561K for Q4 2022 (non-GAAP).
- Executed 15 contractual actions totaling >$5.7M in new funding for next 12 months.
- Terminated ATM Sales Agreement on March 27, 2023; share repurchase program on hold.

## SEC filing metadata
- accession: 0001654954-23-003604
- form_type: 8-K
- ticker: WYY
- cik: 0001034760
- company_name: WIDEPOINT CORP
- filed_at: 2023-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034760/000165495423003604/0001654954-23-003604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034760/000165495423003604/wyy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-003604
- JSON: https://secwatch.observer/filing/0001654954-23-003604.json
- Plain text: https://secwatch.observer/filing/0001654954-23-003604.txt

## Key facts
- Earnings Releases
  WIDEPOINT CORP reported Fourth Quarter 2022 results: revenue $23.3 million, net income $8.9 million, EPS $(1.02) per diluted share.
  - Period: Fourth Quarter 2022
  - Revenue: $23.3 million
  - Net income: $8.9 million
  - EPS: $(1.02) per diluted share
  - Result: reported results
  source text: · Revenues were $23.3 million · Managed Services and billable fees revenue increased to $8.4 million · Gross margin was 15% · Net loss totaled $8.9 million, or a loss of $(1.02) per diluted share · Adjusted EBITDA, a non-GAAP financial measure, was $561,000 · As of December 31, 2022, cash and cash equivalents equaled $7.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034760/000165495423003604/0001654954-23-003604-index.htm
- Earnings Releases
  WIDEPOINT CORP reported Full Year 2022 results: revenue $94.1 million, net income $23.6 million, EPS $(2.70) per diluted share.
  - Period: Full Year 2022
  - Revenue: $94.1 million
  - Net income: $23.6 million
  - EPS: $(2.70) per diluted share
  - Result: reported results
  source text: · Revenues grew 8% to $94.1 million · Managed Services and billable fees revenue increased to $28.1 million · Gross margin was 15% · Net loss totaled $23.6 million, or a loss of $(2.70) per diluted share · Adjusted EBITDA, a non-GAAP financial measure, was $1.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034760/000165495423003604/0001654954-23-003604-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.