secwatch.observer — SEC 8-K summary
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Issuer:     WIDEPOINT CORP (WYY)
CIK:        0001034760
Form:       8-K
Filed at:   2024-11-20T23:59:59+00:00
Accession:  0001654954-24-014695
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WidePoint Q3 revenue $34.6M (+35% YoY); net loss narrows to $425K; adjusted EBITDA up 149%
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- Revenue of $34.6M for Q3 2024, a 35% increase YoY.
- Net loss improved to ($425K) or ($0.04) per diluted share vs ($921K) a year ago.
- Adjusted EBITDA of $574K, up 149% YoY; 29th consecutive quarter positive.
- Free cash flow of $511K, a 120% improvement; cash $5.6M with no bank debt.
- Contract awards in Q3 totaled $15.2M, including $1.4M IT-as-a-Service contracts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034760/000165495424014695/0001654954-24-014695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034760/000165495424014695/wyy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-014695

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