NetworkNewsBreaks – WidePoint Corporation (NYSE: WYY) Forecasts Strong 2017 Performance on Key Corporate Variables
WidePoint Corporation (NYSE: WYY) provides managed mobility services, telecommunications lifecycle management, and cybersecurity solutions. Since its first merger in 1998, WidePoint has demonstrated a pattern of growth through strategic mergers with highly specialized regional IT consulting companies, most of which have been in business for decades. In November 2016, WidePoint posted third-quarter net revenue of approximately $22.1 million, an increase of 30% compared to $17.0 million in the third quarter of 2015. The company also cut its net loss to $148,000 in the third quarter of 2016 compared to a loss of $1.8 million in the year ago quarter. WidePoint was also operationally…