WidePoint Secures NASA SEWP VI Contract Award
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 13 hours ago
0mins
Source: Newsfilter
- Significant Contract Value: WidePoint has been awarded the NASA SEWP VI contract, which has a total procurement ceiling of $60 billion and includes a five-year base period with five one-year options, indicating a potential for substantial orders over the next 15 years that could significantly enhance the company's market share and revenue potential.
- Strategic Growth Platform: CEO Jin Kang stated that the SEWP VI contract represents a transformational growth platform for WidePoint, enabling the company to more effectively connect federal customers with its full suite of solutions, accelerate procurement timelines, and scale mission-critical support, thereby enhancing its competitiveness in the government market.
- Diverse Service Capabilities: Through SEWP VI, WidePoint can offer a wide range of services including cloud solutions, cybersecurity, IT services, and lifecycle support, addressing the increasing demands of the federal government and further solidifying its position as a preferred government partner.
- Enhanced Market Access: The SEWP VI contract provides WidePoint with unprecedented access to agency buyers across civil, defense, and intelligence communities, facilitating collaboration with government agencies and driving sustainable business growth.
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Analyst Views on WYY
Wall Street analysts forecast WYY stock price to fall
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 13.710
Low
9.00
Averages
9.00
High
9.00
Current: 13.710
Low
9.00
Averages
9.00
High
9.00
About WYY
WidePoint Corporation is a technology managed solution provider. Its technology management as a service (TMaaS) framework combines its core capabilities into a single secure comprehensive enterprise-wide solution set that offers its customers the ability to securely enable and manage their mobile information technology (IT) and telecommunication assets. Its managed services include telecom lifecycle management, mobile and identity management, digital billing and unified communications analytics solutions and IT as a service. It offers comprehensive telecom lifecycle management solutions to enterprises both in the public and the private sectors. It also offers mobile security solutions that protect users, devices, and corporate resources. It offers interactive billing communications and analytics solutions to large communications service providers. It provides an IT as a service offering (ITaaS), including cybersecurity, cloud services, network operations, and professional services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
WidePoint Secures NASA SEWP VI Contract Award
- Significant Contract Value: WidePoint has been awarded the NASA SEWP VI contract, which has a total procurement ceiling of $60 billion and includes a five-year base period with five one-year options, indicating a potential for substantial orders over the next 15 years that could significantly enhance the company's market share and revenue potential.
- Strategic Growth Platform: CEO Jin Kang stated that the SEWP VI contract represents a transformational growth platform for WidePoint, enabling the company to more effectively connect federal customers with its full suite of solutions, accelerate procurement timelines, and scale mission-critical support, thereby enhancing its competitiveness in the government market.
- Diverse Service Capabilities: Through SEWP VI, WidePoint can offer a wide range of services including cloud solutions, cybersecurity, IT services, and lifecycle support, addressing the increasing demands of the federal government and further solidifying its position as a preferred government partner.
- Enhanced Market Access: The SEWP VI contract provides WidePoint with unprecedented access to agency buyers across civil, defense, and intelligence communities, facilitating collaboration with government agencies and driving sustainable business growth.
See More
WidePoint Corporation Reschedules 2026 Annual Meeting of Stockholders
- Meeting Rescheduling: WidePoint Corporation has announced the rescheduling of its 2026 Annual Meeting of Stockholders from June 19, 2026, to June 17, 2026, at 10:00 a.m. EDT for administrative reasons, ensuring a smooth meeting process.
- Voting Instructions: Stockholders can submit proxy votes via telephone or internet, with all proxy votes required to be submitted by 11:59 p.m. EDT on June 16, 2026, safeguarding stockholder voting rights.
- Online Participation: Stockholders will have the opportunity to participate in the annual meeting online, vote electronically, and submit questions during the meeting, enhancing engagement and communication between the company and its shareholders.
- Company Overview: WidePoint Corporation is a leading technology Managed Solution Provider focused on securing mobile workforces, offering solutions such as Identity & Access Management and Mobility Managed Services, aimed at enhancing enterprise security.
See More
WidePoint Scheduled to Announce Q1 Earnings Results
- Earnings Announcement Date: WidePoint (WYY) is set to announce its Q1 earnings on May 14th after market close, with a consensus EPS estimate of -$0.12, reflecting a 50% year-over-year decline, indicating significant profitability challenges for the company.
- Revenue Growth Expectations: The revenue estimate for Q1 stands at $38.07 million, representing an 11.3% year-over-year increase, suggesting that despite declining profitability, the company may exhibit resilience in its market position.
- Historical Performance Review: Over the past two years, WidePoint has not met EPS estimates 0% of the time, while it has beaten revenue estimates 75% of the time, indicating a relatively stable performance in revenue generation, though profitability remains a concern.
- Recent Earnings Performance: In its latest earnings report, WidePoint reported a GAAP EPS of -$0.09, missing estimates by $0.03, while revenue reached $42.3 million, exceeding expectations by $2.02 million, highlighting the company's potential for revenue growth despite profitability issues.
See More
WidePoint to Host Q1 2026 Financial Results Conference Call
- Conference Call Scheduled: WidePoint Corporation will hold a conference call on May 14, 2026, at 4:30 p.m. ET to discuss its Q1 financial results ending March 31, 2026, with results released beforehand to inform investors of performance metrics.
- Dial-in Information: Investors can join the call using the U.S. number 888-506-0062 or the international number 973-528-0011, and are encouraged to call 5-10 minutes early for registration, reflecting the company's commitment to investor communication.
- Replay Availability: The call will be broadcast live and available for replay after 7:30 p.m. ET on the same day until May 28, 2026, allowing investors who cannot attend live to access the information, thus enhancing transparency and engagement.
- Company Overview: WidePoint is a leading Managed Solution Provider focused on securing mobile workforces, offering innovative technology solutions such as Identity & Access Management and Mobility Managed Services, showcasing its competitive edge and commitment to industry leadership.
See More
WidePoint Reports 12% Q4 Revenue Growth but Increased Net Loss
- Revenue Growth: WidePoint Corp (WYY) reported Q4 revenue of $42.3 million, a 12% increase year-over-year, with full-year revenue reaching $150.5 million, reflecting stable market performance despite facing other financial challenges.
- SaaS Contract Signing: The company secured a $40 million to $45 million SaaS contract with a major mobile telecom carrier, expected to enhance margins starting in the second half of 2026, indicating positive strategic progress in partnerships.
- Cash Flow Position: WidePoint maintained $9.8 million in unrestricted cash at year-end, ensuring financial flexibility, although free cash flow decreased to $814,000 from $2.5 million last year, reflecting pressure on cash management.
- Rising Administrative Costs: General and administrative expenses rose to $19.7 million for the year, primarily due to increased employee compensation and health insurance costs, highlighting challenges in operational cost control.
See More
WidePoint Q4 Earnings Beat Expectations with Revenue Growth
- Earnings Highlights: WidePoint reported a Q4 GAAP EPS of -$0.09, missing estimates by $0.03, yet achieved revenue of $42.3 million, a 12.2% year-over-year increase that beat expectations by $2.02 million, indicating resilience and growth potential in the market.
- Adjusted EBITDA Growth: The adjusted EBITDA stood at $460,000, reflecting a 34% increase from Q3 2025, showcasing significant progress in cost control and operational efficiency, thereby strengthening the foundation for future profitability.
- Cash Flow and Debt Position: As of December 31, 2025, the company reported no bank debt with unrestricted cash of $9.8 million and free cash flow of $335,000, a 3% increase from Q3, indicating a solid financial health status.
- Contract Backlog and Annual Performance: The contract backlog was approximately $223 million, with full-year revenues reaching $150.5 million, an increase of $8 million from the previous year, and a gross margin of 14%, demonstrating the company's ability to expand market share while maintaining stable revenue growth.
See More
WidePoint Secures NASA SEWP VI Contract Award
- Significant Contract Value: WidePoint has been awarded the NASA SEWP VI contract, which has a total procurement ceiling of $60 billion and includes a five-year base period with five one-year options, indicating a potential for substantial orders over the next 15 years that could significantly enhance the company's market share and revenue potential.
- Strategic Growth Platform: CEO Jin Kang stated that the SEWP VI contract represents a transformational growth platform for WidePoint, enabling the company to more effectively connect federal customers with its full suite of solutions, accelerate procurement timelines, and scale mission-critical support, thereby enhancing its competitiveness in the government market.
- Diverse Service Capabilities: Through SEWP VI, WidePoint can offer a wide range of services including cloud solutions, cybersecurity, IT services, and lifecycle support, addressing the increasing demands of the federal government and further solidifying its position as a preferred government partner.
- Enhanced Market Access: The SEWP VI contract provides WidePoint with unprecedented access to agency buyers across civil, defense, and intelligence communities, facilitating collaboration with government agencies and driving sustainable business growth.
See More
WidePoint Corporation Reschedules 2026 Annual Meeting of Stockholders
- Meeting Rescheduling: WidePoint Corporation has announced the rescheduling of its 2026 Annual Meeting of Stockholders from June 19, 2026, to June 17, 2026, at 10:00 a.m. EDT for administrative reasons, ensuring a smooth meeting process.
- Voting Instructions: Stockholders can submit proxy votes via telephone or internet, with all proxy votes required to be submitted by 11:59 p.m. EDT on June 16, 2026, safeguarding stockholder voting rights.
- Online Participation: Stockholders will have the opportunity to participate in the annual meeting online, vote electronically, and submit questions during the meeting, enhancing engagement and communication between the company and its shareholders.
- Company Overview: WidePoint Corporation is a leading technology Managed Solution Provider focused on securing mobile workforces, offering solutions such as Identity & Access Management and Mobility Managed Services, aimed at enhancing enterprise security.
See More
WidePoint Scheduled to Announce Q1 Earnings Results
- Earnings Announcement Date: WidePoint (WYY) is set to announce its Q1 earnings on May 14th after market close, with a consensus EPS estimate of -$0.12, reflecting a 50% year-over-year decline, indicating significant profitability challenges for the company.
- Revenue Growth Expectations: The revenue estimate for Q1 stands at $38.07 million, representing an 11.3% year-over-year increase, suggesting that despite declining profitability, the company may exhibit resilience in its market position.
- Historical Performance Review: Over the past two years, WidePoint has not met EPS estimates 0% of the time, while it has beaten revenue estimates 75% of the time, indicating a relatively stable performance in revenue generation, though profitability remains a concern.
- Recent Earnings Performance: In its latest earnings report, WidePoint reported a GAAP EPS of -$0.09, missing estimates by $0.03, while revenue reached $42.3 million, exceeding expectations by $2.02 million, highlighting the company's potential for revenue growth despite profitability issues.
See More
WidePoint to Host Q1 2026 Financial Results Conference Call
- Conference Call Scheduled: WidePoint Corporation will hold a conference call on May 14, 2026, at 4:30 p.m. ET to discuss its Q1 financial results ending March 31, 2026, with results released beforehand to inform investors of performance metrics.
- Dial-in Information: Investors can join the call using the U.S. number 888-506-0062 or the international number 973-528-0011, and are encouraged to call 5-10 minutes early for registration, reflecting the company's commitment to investor communication.
- Replay Availability: The call will be broadcast live and available for replay after 7:30 p.m. ET on the same day until May 28, 2026, allowing investors who cannot attend live to access the information, thus enhancing transparency and engagement.
- Company Overview: WidePoint is a leading Managed Solution Provider focused on securing mobile workforces, offering innovative technology solutions such as Identity & Access Management and Mobility Managed Services, showcasing its competitive edge and commitment to industry leadership.
See More
WidePoint Reports 12% Q4 Revenue Growth but Increased Net Loss
- Revenue Growth: WidePoint Corp (WYY) reported Q4 revenue of $42.3 million, a 12% increase year-over-year, with full-year revenue reaching $150.5 million, reflecting stable market performance despite facing other financial challenges.
- SaaS Contract Signing: The company secured a $40 million to $45 million SaaS contract with a major mobile telecom carrier, expected to enhance margins starting in the second half of 2026, indicating positive strategic progress in partnerships.
- Cash Flow Position: WidePoint maintained $9.8 million in unrestricted cash at year-end, ensuring financial flexibility, although free cash flow decreased to $814,000 from $2.5 million last year, reflecting pressure on cash management.
- Rising Administrative Costs: General and administrative expenses rose to $19.7 million for the year, primarily due to increased employee compensation and health insurance costs, highlighting challenges in operational cost control.
See More
WidePoint Q4 Earnings Beat Expectations with Revenue Growth
- Earnings Highlights: WidePoint reported a Q4 GAAP EPS of -$0.09, missing estimates by $0.03, yet achieved revenue of $42.3 million, a 12.2% year-over-year increase that beat expectations by $2.02 million, indicating resilience and growth potential in the market.
- Adjusted EBITDA Growth: The adjusted EBITDA stood at $460,000, reflecting a 34% increase from Q3 2025, showcasing significant progress in cost control and operational efficiency, thereby strengthening the foundation for future profitability.
- Cash Flow and Debt Position: As of December 31, 2025, the company reported no bank debt with unrestricted cash of $9.8 million and free cash flow of $335,000, a 3% increase from Q3, indicating a solid financial health status.
- Contract Backlog and Annual Performance: The contract backlog was approximately $223 million, with full-year revenues reaching $150.5 million, an increase of $8 million from the previous year, and a gross margin of 14%, demonstrating the company's ability to expand market share while maintaining stable revenue growth.
See More
