WidePoint Corporation
WYYWidePoint Corporation (WYY) is a provider of innovative security solutions, including identity management, credentialing, and cybersecurity services. The company specializes in government and enterprise digital identity management, offering solutions such as mobile identity authentication, smart card credentialing, and secure communications. WidePoint serves government agencies, commercial clients, and defense organizations, focusing on safeguarding sensitive information and ensuring secure digital transactions.
Company News
WidePoint Corporation has secured a multi-year SaaS contract with a major telecommunications carrier to deploy its FedRAMP-Authorized ITMS Command Center Platform, managing approximately 2-2.5 million telecom units for government agencies over three years.
Several information technology stocks saw significant price movements in Thursday's pre-market session, with SMX, Nano Dimension, and LeddarTech Holdings among the notable gainers, while American Software, WidePoint, and Sequans Communications were among the decliners.
WidePoint's (WYY) Q1 results are likely to reflect benefits from managed service projects and higher-margin revenue streams.
