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Despite Fast-paced Momentum, WidePoint (WYY) Is Still a Bargain Stock
ZACKS· 2024-09-09 21:51
Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, invest ...
WidePoint(WYY) - 2024 Q2 - Quarterly Results
2024-08-19 21:00
财务业绩 - 第二季度收入为3600万美元,同比增长35%[3] - 第二季度经调整EBITDA为81.1万美元,同比增长479%[3] - 前6个月收入为7.02亿美元,同比增长35%[4] - 前6个月经调整EBITDA为140万美元,同比增长764%[4] - 公司本季度净亏损[1] 资产负债情况 - 应收账款和未开票应收款有所增加[1] - 存货有所增加[1] - 资本支出包括购置固定资产和资本化的硬件及软件开发成本[1] - 偿还了银行信用额度和融资租赁义务[2] - 支付了员工限制性股票税收[2] - 现金和现金等价物期末余额为4,000,899美元[2] 业务发展 - 公司获得了2.54亿美元的合同修改,将美国国土安全部的无线管理服务2.0合同上限从5亿美元增加到7.54亿美元[2] - 公司被美国海军选为价值27亿美元的10年期Spiral 4合同的7家承包商之一[2] - 公司成功将新的专有MobileAnchor数字凭证部署到一个联邦机构[2] - 公司连续第28个季度实现经调整EBITDA为正[2] - 公司连续第3个季度实现自由现金流为正[2] - 第二季度毛利率为14%,不包括运营商服务收入的毛利率为31%[3]
WidePoint(WYY) - 2024 Q2 - Earnings Call Transcript
2024-08-15 08:30
财务数据和关键指标变化 - 第二季度收入为3600万美元,同比增长35% [34] - 上半年收入为7020万美元,同比增长35% [34] - 第二季度调整后EBITDA为81.1万美元,同比增长479% [8] - 上半年调整后EBITDA为140万美元,同比增长764% [8] - 连续第三个季度实现正自由现金流,从第四季度的31万美元增长到第一季度的56.6万美元和第二季度的80万美元 [9] 各条业务线数据和关键指标变化 - 载波服务收入第二季度为2040万美元,同比增长6.2百万美元 [35] - 上半年载波服务收入为3980万美元,同比增长11.9百万美元 [35] - 托管服务收入第二季度为920万美元,同比增长25% [36] - 上半年托管服务收入为1790万美元,同比增长23% [36] - 可计费服务费第二季度为120万美元,同比下降61.8万美元 [37] - 上半年可计费服务费为240万美元,同比下降67.8万美元 [37] - 转售和其他服务第二季度为520万美元,同比增长150万美元 [37] - 上半年转售和其他服务为1020万美元,同比增长290万美元 [37] 各个市场数据和关键指标变化 - 公司获得了27亿美元的Spiral 4合同,成为7家获得该合同的公司之一 [14] - 公司获得了CWMS 2.0合同的合同修改,将合同上限增加至7.54亿美元,增加了2.54亿美元 [16] 公司战略和发展方向及行业竞争 - 公司正在积极投资销售和营销,以提高在大型IDIQ合同中的竞争力 [21][22][24] - 公司推出了新的MobileAnchor数字凭证解决方案,在身份管理领域领先于竞争对手 [28][29] - 公司正在积极申请FedRAMP认证,这将增强其在联邦政府市场的竞争力 [48] - 公司正在积极追求CWMS 3.0和SEWP VI等大型IDIQ合同,这些合同将为公司带来长期增长机会 [19][20] 管理层对经营环境和未来前景的评论 - 管理层对公司的未来前景保持乐观,预计2025年实现正收益 [50][51][52] - 管理层认为公司在关键的网络安全和移动管理领域提供关键服务,不会受到政治因素的重大影响 [49] 其他重要信息 - 公司任命了Michelle Richards担任CWMS项目负责人,她拥有丰富的行业和政府合同经验 [17][18] - 公司建立了项目管理办公室模式,以提高在大型IDIQ合同中的执行能力 [21] 问答环节重要的提问和回答 问题1 **Barry Sine 提问** 询问CWMS 3.0合同的具体情况,包括合同金额、时间安排等 [55][57][58][59] **Jin Kang 回答** - CWMS 3.0合同预计金额为12-15亿美元,为期10年 [57] - 公司有信心凭借过往业绩和系统集成优势赢得该合同 [58] - 公司正积极准备,以确保在合同重新竞标时占据有利地位 [58] 问题2 **Barry Sine 提问** 询问MobileAnchor数字凭证解决方案的具体情况 [75][78][79][80][81] **Jason Holloway 回答** - MobileAnchor可以将数字凭证直接部署到智能手机上,提供最高级别的移动数字凭证安全性 [78][79] - 这一突破性技术使公司在网络身份管理领域领先于竞争对手 [29][79] - 该解决方案将有助于公司从竞争对手那里赢得业务 [29] 问题3 **Barry Sine 提问** 询问公司现金流和应收账款的具体情况 [83][84][85][86][87][88][89][90] **Robert George 回答** - 新客户项目实施导致应收账款和DSO上升,但预计到年底将恢复正常水平 [84][85][86] - 公司有大量未开票的应收账款,这些将在未来转为现金流 [87][88] - 公司有充足的流动性,包括4000万美元的信用额度,不会依赖此额度 [45][46]
WidePoint(WYY) - 2024 Q2 - Quarterly Report
2024-08-15 04:06
收入增长 - 公司收入增长35%,达到7040万美元[169,172] - 承接新的联邦政府合同,带动运营商服务收入增长约12百万美元[173,155] - 托管服务收入增长约4百万美元,主要来自第三、四季度新获得的联邦和商业客户[174] - 转售和其他服务收入增长约2.8百万美元,主要由于客户需求和活动增加[176] 盈利能力 - 毛利率保持稳定在31%左右[162] - 公司成本收入比为86%,较上年同期85%有所上升[177] - 毛利率为14%,较上年同期15%有所下降[178] - 剔除运营商服务的毛利率为31%,较上年同期32%略有下降[179] 费用管控 - 销售和营销费用维持在收入的2%左右[163] - 管理费用增加主要由于股份支付费用增加[165] - 销售和营销费用占收入比例为2%,与上年同期持平[181] - 管理费用占收入比例为13%,较上年同期15%有所下降[182] - 折旧和摊销费用为50.86万美元,较上年同期52.95万美元有所下降[183] 盈利情况 - 净亏损同比减少34.25万美元至49.96万美元[168] - 净亏损为110万美元,较上年同期180万美元有所改善[186] 现金流 - 公司流动资金净额为240万美元,较上年末140万美元有所增加[188] - 经营活动现金流为-240万美元,上年同期为100万美元流入[189]
WidePoint to Present at the 2024 Gateway Conference on September 4 at 9:00 a.m. Pacific Time
GlobeNewswire News Room· 2024-08-06 21:00
FAIRFAX, Va., Aug. 06, 2024 (GLOBE NEWSWIRE) -- WidePoint Corporation (NYSE American: WYY), the innovative enterprise cyber security and mobile technology provider, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. WidePoint's management team is scheduled to present on Wednesday, September 4 at 9:00 a.m. Pacific Time (PT). The presentation will be webcast live and available for replay here. In addition to the pre ...
WidePoint(WYY) - 2024 Q1 - Quarterly Results
2024-05-20 19:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 17, 2024 WidePoint Corporation (Exact Name of Registrant as Specified in Charter) Delaware 001-33035 52-2040275 (State or Other Jurisdiction (Commission (I.R.S. Employer of Incorporation) File Number) Identification No.) 11250 Waples Mill Road, South Tower 210, Fairfax, Virginia 22030 (Addr ...
WidePoint(WYY) - 2024 Q1 - Earnings Call Transcript
2024-05-16 07:49
WidePoint Corporation (NYSE:WYY) Q1 2024 Earnings Conference Call May 15, 2024 4:30 PM ET Company Participants Jin Kang - President and CEO Jason Holloway - Chief Revenue Officer Robert George - Chief Financial Officer Conference Call Participants Barry Sine - Litchfield Hills Research Operator Good afternoon. Welcome to WidePoint's First Quarter 2024 Earnings Conference Call. My name is Kelly, and I'll be your operator for today's call. Joining us for today's presentation are WidePoint's President and CEO, ...
WidePoint(WYY) - 2024 Q1 - Quarterly Report
2024-05-16 04:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to ___________________ Commission File Number: 001-33035 WidePoint Corporation (Exact name of Registrant as specified in its charter) Delaware 52-204 ...
WidePoint(WYY) - 2023 Q4 - Earnings Call Transcript
2024-03-27 07:27
WidePoint Corporation (NYSE:WYY) Q4 2023 Results Conference Call March 26, 2024 4:30 PM ET Company Participants Jin Kang - President, CEO and Director Jason Holloway - Chief Revenue Officer Robert George - Executive VP and CFO Conference Call Participants Scott Buck - H.C. Wainwright Operator Good afternoon. Welcome to WidePoint's Fourth Quarter and Full Year 2023 Earnings Conference Call. My name is Matthew, and I'll be your operator for today's call. Joining us for today's presentation are WidePoint's Pre ...
WidePoint(WYY) - 2023 Q4 - Annual Report
2024-03-27 04:47
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to ___________________ Commission File Number: 001-33035 WidePoint Corporation (Exact name of Registrant as specified in its charter) Delaware 52-2040275 ( ...