Wall Street analysts forecast that WidePoint Corporation (NASDAQ:WYY) will announce $21.14 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for WidePoint’s earnings, with the lowest sales estimate coming in at $20.00 million and the highest estimate coming in at $22.28 million. WidePoint reported sales of $17.54 million during the same quarter last year, which would suggest a positive year over year growth rate of 20.5%. The company is scheduled to announce its next quarterly earnings results on Tuesday, August 13th.

According to Zacks, analysts expect that WidePoint will report full-year sales of $92.13 million for the current financial year, with estimates ranging from $90.92 million to $93.34 million. For the next fiscal year, analysts anticipate that the company will post sales of $100.76 million. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover WidePoint.

Shares of NASDAQ:WYY remained flat at $$0.43 on Thursday. 2,800 shares of the company’s stock were exchanged, compared to its average volume of 163,558. WidePoint has a 52 week low of $0.38 and a 52 week high of $0.63. The business has a fifty day simple moving average of $0.45.

WidePoint Company Profile

WidePoint Corporation provides trusted mobility management (TM2) solutions to the government and commercial sectors in North America and Europe. It offers federally certified secure identity management and communications solutions through a proprietary portal. The company provides telecom lifecycle management solutions to corporations, governments, and not-for-profit organizations that provide visibility of telecom assets enabling clients to secure and manage the telecom assets; and telecom bill presentment analytical solutions, including bill presentment, subscriber data intelligence, and hosted voice analytics to communications service providers.

Featured Story: What are the benefits of a portfolio tracker?

Get a free copy of the Zacks research report on WidePoint (WYY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for WidePoint Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WidePoint and related companies with MarketBeat.com's FREE daily email newsletter.