WidePoint Corporation (WYY) Cotización

Cool, this could end up being huge, judging by previous comments from the CEO.

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/widepoint-achieves-fedramp-authorized-status-for-its-intelligent-t-989608
It is looking good!

And the press release, therein:

http://archive.fast-edgar.com/20250219/AWBEN22CZ222DTZ2222A2ZZEMDPRZS22I272/wyy_ex991.htm

8K today:

http://archive.fast-edgar.com/20250219/AWBEN22CZ222DTZ2222A2ZZEMDPRZS22I272/

From Fidelity this morning:

A A A
All Content and Data provided by Third-Parties — Terms of Use
WidePoint Expects To Exceed Its FY24 Revenue Guidance And Meet Or Surpass Its 24 Guidance For Adj EBITDA And Free Cash Flow
BENZINGA 9:11 AM ET 2/18/2025

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/widepoint-subsidiary-soft-ex-launches-m365-analyzer-977970

WidePoint Subsidiary Soft-ex Launches M365 Analyzer
Topic:

Company Update
Monday, 03 February 2025 09:00 AM


FAIRFAX, VA / ACCESS Newswire / February 3, 2025 / WidePoint Corporation (NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, announced that its subsidiary Soft-ex Communications has just launched M365 Analyzer solution for Microsoft clients.

This new M365 Analyzer solution delivers a unique dashboard, detailing volumes and costs with clear ROIs and actionable insights. The solution also includes a new License Management module to manage typical challenges of M365 optimization including purchased but unassigned licenses; unused or underutilized licenses; and duplicated licenses. Gartner has indicated that companies could achieve an average of 30% reduction in cost by more active management of their M365 licenses.

Tangible benefits for Enterprises include compelling cost savings by optimizing licenses and enhanced visibility to continually manage M365 subscriptions more effectively. Additional benefits include improved compliance and risk management, ensuring that licenses are used correctly and meet internal policy requirements and if required, reallocated to where they are needed most within the organization.

Ian Sparling CEO of Soft-ex stated: "We are delighted to launch this new solution at a time when companies are reassessing and optimizing their Microsoft infrastructure. For the channels and distributors of Microsoft Modern Workplace solutions, who also sell our M365 Analyzer solution, they can benefit from gaining incremental recurring revenue with increased margins and a solution which allows them to differentiate service offerings and achieve true customer loyalty."

Jin Kang, CEO of WidePoint added: "Soft-ex is constantly innovating. With much of the business world and government using Microsoft solutions, it is of significant value-add that Soft-ex now launches a solution to optimize this M365 landscape."

About WidePoint
WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service, Cloud Security, and Analytics & Billing as a Service (ABaaS). To learn more, visit https://www.widepoint.com

About Soft-ex
Soft-ex is part of the WidePoint Group. Soft-ex provides organizations with actionable intelligence to help extract value and derive opportunities from their communication and collaboration data. Backed by a growing roster of global partners, Soft-ex is trusted by organizations across the public and private sectors in over 90 countries. Headquartered in Ireland, Soft-ex is a Microsoft Gold partner. To learn about Soft-ex and M365 Analyzer or to schedule a demonstration, please contact sales@soft-ex.net or visit soft-ex.net.

WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation

https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/widepoint-completes-full-integration-of-subsidiary-it-authorities-973779
WYY keeps on going forward.

WYY is on the penny stocks to watch in January. Can we expect anything, next week?

https://www.axios.com/2023/08/08/ransomware-schools-k12-cyber-white-house-plan
K12 schools is a WidePoint initiative. Things may be taking off.

Thanks!

Perhaps this item for this recent SP performance:

https://bahhumbug.shop/products/the-lingering-scent-of-disappointment-candle

Merry Christmas!

www.bahhumbug.shop
You can buy all your Christmas gifts, here.
Merry Christmas!

Bah Humbug.

https://www.accesswire.com/951474/widepoint-partners-with-22vets-technologies-for-smart-city-internet-of-things-program
WidePoint Partners with 22Vets Technologies for Smart City Internet of Things Program
Monday, 09 December 2024 09:00 AM

ACCESSWIRE | Article Logo
WidePoint Corporation

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Topic:
Company Update
WidePoint's Identity & Access Management Solution Selected to Deliver Cyber, Physical, Managed and Integration Security Services

FAIRFAX, VA / ACCESSWIRE / December 9, 2024 / WidePoint Corporation (NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, announced a new contract award in partnership with 22Vets Technologies ("22Vets"). WidePoint will deliver Non-Federal Issuer ("NFI") for PIV-Interoperable credentials in support of a global energy service company's new Smart City Internet of Things ("IoT") program.

Jin Kang, WidePoint's Chief Executive Officer, stated: "WidePoint and 22Vets are developing numerous opportunities for our technology management solutions. This award marries the strengths of both companies: WidePoint's innovative Identity & Access Management technology with 22Vets's IoT expertise and service excellence. This contract pilots what is envisioned to be a nationwide roll-out to create safer communities. We are excited that WidePoint has been recognized as the most secure credential provider and anticipate other awards stemming from this pilot."

Chris Pedersen, 22Vets Chief Solutions Officer, stated: "22Vets Technologies is committed to providing two public safety initiatives, CommunityFirst and StudentFirst Security programs, which integrate cyber, physical and critical infrastructure security services. 22Vets Technologies is honored to partner with WidePoint on these programs. 22Vets will integrate the smart city initiatives of a global technology solutions integrator with WidePoint's cybersecurity and PKI offering to deliver on this award."

About WidePoint

WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service, Cloud Security, and Analytics & Billing as a Service (ABaaS). To learn more, visit https://www.widepoint.com

About 22Vets Technologies:

22Vets Technologies is an IT Solution Integrator providing Cyber, Physical, Managed and Integration Security Services. A Service-Disabled Veteran-Owned Small Business, 22Vets Technologies increases Veteran value by donating a majority of earned revenue to the lifesaving programs for our Veterans that 22Vets Technologies has provided for more than a decade through their non-profit partners and the 22Vets Foundation. To learn more, visit https://www.22vetsllc.com

WidePoint Investor Relations:

Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation

https://finance.yahoo.com/news/widepoint-corporation-wyy-stock-rises-170319961.html
They still have the aim of $7.00 for WYY.

https://ut-3.co.uk/pc-as-a-service?utm_term=daas%20services&utm_campaign=Daas+-+General+Campaign+-+Exact+%26+Phrase&utm_source=adwords&utm_medium=ppc&hsa_acc=9219350792&hsa_cam=20082953424&hsa_grp=152528817967&hsa_ad=657440294610&hsa_src=s&hsa_tgt=kwd-586721816632&hsa_kw=daas%20services&hsa_mt=p&hsa_net=adwords&hsa_ver=3&gad_source=5&gclid=EAIaIQobChMI4cf5_7XtiQMVQ6ODBx1DVzG_EAAYAiAAEgL4e_D_BwE
Interesting!

MobileAnchor does sound like a significant step forward.

Will 2025 be the first $200M revenue year? Could be.

https://www.widepoint.com/widepoint-certifies-new-proprietary-mobileanchor-digital-credential-for-mobile-devices/
Found this, and thanks, Bull_Dolphin. I look forward to hearing more about the DAAS partnership.

Earnings call transcript:

http://archive.fast-edgar.com/20241120/AGBON22CZC22LTZF222A2ZZIMNPRZS22Z262/wyy_ex991.htm

Perhaps after we get over the insider sell.

Great! When's the party?

My multi-year struggle owning WWY crossed into the black today.

The punishment just didn't make sense ... 3 quarters in a row of 35% year over year growth. I mean c'mon!
Nice to see the last two days action.

I think someone heard you...

I guess WYY is getting punished for rock solid year over year quarterly revenue growth of 35%.
Go figure!

On Fidelity this morning:

HC Wainwright & Co. Reiterates Buy on WidePoint, Maintains $7 Price Target
BENZINGA 8:24 AM ET 11/14/2024
Symbol Last Price Change
WYY 4.03up 0 (0%)
QUOTES AS OF 04:10:00 PM ET 11/13/2024
HC Wainwright & Co. analyst Scott Buck reiterates WidePoint(WYY) with a Buy and maintains $7 price target.

https://www.accesswire.com/941990/widepoint-reports-third-quarter-2024-financial-results

Q3 2024:

https://finance.yahoo.com/news/widepoint-2-other-promising-us-130907433.html
Share price is improving.

https://finance.yahoo.com/news/widepoint-wyy-may-report-negative-150019264.html

WidePoint (WYY) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Zacks Equity Research
Wed, November 6, 2024 at 3:00 PM GMT 4 min read


In This Article:
WYY
+2.47%
The market expects WidePoint (WYY) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.


The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November 13. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus Estimate
This information technology services provider is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of +30%.

Revenues are expected to be $30.41 million, up 18.2% from the year-ago quarter.

Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 112.5% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.


Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for WidePoint?
For WidePoint, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -7.69%.

On the other hand, the stock currently carries a Zacks Rank of #3.

So, this combination makes it difficult to conclusively predict that WidePoint will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?
While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that WidePoint would post a loss of $0.08 per share when it actually produced a loss of $0.05, delivering a surprise of +37.50%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

WidePoint doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

WidePoint Corporation (WYY) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

Hoping for $37M or above.
We'll see what happens.

https://feeds.issuerdirect.com/news-release.html?newsid=6832552310803797
WidePoint Sets Third Quarter 2024 Conference Call for Wednesday, November 13, 2024 at 4:30 p.m. ET
FAIRFAX, VA / ACCESSWIRE / October 31, 2024 / WidePoint Corporation (NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, will hold a conference call on Wednesday, November 13, 2024, at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. Financial results will be issued in a press release prior to the call.

WidePoint's management will host the conference call, followed by a question and answer period.

Date: Wednesday, November 13, 2024
Time: 4:30 p.m. ET (1:30 p.m. PT)
U.S. dial-in number: 888-506-0062
International number: 973-528-0011
Access Code: 392210

Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact Gateway Group at (949) 574-3860.

The conference call will be broadcast live and available for replay here and via the investor relations section of the company's website. A replay of the conference call will be available after 7:30 p.m. ET on the same day through Wednesday, November 27, 2024.

Toll-free replay number: 877-481-4010
International replay number: 919-882-2331
Replay ID: 51501

About WidePoint

WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

WidePoint Investor Relations:

Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation



View the original press release on accesswire.com

I'll have to sit up late, again!

https://feeds.issuerdirect.com/news-release.html?newsid=7050881202739330
WidePoint's Subsidiary IT Authorities Awarded More than $1.7 Million in Cisco and Managed IT Services Contracts
FAIRFAX, VA / ACCESSWIRE / October 30, 2024 / WidePoint Corporation(NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, announced that its subsidiary IT Authorities ("ITA") has been awarded more than $1.7 million in Cisco and Managed IT Services contracts.

Jin Kang, WidePoint's Chief Executive Officer, stated: "These contracts, including $1.4 million in previously disclosed awards dated Q3 2024, illustrate the value and resilience of ITA. Many of these contracts were awarded while business slowed significantly in Florida due to the hurricanes. We are grateful that our team was not directly impacted and proud that WidePoint has been able to provide tech services and support to companies in the region without interruption."

The contracts include Managed IT Services and Cisco solutions to:

Three beverage distributors

A sports marketing firm

A child development and education outreach center

One of Florida's most popular attractions and research centers

A data management firm

A new Cisco Enterprise Agreement valued at $300,000 to be recognized in Q4 2024

Jason Holloway, WidePoint's Chief Revenue Officer, added: "We are proud of the ITA team for expanding services to numerous important clients and for deepening our partnership with Cisco through Cisco SMARTnet and Meraki solutions."

About WidePoint
WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation



View the original press release on accesswire.com

On Fidelity:

--HC Wainwright Initiates WidePoint at Buy, $7 Price Target
MT NEWSWIRES 7:57 AM ET 10/24/2024
07:57 AM EDT, 10/24/2024 (MT Newswires) --

Price: 3.9600, Change: +0.28, Percent Change: +7.61


MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

©http://www.mtnewswires.com Copyright © 2024 MT Newswires. All rights reserved.

https://feeds.issuerdirect.com/news-release.html?newsid=5156006166469431

October 23, 2024 2:00 PM
WidePoint Awarded More than $15.2 Million in New and Renewal Contracts in Q3 2024
FAIRFAX, VA / ACCESSWIRE / October 23, 2024 / WidePoint Corporation(NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, announced it was awarded approximately $15.2 million in contract awards and renewals during the third quarter of 2024.

Jin Kang, WidePoint's Chief Executive Officer, stated: "Q3 2024 confirms that each of WidePoint's solution lines is gaining market momentum. We are proud that our offerings are being recognized by commercial and government enterprises as the preferred technology partner for managing and securing devices, staff and mobile environments. We are excited to see this momentum continuing through Q4 2024 and into 2025."

Highlights include:

More than 39 contractual actions resulting in approximately $15.2 million in contract value

Approximately $3.2 million in commercial contracts

Approximately $12 million in government contracts

New orders for WidePoint's MobileAnchor™ Derived Digital Credentials from federal defense and civilian agencies

Multi-year managed technology services contracts

Multiple commercial MMS contracts including leading transportation, insurance and healthcare companies

A major mobility management program for a new federal civilian agency client went live after months of implementation, marking the success of another strategic partnership

Jason Holloway, WidePoint's Chief Revenue Officer, stated: "Q3 2024 was particularly noteworthy for WidePoint's PKI and Identity & Access Management business development initiatives with the launch of MobileAnchor™ Derived Digital Credentials.We are now fielding numerous pilot programs and are seeing increased interest in this next generation Derived Digital Credential offering."

About WidePoint

WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM, Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation



View the original press release on accesswire.com

I saw a news bulletin about Berkshire Hathaway selling a load of stock and I wondered what they are saving their pennies for? Must be something big.

Lots of activity lately and we're back on the good side of the 50DMA. Maybe something good in the wind.

https://www.accesswire.com/929914/widepoint-to-present-at-the-17th-annual-ld-micro-main-event-on-wednesday-october-30th-at-800-am-pt

WidePoint to Present at the 17th Annual LD Micro Main Event on Wednesday, October 30th at 8:00 a.m. PT
Monday, 14 October 2024 09:00 AM

FAIRFAX, VA / ACCESSWIRE / October 14, 2024 / WidePoint Corporation (NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, will be attending the 17th annual LD Micro Main Event on October 28-30, 2024 at the Luxe Sunset Boulevard Hotel in Los Angeles, California.

WidePoint is scheduled to present on Wednesday, October 30th at 8:00 a.m. Pacific time, with one-on-one meetings to be held throughout the conference. The presentation will also be available for viewing online here. To receive additional information or to schedule a one-on-one meeting, please email WYY@gateway-grp.com.

This three-day event will feature presentations from the management teams of approximately 150 companies across multiple industries to showcase the next generation of exceptional, innovative companies in the micro-cap space.

About WidePoint

WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

WidePoint Investor Relations:

Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation

Just waiting for the recognition of that little piece of hardware and when that happens, as the record says, the whole world starting to go boom.

What's shaking here? Big volume suddenly.

On Fidelity this morning:

Top Premarket Gainers
MT NEWSWIRES 7:30 AM ET 10/8/2024
Symbol Last Price Change
OTRK 1.82down 0 (0%)
ORKA 26up 0 (0%)
LFLY 1.94up 0 (0%)
WYY 3.39down 0 (0%)
QUOTES AS OF 04:00:00 PM ET 10/07/2024
07:30 AM EDT, 10/08/2024 (MT Newswires) -- Ontrak(OTRK) shares soared 67% pre-bell Tuesday following a 6.7% drop in the previous session.

Accolade (ACCD) shares increased 6% after the company reported improved fiscal Q2 financial results.

Oruka Therapeutics (ORKA) shares rose 9% following a 2% increase in the previous session.

Leafly Holdings (LFLY) shares advanced 9% after Monday's 3.7% gain.

Widepoint (WYY) shares were up 9%, erasing Monday's losses.

Price: 3.0500, Change: +1.23, Percent Change: +67.58


MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

©http://www.mtnewswires.com Copyright © 2024 MT Newswires. All rights reserved.

Seeking Alpha -
"Worst performing U.S. technology stocks over the past 3 months".

Obviously, there is something we know that they don't.
---------------------------------------------------------------------------------------------

I hope "Helene" didn't flood you out again!

They just posted it on Fidelity:

WidePoint Awarded Federal Contract for Identity, Access Management Services
MT NEWSWIRES 11:03 AM ET 9/30/2024
Symbol Last Price Change
WYY 3.41up +0.08 (+2.4024%)
QUOTES AS OF 10:24:28 AM ET 09/30/2024
11:03 AM EDT, 09/30/2024 (MT Newswires) -- WidePoint(WYY) said Monday it was awarded a one-year contract from a federal civilian agency to provide identity and access management services through its MobileAnchor derived digital credentials.

Financial terms weren't disclosed.

The company said MobileAnchor provides enhanced security for mobile digital credentials and can be combined with device biometrics for multi-factor authentication.

Shares of WidePoint(WYY) were up 2.4% in recent Monday trading.

Price: 3.41, Change: +0.08, Percent Change: +2.40


MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

©http://www.mtnewswires.com Copyright © 2024 MT Newswires. All rights reserved.

https://feeds.issuerdirect.com/news-release.html?newsid=5457021683986373

WidePoint Awarded New Federal Contract for MobileAnchor Derived Digital Identity & Access Management Credentials
FAIRFAX, VA / ACCESSWIRE / September 30, 2024 / WidePoint Corporation (NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, announced it has been awarded a new one-year agreement for MobileAnchor™ Derived Digital Credentials for a Federal Civilian Agency. WidePoint will provide identity and access management services and support through its recently developed proprietary MobileAnchor™ Derived Digital Credential.

Jin Kang, WidePoint's Chief Executive Officer, stated: "WidePoint is proud to be awarded this contract for a Federal Civilian Agency, a new client for WidePoint. This award recognizes WidePoint's MobileAnchor™ as the Derived Digital Credential that provides the highest level of security for mobile digital credentials. It also speaks to the fact that MobileAnchor has applicability within the entire Federal market space."

Jason Holloway, WidePoint's Chief Revenue Officer, added: "This allows users to access secure resources using their mobile device, even when a PIV card is not practical. The positive response to MobileAnchor™ is resounding. This award is another illustration that technology experts see the value of MobileAnchor™ and its unique benefits of providing the most secure level of Identity & Access Management."

The unique benefits of WidePoint's MobileAnchor™ Derived Digital Credentials include:

1. Enhanced Security:

Direct Integration: WidePoint's MobileAnchor™ generates a digital credential directly on the device, can leverage device-specific security features, such as hardware-based secure elements (e.g., TPM or SE) and biometric authentication, ensuring high levels of security.

Reduced Attack Surface: WidePoint's MobileAnchor™ direct integration can minimize potential vulnerabilities associated with additional layers or intermediaries.

2. User Convenience:

Seamless Access: Users can directly access applications and services without needing to navigate through an additional Mobile Device Management (MDM) interface or container, streamlining the user experience.

Integrated MFA: WidePoint's MobileAnchor™ can be combined with device biometrics (fingerprint, face recognition) for seamless multi-factor authentication (MFA).

3. Simplified Deployment:

Less Overhead: Deploying and managing WidePoint's MobileAnchor™ Derived Credentials directly on the device can be more straightforward compared to managing credentials within an MDM container, reducing administrative overhead.

4. Flexibility and Compatibility:

Native Support: WidePoint's MobileAnchor™ can be supported natively by many modern operating systems and applications, ensuring better integration and compatibility.

About WidePoint

WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity & Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation

There sure are some strange goings on with this stock. Opening trade 7069 shares @ $3.23.... next trade $3.42.

WidePoint mention posted on Fidelity:

ProMIS Neurosciences And 2 Other Stocks Under $5 Executives Are Buying
BENZINGA 9:17 AM ET 9/19/2024
Symbol Last Price Change
WYY 3.46down 0 (0%)
PMN 1.24down 0 (0%)
EMMA 0.016down 0 (0%)
QUOTES AS OF 04:10:00 PM ET 09/18/2024
The Dow Jones index closed lower by over 100 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform.

WidePoint
The Trade: WidePoint Corporation(WYY)CEO Jin Kang bought a total of 1,000 shares at an average price of $3.50. To acquire these shares, it cost around $3,499.
What's Happening: On Aug. 14, WidePoint(WYY) posted a second-quarter GAAP loss of 5 cents per share.
What WidePoint Does: WidePoint Corp (WYY) is a provider of Technology Management as a Service (TMaaS) that consists of federally certified communications management, identity management, interactive bill presentment and analytics, and Information Technology as a Service solution.
ProMIS Neurosciences
The Trade: ProMIS Neurosciences, Inc.(PMN) 10% owner Michael S Gordon acquired a total of 93,223 shares at an average price of $1.25. To acquire these shares, it cost around $116,880.
What's Happening: On Aug. 29, ProMIS Neurosciences(PMN) filed for resale from time to time of 56.5 million common shares of the company by selling stockholders.
What ProMIS Neurosciences Does: ProMIS Neurosciences Inc (PMN) is a clinical-stage biotechnology company focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA).
Emmaus Life Sciences
The Trade: Emmaus Life Sciences, Inc. (EMMA) Director Seah H. Lim acquired a total of 20,000 shares at an average price of $0.04. The insider spent around $800 to buy those shares.
What's Happening: On Sept. 10, the company said net revenues for the six months ended June 30 were $7.9 million, down from $17.5 million in the year-ago period.
What Emmaus Life Sciences Does: Emmaus Life Sciences Inc (EMMA) is a biopharmaceutical company engaged in the discovery, development, and commercialization of new treatments and therapies predominantly for rare and orphan diseases.
Read Next:

https://finance.yahoo.com/news/despite-fast-paced-momentum-widepoint-125006721.html
Just a reminder...

Absolutely worth a read! Thanks Methinks

https://cdn.prod.website-files.com/620edb8d96dca415fe5e419c/66ce17cd35ef272e0f9cb2b4_WYY%20%20Littllefield%20Hills%20Research%20Report_Q2%202024%20Results_August%2015%202024.pdf

https://investors.widepoint.com/news

Well worth a read!

From WidePoint -
WidePoint to Present at the H.C. Wainwright 26th Annual Global Investment Conference on September 11, 2024
FAIRFAX, VA / ACCESSWIRE / August 27, 2024 / WidePoint Corporation (NYSE American:WYY), the innovative enterprise cyber security and mobile technology provider, will be presenting and holding one-on-one meetings at the H.C. Wainwright 26th Annual Global Investment Conference on September 9-11, 2024 at the Lotte New York Palace Hotel in New York City.

WidePoint management is scheduled to present on Wednesday, September 11, 2024, at 1:30 PM Eastern time, with in-person one-one-one meetings to be held throughout the conference.

To receive additional information or to schedule a one-on-one meeting, please email WYY@gateway-grp.com.

About WidePoint

WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

It sure seems so.