WYY Q2 Earnings Match Estimates, Revenues Miss on Reselling Dip
WidePoint reported Q2 earnings that matched estimates, with revenues up 1.9% year over year. Lower reselling and other services revenues offset growth in carrier and managed services.
Why it matters — WYY watchers would note that while earnings met expectations, the revenue miss was driven by weakness in reselling and other services, partially balanced by strength in carrier and managed services.