WidePoint Corporation (NYSE:WYY) shares jumped 16.48% to $10.46 in after-hours trading on Thursday after the Virginia-based secure mobile management provider reported first-quarter results, topping both revenue and earnings per share estimates.
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EPS Crushes Estimates by 108%
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For the quarter ended Mar. 31, WidePoint posted EPS of $0.01, beating the analyst estimate of negative $0.12 by 108.33%, while revenue of $40.60 million came in 6.66% above the $38.07 million analyst forecast.
