Investing.com - Widepoint (NYSE:WYY) C reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Widepoint C announced earnings per share of $-0.060 on revenue of $25.3M. Analysts polled by Investing.com anticipated EPS of $-0.030 on revenue of $23.82M.
Widepoint C shares are down 63% from the beginning of the year, still down 53.51% from its 52 week high of $5.27 set on November 15, 2021.
Widepoint C follows other major Information Technology sector earnings this month
Widepoint C's report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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