WidePoint Corp (WYY): From Fidelity: WidePoint Acquires Clo...

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Monday, 10/04/2021 3:02:35 PM

Monday, October 04, 2021 3:02:35 PM

From Fidelity:

WidePoint Acquires Cloud Services Provider IT Authorities

MT NEWSWIRES 11:50 AM ET 10/4/2021
Symbol Last Price Change
WYY 5.31down +0.17 (+3.3074%)
QUOTES AS OF 02:08:32 PM ET 10/04/2021
11:50 AM EDT, 10/04/2021 (MT Newswires) -- WidePoint(WYY) said on Monday it has acquired IT Authorities, a provider of cloud services and other IT services.

IT Authorities, with a customer base of 110 clients across a range of industries throughout North America, is expected to strengthen the company's footprint in managed services, cloud, and cybersecurity markets.

IT Authorities expects to report annualized revenue of about $10 million and adjusted EBITDA of about $1.5 million for 2021.

A conference call to discuss the deal is scheduled for Monday at 11:00 AM ET, WidePoint(WYY) added.

Price: 5.26, Change: +0.12, Percent Change: +2.33

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

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Recent WYY News

Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 02:07:32 PM
Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/06/2024 10:26:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/29/2024 02:30:35 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/29/2023 05:15:13 PM
Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 12/27/2023 09:41:01 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 01:31:32 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:02:27 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/16/2023 12:30:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/18/2023 06:33:34 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:08:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2023 08:59:00 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2023 08:57:11 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2023 08:55:15 PM
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Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2023 08:50:43 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/08/2023 08:48:45 PM
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