WidePoint Corporation reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was USD 23.34 million. Net loss was USD 8.89 million. Basic loss per share from continuing operations was USD 1.02. Diluted loss per share from continuing operations was USD 1.02.
For the full year, sales was USD 94.1 million compared to USD 87.34 million a year ago. Net loss was USD 23.59 million compared to net income of USD 0.341096 million a year ago. Basic loss per share from continuing operations was USD 2.7 compared to basic earnings per share from continuing operations of USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 2.7 compared to diluted earnings per share from continuing operations of USD 0.04 a year ago.