Will Growing Federal IT Spending Boost WYY's Revenue Pipeline?
Key Takeaways WidePoint is positioned to benefit from rising federal IT spending and growing contract momentum. WYY gained FedRAMP authorization and is progressing under DoD's Spiral 4 and DHS' CWMS 3.0 efforts. With a recent stock drop, WYY trades at a low 0.18X P/S ratio, far below the 1.81X industry average.WidePoint Corporation (WYY) appears well-positioned to benefit from rising federal IT spending, particularly through its strategic alignment with key government priorities and growing contract momen ...