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Wireless

Boingo Wireless Q2 results beat expectations

Friday 9 August 2013 | 10:57 CET | News
Wi-Fi and DAS provider Boingo Wireless reported revenue of USD 26.2 million for the second quarter, up from USD 24.3 million a year earlier and better than the company's guidance. The company said it saw growth in the retail and advertising sectors, while the wholesale business stabilised. It posted a net loss of USD 0.4 million or 1 cent a share, compared to a profit of USD 1.5 million or 4 cents a share a year ago. Adjusted EBITDA fell to USD 6.1 million from USD 6.8 million, but was better than forecast by the company. Boingo reiterated its full-year guidance and forecast for the third

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Categories: Mobile & Wireless
Companies: Boingo Wireless
Countries: United States
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