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Wireless

iPass narrows losses as revenues continue lower in Q2

Thursday 9 August 2018 | 12:30 CET | News
iPass reduced its losses in the second quarter despite a continued fall in revenues. Revenues dropped to USD 10.5 million from USD 11.4 million a year ago as increased churn in its enterprise connectivity business was offset by the first revenues from its expansion into licensing. The adjusted EBITDA loss reduced to USD 3.7 million from USD 4.4 million, and the net loss narrowed to USD 4.5 million from USD 5.3 million a year ago. 

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Categories: Mobile & Wireless
Companies: iPass
Countries: World
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