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Wireless

iPass sees better 2018 after weak Q4

Thursday 22 February 2018 | 11:27 CET | News
Wi-Fi network operator iPass said revenues for the fourth quarter fell to USD 13.2 million from 16.1 million the year before, with the net loss widening to USD 4.3 million from a loss the year earlier of 1.3 million and the adjusted EBITDA loss also going higher to 3.8 million from a loss of 0.5 million. For the full year, revenues declined to USD 54.4 million from 63.2 million while the net loss increased to USD 20.6 million from a loss of 7.8 million and the adjusted EBITDA loss jumped higher to USD 16.5 million from a loss of 3.2 million.

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Categories: Mobile & Wireless
Companies: iPass
Countries: World
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