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Recap: Boingo Wireless Q3 Earnings

Benzinga Insights
·1 min read

Shares of Boingo Wireless (NASDAQ:WIFI) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 0.00% over the past year to ($0.07), which beat the estimate of ($0.11).

Revenue of $58,754,000 declined by 9.20% year over year, which missed the estimate of $59,370,000.

Outlook

Boingo Wireless hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Nov 09, 2020

View more earnings on WIFI

Time: 04:30 PM

ET Webcast URL: http://public.viavid.com/player/index.php?id=141928

Price Action

52-week high: $15.92

Company's 52-week low was at $6.66

Price action over last quarter: down 22.24%

Company Description

Boingo Wireless Inc is a provider of wireless connectivity solutions for smartphones, tablets, laptops, wearables and other wireless-enabled consumer devices. It acquires long-term wireless rights at large venues like airports, transportation hubs, stadiums, arenas, military bases, universities, convention centers, and office campuses; build high-quality wireless networks such as distributed antenna systems ("DAS"), Wi-Fi, and small cells at those venues; and monetize the wireless networks through several products and services. Boingo generates most of its revenue from distributed antenna systems ("DAS").

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