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iPass (IPAS) Misses Q3 EPS by 3c; Guides, $0.16 Special Dividend, $10M Buyback

November 5, 2009 4:59 PM EST
IPAS Hot Sheet
EPS Growth %: +33.3%

Financial Fact:
Research and development: 3.7M

Today's EPS Names:
BRLI, TLB, TNP, More
iPass Inc. (NASDAQ: IPAS) reports Q3 loss of $0.02, 3 cents below the analyst estimate of $0.01. Revenue for the quarter was $42.6 million, which compares to the estimate of $42.25 million.

iPass sees Q4 loss of $0.03-breakeven, versus the consensus of a $0.02 gain.

To pay special cash of $0.16 in Q4. Also announces $10 share buyback.

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