iPass Reports First Quarter 2015 Financial Results

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Go back to iPass Reports First Quarter 2015 Financial Results

iPass (IPAS) Tops Q1 EPS by 3c

May 7, 2015 4:33 PM EDT

iPass (NASDAQ: IPAS) reported Q1 EPS of ($0.05), $0.03 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $16.6 million versus the consensus estimate of $16.7 million.

iPass sees Q2 2015 revenue of $15.4-17.4 million, versus the consensus of $17.4 million.

"On the last earnings call, I said that you should expect change across many fronts, and to expect that we would consume less cash, accelerate the time to profitability, and initiate new product offerings to fuel our growth," said Gary Griffiths, iPass president and CEO. "Since that time,... More