iPass Reports Second Quarter 2015 Financial Results
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iPass (IPAS) Misses Q2 EPS by 3c
August 10, 2015 4:03 PM EDTiPass (NASDAQ: IPAS) reported Q2 EPS of ($0.10), $0.03 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $15.6 million versus the consensus estimate of $16.49 million.
iPass sees Q3 2015 revenue of $15-17 million.
"Since joining iPass five months ago, our mantra has been change," said iPass CEO Gary Griffiths. "Change has been realized across all elements of the company, from a new board of directors, a new sales model, a new expense structure, and a new product roadmap. Moreover, we have a new and significantly smaller executive team that has done more... More
