iPass (IPAS) Misses Q2 EPS by 3c
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iPass Reports Second Quarter 2015 Financial Results
August 10, 2015 4:00 PM EDTREDWOOD SHORES, CA -- (Marketwired) -- 08/10/15 -- iPass Inc. (NASDAQ: IPAS), the world's largest commercial Wi-Fi network, today announced financial results for the second quarter 2015.
Financial Highlights
Total revenue in the second quarter of 2015 was $15.6 million compared with $16.6 million in the first quarter of 2015 and $17.8 million in the second quarter of 2014 (from continuing operations). Total revenue in the second quarter included a $1.0 million write down upon renewal of committed platform fees with one of iPass' original OM carrier channel partners. Operating Expense (excluding restructuring... MoreiPass Gains Access to Devicescape Wi-Fi Network
August 10, 2015 7:00 AM EDTREDWOOD SHORES, CA -- (Marketwired) -- 08/10/15 -- iPass Inc. (NASDAQ: IPAS) the world's largest commercial Wi-Fi network, today announced a strategic partnership with Devicescape, making iPass the world's largest Wi-Fi network. Under the terms of the alliance, iPass will integrate the Devicescape Curated Virtual Network (CVN) into its global Wi-Fi network, allowing iPass customers access to Devicescape's amenity Wi-Fi network of over 20M hotspots worldwide.
"With the launch of the iPass Unlimited Wi-Fi service in April, we opened up the opportunity to be everywhere," said iPass CEO Gary Griffiths. "On our first... More
