iPass (IPAS) Misses Q4 EPS by 1c

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iPass Reports Fourth Quarter 2015 Financial Results

February 17, 2016 4:05 PM EST

REDWOOD SHORES, CA -- (Marketwired) -- 02/17/16 -- iPass Inc. (NASDAQ: IPAS), a leading provider of global mobile connectivity, announced total revenue of $15.4 million and $62.6 million for the quarter and year ended December 31, 2015, respectively. Adjusted EBITDA loss was $1.4 million and $7.3 million for the quarter and year ended December 31, 2015, respectively.

"We firmly believe 2016 will be our first year of revenue growth in the last eight years, and we are committed to generating positive Adjusted EBITDA," said... More