Boingo Wireless (WIFI) Tops Q1 EPS by 27c; Issues Light Q2 Outlook

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Go back to Boingo Wireless (WIFI) Tops Q1 EPS by 27c; Issues Light Q2 Outlook

Boingo Wireless Reports Strong First Quarter 2016 Financial Results

May 5, 2016 4:01 PM EDT

Revenue of $34.5 million at high-end of guidance range and increased 17.4% year-over-year Adjusted EBITDA of $5.1 million exceeded guidance and increased 60.8% year-over-year DAS nodes of 12,500 increased 40.4% year-over-year Boingo Broadband covered 250,000 beds on military bases with 27.6% subscriber penetration

LOS ANGELES--(BUSINESS WIRE)-- Boingo Wireless (NASDAQ: WIFI), the leading distributed antenna system (DAS) and Wi-Fi provider that serves consumers, carriers and advertisers worldwide, today announced the Companys financial results for the first quarter ended March 31, 2016.

First Quarter 2016... More