Boingo Wireless (WIFI) Tops Q3 EPS by 8c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

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Go back to Boingo Wireless (WIFI) Tops Q3 EPS by 8c, Revenues Beat; Offers FY18 EPS/Revenue Outlook

Boingo Wireless Reports Record Third Quarter 2018 Financial Results

November 1, 2018 4:05 PM EDT

Record quarterly revenue of $65.3 million increased 21.6% year-over-year and exceeded guidanceCompleted the acquisition of Elauwit Networks, LLC to enter into the multifamily market for Wi-Fi connectivityCompleted capital raise of $201.25 million in gross proceeds through offering of convertible senior notesDeployed seven new DAS venues to total 54 live, up 42.1% year-over-year

LOS ANGELES, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Boingo Wireless (NASDAQ: WIFI), the leading distributed antenna system (DAS) and Wi-Fi provider that serves carriers, consumers and advertisers worldwide, today announced the Company's financial results for the third quarter... More