Boingo Wireless (WIFI) Misses Q4 EPS by 1c, Revenues Miss

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Boingo Wireless Reports Fourth Quarter and Full Year 2019 Financial Results

March 2, 2020 4:10 PM EST

Record annual revenue of $263.8 million increased 5.2% year-over-year

2019 DAS access fee revenue of $36.4 million increased 49.8% year-over-year

Launched 15 new DAS venues to total 73 live in 2019

LOS ANGELES--(BUSINESS WIRE)-- Boingo Wireless (NASDAQ: WIFI), the leading distributed antenna system (DAS) and Wi-Fi provider that serves carriers, consumers, property owners and advertisers worldwide, today announced the Company's financial results for the fourth quarter and full year ended December 31, 2019.

Fourth Quarter 2019 Financial Highlights

Revenue of $64.1 million decreased 5.5% compared to $67.8... More