Boingo Wireless (WIFI) Misses Q1 EPS by 3c, Revenues Miss
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Boingo Wireless Reports First Quarter 2020 Financial Results
May 5, 2020 4:05 PM EDT
Strong DAS access fee revenue of $8.2 million increased 27.3% year-over-year
Generated $19.0 million in net cash provided by operating activities
Maintains solid financial position with strong cash and liquidity position
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 first quarter ended March 31, 2020.
First Quarter 2020 Financial Highlights
Revenue of $59.9 million decreased 9.9% compared to $66.5 million in the first quarter of 2019.... More