Boingo Wireless (WIFI) Misses Q2 EPS by 5c, Revenues Miss

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Go back to Boingo Wireless (WIFI) Misses Q2 EPS by 5c, Revenues Miss

Boingo Wireless Reports Second Quarter 2020 Financial Results

August 4, 2020 4:05 PM EDT

Awarded three new DAS venues and signed 11 Tier 1 carrier contracts

Launched Wi-Fi offloading trial with Google

Generated $27.7 million in second quarter net cash provided by operating activities, a 200% increase year-over-year

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 second quarter ended June 30, 2020.

Second Quarter 2020 Financial Highlights

Revenue of $58.7 million decreased 2.0% compared to... More