Last $6.29 USD
Change Today -0.07 / -1.10%
Volume 73.1K
WIFI On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

boingo wireless inc (WIFI) Snapshot

Open
$6.34
Previous Close
$6.36
Day High
$6.48
Day Low
$6.26
52 Week High
08/26/13 - $7.46
52 Week Low
02/26/14 - $5.06
Market Cap
225.2M
Average Volume 10 Days
97.1K
EPS TTM
$-0.31
Shares Outstanding
35.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BOINGO WIRELESS INC (WIFI)

boingo wireless inc (WIFI) Details

Boingo Wireless, Inc., together with its subsidiaries, provides high-speed, high-bandwidth wireless Internet service to smartphones, tablet computers, laptops, and other wireless-enabled devices. The company installs, manages, and operates wireless network infrastructure to provide Wi-Fi services at its managed and operated hotspots, such as airports, hotels, coffee shops, shopping malls, arenas, stadiums, and quick service restaurants in North America, South America, Europe, the Middle East, Africa, and Asia; and offers software applications and solutions to access its Wi-Fi network of approximately 800,000 hotspots with devices, such as smartphones, tablet computers, and laptops. Boingo Wireless, Inc. enables individuals to purchase mobile Internet access at its managed and operated hotspots and select partner locations through month-to-month subscription and single-use access plans. In addition, it provides a range of value-added services, including distributed antenna system infrastructure, roaming services, platform services, and turn-key solutions to telecom operators, network operators, device manufacturers, technology companies, enterprise software and services companies, and venue operators; and offers display advertising, sponsored access, and promotional programs. The company was formerly known as Project Mammoth, Inc. and changed its name to Boingo Wireless, Inc. in October 2001. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

boingo wireless inc (WIFI) Top Compensated Officers

Chairman of The Board and Chief Executive Off...
Total Annual Compensation: $450.0K
President
Total Annual Compensation: $216.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $300.0K
Senior Vice President of Operations
Total Annual Compensation: $250.0K
Chief Scientist
Total Annual Compensation: $152.1K
Compensation as of Fiscal Year 2013.

boingo wireless inc (WIFI) Key Developments

Port Authority Selects Boingo Wireless for Cellular and Wi-Fi Services at World Trade Center

Boingo Wireless, Inc. announced a supplemental agreement with the Port Authority of New York and New Jersey (Port Authority) allowing New York Telecom Partners, LLC (NYTP), a Boingo Wireless subsidiary, to design, install and operate neutral host cellular Distributed Antenna System (DAS) and Wi-Fi networks in select areas of the World Trade Center in Manhattan. Per the terms of the multi-year agreement, Boingo will design and manage state-of-the-art, multi-carrier cellular DAS networks within the new World Trade Center (WTC) Port Authority Transportation Hub, the Vehicle Security Center, retail spaces and other core facilities throughout the buildings. The cellular DAS system will provide comprehensive coverage to more than 1.6 million square feet of the World Trade Center. Boingo will also install high density Wi-Fi networks, providing complimentary Wi-Fi access to visitors throughout the public areas of the Transportation Hub, retail spaces and other core locations. Wireless services are scheduled to launch timed to the opening of the World Trade Center Transportation Hub in 2015.

Boingo Wireless, Inc. Announces Board Changes

Boingo Wireless announced that Sky Dayton is stepping down as Chairman of the Board of Directors, and that the Board has appointed the company's current Chief Executive Officer, David Hagan, as Chairman of the Board, and Charles Boesenberg, as Lead Independent Director. A serial entrepreneur, Sky Dayton founded Boingo in 2001 and has served as Chairman of Boingo's Board of Directors since its inception.

Boingo Wireless, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter Ending September 30, 2014; Re-Iterates Earnings Guidance for the Full Year Ending December 31, 2014

Boingo Wireless, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenue of $28.396 million against $26.239 million a year ago. Loss from operations was $3.352 million against $0.424 million a year ago. Loss before income taxes was $3.37 million against $0.399 million a year ago. Net loss attributable to common stockholders was $3.734 million or $0.10 per basic and diluted share against $0.399 million or $0.01 per basic and diluted share a year ago. Adjusted EBITDA was $5.958 million against $6.071 million a year ago. Capital expenditures were $19.9 million, which included $10.7 million utilized for DAS infrastructure build-out projects that are reimbursed by telecom operating partners. For the six months, the company reported revenue of $54.848 million against $49.373 million a year ago. Loss from operations was $8.525 million against $1.926 million a year ago. Loss before income taxes was $8.524 million against $1.854 million a year ago. Net loss attributable to common stockholders was $9.182 million or $0.26 per basic and diluted share against $1.52 million or $0.04 per basic and diluted share a year ago. Adjusted EBITDA was $9.011 million against $9.703 million a year ago. For the third quarter ending September 30, 2014, revenue is expected to be in the range of $28.0 million to $30.0 million, adjusted EBITDA is expected to be in the range of $5.0 million to $6.5 million and net loss attributable to common stockholders is expected to be in the range of $5.0 million to $3.5 million, or a net loss of $0.14 to $0.10 per diluted share. For the year ending December 31, 2014, revenue is expected to be in the range of $116.0 million to $121.0 million, adjusted EBITDA is expected to be in the range of $24.0 million to $27.0 million and net loss attributable to common stockholders is expected to be in the range of $17.5 million to $14.5 million, or a net loss of $0.50 to $0.41 per diluted share. Nominal tax rate as well as fully diluted shares outstanding of 35 million.

 

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