Boingo Wireless Company Profile (NASDAQ:WIFI)

Boingo Wireless trades on the NASDAQ under the ticker symbol "WIFI."

Boingo Wireless, Inc. (NASDAQ:WIFI) released its earnings results on Thursday, May, 4th. The company reported ($0.18) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.21) by $0.03. The company had revenue of $44.30 million for the quarter, compared to analysts' expectations of $41.25 million. Boingo Wireless had a negative return on equity of 24.60% and a negative net margin of 14.32%. The firm's quarterly revenue was up 28.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.27) EPS. View Boingo Wireless' Earnings History.

Boingo Wireless is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for Boingo Wireless.

Boingo Wireless updated its FY17 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of (0.74)-($0.64) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.60). The company issued revenue guidance of $180-$188 million, compared to the consensus revenue estimate of $185.20 million.Boingo Wireless also updated its Q2 guidance to ($0.22)-($0.14) EPS.

8 analysts have issued twelve-month price objectives for Boingo Wireless' stock. Their forecasts range from $6.85 to $18.50. On average, they anticipate Boingo Wireless' stock price to reach $15.04 in the next year. View Analyst Ratings for Boingo Wireless.

Here are some recent quotes from research analysts about Boingo Wireless stock:

• 1. According to Zacks Investment Research, "Boingo Wireless, Inc. is a Wi-Fi software and services provider. Boingo users can access the mobile Internet via Boingo Network locations that include the airports, hotel chains, cafés and coffee shops, restaurants, convention centers and metropolitan hot zones. The company provides its solutions to individual users and partners consisting of telecom operators, network operators, cable companies, technology companies, enterprise software and services companies, and communications companies. Boingo Wireless, Inc. is headquartered in Los Angeles, California. " (7/7/2017)
• 2. Jefferies Group LLC analysts commented, "Though results were somewhat soft, the outlook was better than expected, and could prove conservative in areas. We believe momentum has picked up in recent quarters and see several catalysts ahead, including an expanded Military presence, ramping offloading activity, a nascent small cell opportunity, and a broadening of verticals served by DAS. Given stronger revenue and profitability, we raise our price target to $14. Soft 4Q vs. Expectations. Revenue of $45.0mn was 2.3%/1.8% below our/Street estimates, as weaker Military, Advertising and Wholesale, offset stronger DAS and Retail performance. Nevertheless, revenue grew 16% y/y, a sharp acceleration from 3Q levels. Adj. EBITDA of $14.3mn was below our $14.7mn but more in line with the Street's $14.4mn; margins of 31.8% improved ~350bps over the prior year. Attractive Revenue Growth Outlook... The company guided to 2017 revenue of $180- $188mn, with our prior forecast at the low end of the range. The midpoint implies modest acceleration from 2016 levels, with DAS and Military again driving attractive growth, and Wholesale growth expected to accelerate to the mid-teens, or higher." (3/8/2017)

Some companies that are related to Boingo Wireless include Web.com Group (WEB), ADTRAN (ADTN), ePlus inc. (PLUS), Talend S.A. (TLND), Bottomline Technologies (EPAY), Benefitfocus (BNFT), Iridium Communications (IRDM), ATN International (ATNI), Extreme Networks (EXTR), Gogo (GOGO), Varonis Systems (VRNS), Quotient Technology (QUOT), ManTech International Corporation (MANT), MINDBODY (MB), Virtusa Corporation (VRTU), Tuniu Corporation (TOUR), CEVA (CEVA) and Universal Electronics (UEIC).

Boingo Wireless' management team includes the folowing people:

• David Hagan, Chairman of the Board, Chief Executive Officer
• Peter Hovenier CPA, Chief Financial Officer, Secretary
• Tom Tracey, Senior Vice President - Operations
• Derek Peterson, Chief Technology Officer
• Dawn Callahan, Chief Marketing Officer
• Charles M. Boesenberg, Lead Independent Director
• Maury Austin, Independent Director
• David Cutrer, Independent Director
• Chuck Davis, Independent Director
• Michael Finley, Independent Director

Boingo Wireless' stock is owned by a number of of institutional and retail investors. Top institutional investors include Skylands Capital LLC (0.39%) and Aperio Group LLC (0.03%). Company insiders that own Boingo Wireless stock include David Hagan, Dawn Callahan, Derek Peterson, Peter Hovenier and Tom Tracey. View Institutional Ownership Trends for Boingo Wireless.

Boingo Wireless' stock was sold by a variety of institutional investors in the last quarter, including Skylands Capital LLC. Company insiders that have sold Boingo Wireless stock in the last year include David Hagan, Dawn Callahan, Derek Peterson, Peter Hovenier and Tom Tracey. View Insider Buying and Selling for Boingo Wireless.

Boingo Wireless' stock was purchased by a variety of institutional investors in the last quarter, including Aperio Group LLC. View Insider Buying and Selling for Boingo Wireless.

Shares of Boingo Wireless can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Boingo Wireless stock can currently be purchased for approximately $15.36.