Boingo Wireless Company Profile (NASDAQ:WIFI)

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

Boingo Wireless, Inc. (NASDAQ:WIFI) posted its earnings results on Thursday, August, 3rd. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by $0.03. The business earned $49 million during the quarter, compared to analyst estimates of $46.23 million. Boingo Wireless had a negative net margin of 13.85% and a negative return on equity of 25.82%. The firm's revenue was up 25.3% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.19) earnings per share. View Boingo Wireless' Earnings History.

Boingo Wireless is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Boingo Wireless.

Boingo Wireless issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of ($0.71)-($0.61) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.65). The company issued revenue guidance of $192-198 million, compared to the consensus revenue estimate of $188.38 million.Boingo Wireless also updated its Q3 guidance to ($0.18)-($0.10) EPS.

8 brokerages have issued twelve-month price targets for Boingo Wireless' stock. Their forecasts range from $6.85 to $24.00. On average, they expect Boingo Wireless' stock price to reach $18.54 in the next twelve months. 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 OSI Systems (OSIS), Inphi Corporation (IPHI), Diebold, Incorporated (DBD), Gigamon (GIMO), Callidus Software (CALD), Syntel (SYNT), Silicon Motion Technology Corporation (SIMO), TTM Technologies (TTMI), Shutterfly (SFLY), Integer Holdings (ITGR), AppFolio (APPF), NETGEAR (NTGR), Ambarella (AMBA), BroadSoft (BSFT), Chegg (CHGG), 3D Systems Corporation (DDD), MaxLinear (MXL) and Methode Electronics (MEI).

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
• Maury Austin, Independent Director
• David Cutrer, Independent Director
• Chuck Davis, Independent Director
• Michael Finley, Independent Director
• Terrell B. Jones, Independent Director

Boingo Wireless' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (5.98%), Vanguard Group Inc. (5.24%), Dimensional Fund Advisors LP (5.01%), Legion Partners Asset Management LLC (4.87%), LEGION PARTNERS ASSET MANAGEMENT, LLC (4.63%) and Pembroke Management LTD (3.91%). Company insiders that own Boingo Wireless stock include David Hagan, Dawn Callahan, Derek Peterson, Michael Finley, 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 Gilder Gagnon Howe & Co. LLC, Royce & Associates LP, Skylands Capital LLC, Pembroke Management LTD, Legion Partners Asset Management LLC, S Squared Technology LLC, Falcon Point Capital LLC and Cowen Prime Services LLC. Company insiders that have sold Boingo Wireless stock in the last year include David Hagan, Dawn Callahan, Derek Peterson, Michael Finley, Peter Hovenier and Tom Tracey. View Insider Buying and Selling for Boingo Wireless.

Boingo Wireless' stock was acquired by a variety of institutional investors in the last quarter, including Castleark Management LLC, Russell Investments Group Ltd., Renaissance Technologies LLC, Hood River Capital Management LLC, Vanguard Group Inc., Intrinsic Edge Capital Management LLC, EAM Investors LLC and Goldman Sachs Group Inc.. 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 $20.49.