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iPass Inc. Issues Q3 2012 Guidance; Revenue Below Analysts' Estimates

Tuesday, 7 Aug 2012 04:15pm EDT 

iPass Inc. announced that for the third quarter of 2012, it expects total revenues to be in the range of $29-$32 million and adjusted EBITDA Income (Loss) in the range of $(1.25)-$0.25 million. The guidance for adjusted EBITDA income (loss) for the third quarter of 2012 does not include the impact of any foreign exchange gains or losses. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $36 million for third quarter of 2012. 

Company Quote

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9 Jul 2014