Key Developments: Boingo Wireless Inc (WIFI.OQ)

WIFI.OQ on NASDAQ Stock Exchange Global Select Market

6.79USD
11 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Boingo Wireless gives Q2 2014 guidance; net income and EPS guidance below analysts' estimates; reaffirms FY 2014 guidance
Thursday, 8 May 2014 04:02pm EDT 

Boingo Wireless:Expects Q2 2014 revenue to be in the range of $26.0 million to $28.0 million.Expects Q2 2014 adjusted EBITDA to be in the range of $3.5 million to $5.0 million.Expects Q2 2014 net loss attributable to common stockholders to be in the range of $6.0 million to $4.5 million, or a net loss of $0.17 to $0.13 per diluted share.Reiterates guidance for FY 2014.Expects FY 2014 revenue to be in the range of $116.0 million to $121.0 million.Expects FY 2014 adjusted EBITDA to be in the range of $24.0 million to $27.0 million.Expects FY 2014 net loss attributable to common stockholders to be in the range of $14.0 million to $11.0 million, or a net loss of $0.40 to $0.31 per diluted share.Q2 2014 revenue of $27.5 million, EBITDA of $4.7 million, net income of $(4.2) million and EPS of $(0.11) - Thomson Reuters I/B/E/S.FY 2014 revenue of $117 million, EBITDA of $25 million, net income of $(11.0) million and EPS of $(0.31) - Thomson Reuters I/B/E/S.  Full Article

University of Houston partners with Boingo Wireless for football stadium wireless
Tuesday, 29 Apr 2014 09:05am EDT 

Boingo Wireless:University of Houston has selected the company as their exclusive wireless network partner for the new Houston Football Stadium, home of the NCAA FBS Houston Cougars.  Full Article

EnergySolutions Arena selects Boingo Wireless as exclusive DAS and Small Cell Partner
Monday, 14 Apr 2014 09:05am EDT 

EnergySolutions:Selects Boingo Wireless as exclusive neutral host Distributed Antenna System and small cell provider for Energy Solutions Arena, home of NBA's Utah Jazz basketball team and more than 100 sports and entertainment events each year.Boingo will upgrade and manage a multi-carrier, neutral host DAS system at the arena, which seats nearly 20,000 fans.  Full Article

Boingo Wireless Inc issues Q1, FY 2014 guidance; earnings guidance below analysts' estimates;
Tuesday, 25 Feb 2014 04:00pm EST 

Boingo Wireless Inc:Expects Q1 2014 revenue to be in the range of 24.0 mln to $26.0 mln.Expects Q1 2014 adjusted EBITDA in the range of $1.5 mln to $3.0 mln.Expects Q1 2014 net loss attributable to common stockholders to be in the range of $6.5 mln to $5.0 mln, or a net loss of $0.19 to $0.14 per diluted share.Expects FY 2014 revenue in the range of $116.0-$121.0 mln.Expects FY 2014 adjusted EBITDA in the range of $24.0 mln to $27.0 mln.Expects FY 2014 net loss to be in the range of $14.0 mln to $11.0 mln, or a net loss of $0.40 to $0.31 per diluted share.Q1 2014 revenue of $25.6 mln, EBITDA of $4.40 mln, net income of $(1.38) mln and EPS of $(0.02) - Thomson Reuters I/B/E/S.FY 2014 revenue of $118 mln, EBITDA of $29.18 mln, net income of $0.48 mln and EPS of $0.03 - Thomson Reuters I/B/E/S.  Full Article

Dubai Airports selects Boingo as exclusive airport Wi-Fi provider
Wednesday, 19 Feb 2014 05:00am EST 

Boingo Wireless Inc:Says Dubai Airports has selected the company as Wi-Fi provider for Dubai International (DXB), one of the traffic international hubs, and Al Maktoum International at Dubai World Central (DWC).Says in conjunction with the contract award, Boingo will open an office in Dubai to service the airports and be better attuned to local customers` needs.  Full Article

Boingo Wireless Inc Lowers High End Of Prior FY 2013 Revenue Guidance; Lowers FY 2013 Earnings Guidance
Thursday, 7 Nov 2013 04:01pm EST 

Boingo Wireless Inc announced that for fiscal 2013, it expects revenue to be in the range of $106.0 million to $108.0 million. Adjusted EBITDA to be in the range of $24.0 million to $26.0 million. Net loss attributable to common stockholders is expected to be in the range of ($2.0) million to $0.0 million, or a net loss of ($0.06) to breakeven per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $108 million, EBITDA of $28.6 million, net income of $1.76 million and EPS of $0.05 for fiscal 2013.  Full Article

Boingo Wireless Inc Secures U.S. Marine Corps On-Base Broadband Internet, Internet Protocol TV Contracts
Wednesday, 6 Nov 2013 09:00am EST 

Boingo Wireless Inc announced an agreement with Marine Corps Community Services (MCCS) that enables the company to provide Internet Protocol TV (IPTV) and broadband Internet services at all United States Marine Corps (USMC) bases worldwide. The contract with Headquarters, U.S. Marine Corps Semper Fit & Exchange Services Division authorizes Boingo to install wireless infrastructure and provide recreational broadband Internet and live TV for Marines at Marine Corps bases around the globe. Initial deployments will include all Marine Corps bases within the United States as well as two bases in Japan, the first international bases to offer Boingo Broadband services. Boingo is slated to launch services at the new bases in 2014.  Full Article

Boingo Wireless Inc Gets Selected For Cellular DAS At Memphis Airport
Thursday, 24 Oct 2013 09:15am EDT 

Boingo Wireless Inc announced that Memphis International Airport (MEM) has selected the Company as the airport's wireless provider after a competitive RFP process. Memphis International Airport chose Boingo to design, build and manage the airport's first cellular Distributed Antenna System (DAS), and Boingo will continue to provide enhanced public Wi-Fi services for the airport, including a free Wi-Fi option.  Full Article

Movil Partners With Boingo Wireless Inc For International Roaming
Thursday, 29 Aug 2013 09:00am EDT 

Boingo Wireless Inc announced that a Latin American mobile services company Movile has selected the company to provide global Wi-Fi roaming for the 8 million users that rely on Movile mobile Wi-Fi service.  Full Article

Boingo Wireless Inc Issues Q3 2013 Guidance In Line With Analysts' Estimates; Reaffirms FY 2013 Guidance
Thursday, 8 Aug 2013 04:00pm EDT 

Boingo Wireless Inc announced that for the third quarter 2013 it expects revenue to be in the range of $26.5 million to $28.5 million. Adjusted EBITDA is expected to be in the range of $7.0 million to $8.0 million. Net income attributable to common stockholders is expected to be in the range of $0.0 million to $1.0 million, or $0.00 to $0.03 per diluted share. The Company is reiterating guidance for fiscal 2013 and expects revenue to be in the range of $106.0 million to $110.0 million. Adjusted EBITDA is expected to be in the range of $28.5 million to $31.5 million. Net income attributable to common stockholders is expected to be in the range of $1.0 million to $3.0 million, or $0.03 to $0.08 per diluted share. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $27.6 million, EBITDA of $8.0 million and EPS of $0.03 for the third quarter of 2013; revenues of $107 million and EPS of $0.06 for fiscal 2013.  Full Article

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