Melita Group Selects iPass Inc. to Provide Global Wi-Fi Access
Jan 26 15
Melita Group has selected iPass Inc. to provide global Wi-Fi access. Through partnering with iPass, Melita is offering its melitaWIFI Travel service to existing and new Melita mobile prepaid or pay-monthly customers, providing them with access to 15 million Wi-Fi hotspots located in airports, airplanes, hotels and public areas worldwide. melitaWIFI Travel, which is an expansion of the operator's domestic Wi-Fi service, melitaWIFI, aims to make it as easy as possible for customers to access Wi-Fi while they are travelling abroad. The service also aims to help customers stay connected on their smartphone and tablet devices, without incurring the expensive roaming fees charged by other operators.
iPass Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter Ending December 31, 2014
Nov 6 14
iPass Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company's revenue was $17,250,000 compared to $18,539,000 a year ago. Operating loss was $4,829,000 compared to $3,443,000 a year ago. Loss from continuing operations before income taxes was $4,468,000 compared to $3,596,000 a year ago. Net loss from continuing operations was $3,113,000 or $0.05 per diluted share compared to $3,565,000 or $0.05 per diluted share a year ago. Total net loss was $4,409,000 or $0.07 per diluted share compared to net loss of $2,842,000 or $0.04 per diluted share a year ago. Adjusted LBITDA was $3,128,000 compared to $2,196,000 a year ago.
For the nine months, the company's revenue was $52,649,000 compared to $59,736,000 a year ago. Operating loss was $15,430,000 compared to $10,029,000 a year ago. Loss from continuing operations before income taxes was $15,312,000 compared to $10,362,000 a year ago. Net loss from continuing operations was $9,774,000 or $0.16 per diluted share compared to $9,648,000 or $0.15 per diluted share a year ago. Total net income was $10,919,000 or $0.17 per diluted share compared to net loss of $7,803,000 or $0.12 per diluted share a year ago. Net cash used in operating activities was $12,234,000 compared to $1,825,000 a year ago. Purchases of property and equipment were $1,112,000 compared to $1,753,000 a year ago.
For the fourth quarter of 2014 ending December 31, 2014, the company anticipates total revenue between $16.2 million and $18.2 million and adjusted LBITDA between $3.2 million and $1.7 million. The company also expects total net loss between $4.9 million and $3.4 million.
iPass Inc. Presents at LD Micro Conference, Dec-02-2014 01:30 PM
Nov 5 14
iPass Inc. Presents at LD Micro Conference, Dec-02-2014 01:30 PM. Venue: Luxe Sunset Boulevard Hotel, 11461 Sunset Boulevard, Los Angeles, California, United States. Speakers: Evan L. Kaplan, Chief Executive Officer, President and Director, Karen J. Willem, Chief Financial Officer and Senior Vice President.
iPass Inc. Makes Significant Improvements to iPass App for Android
Oct 29 14
iPass Inc. announced a range of significant changes to its Open Mobile client for the Android operating system. Based on feedback from iPass customers, these revisions will improve the user experience by making it even easier to connect to an iPass hotspot. With the new version of the iPass app, the first thing a user sees when they open the app is a list of available hotspots. This will provide Android users with one-click connectivity from inside the iPass client, making the user experience simpler and more intuitive. iPass has also introduced a feature that allows users to predefine their home network or other favorite hotspot. This is particularly helpful for connectivity in metropolitan areas where a greater number of available networks can result in users not being automatically connected to their home network or the best available hotspot. Devices can now be made to understand exactly which hotspots to connect to, giving users a smoother connectivity experience in busy Wi-Fi locations. Furthermore, iPass has replaced its full list of downloadable hotspots with a data-friendly ‘travel preferences’ option. Upon registration, the client will now prompt users with an option to download only the hotspot information that they require based on their travel preferences.
iPass Inc. to Report Q3, 2014 Results on Nov 06, 2014
Oct 22 14
iPass Inc. announced that they will report Q3, 2014 results at 2:00 PM, Pacific Standard Time on Nov 06, 2014