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Last $7.34 USD
Change Today +0.085 / 1.17%
Volume 126.5K
WIFI On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

boingo wireless inc (WIFI) Snapshot

Open
$7.24
Previous Close
$7.25
Day High
$7.35
Day Low
$7.17
52 Week High
01/28/15 - $8.62
52 Week Low
08/5/14 - $5.48
Market Cap
266.7M
Average Volume 10 Days
227.6K
EPS TTM
$-0.54
Shares Outstanding
36.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for BOINGO WIRELESS INC (WIFI)

boingo wireless inc (WIFI) Details

Boingo Wireless, Inc., together with its subsidiaries, provides high-speed, high-bandwidth wireless Internet service to smartphones, tablet computers, laptops, and other wireless-enabled devices. It designs, builds, monitors, and maintains the Wi-Fi network at managed and operated hotspot locations, such as airports, hotels, coffee shops, shopping malls, arenas, stadiums, and quick service restaurants in North America, South America, Europe, the Middle East, Africa, and Asia; and offers software applications and solutions to access its Wi-Fi network of approximately 1 million hotspots. Boingo Wireless, Inc. enables individuals to purchase Internet access at its managed and operated hotspots and select partner locations through month-to-month subscription and single-use access plans. In addition, the company provides broadband and Internet protocol television services for troops stationed on U.S. military bases; access to distributed antenna system infrastructure at certain of its managed and operated hotspot locations to telecom operator partners; and a range of value-added services, including roaming services, platform services, and turn-key solutions to network operators, device manufacturers, technology companies, enterprise software and services companies, and venue operators, as well as offers display advertising, sponsored access, and promotional programs. Further, its platform provides an opportunity for advertisers to reach a targeted base of visitors to its landing pages with sponsored access, promotional programs, and display advertising. The company was formerly known as Project Mammoth, Inc. and changed its name to Boingo Wireless, Inc. in October 2001. Boingo Wireless, Inc. was founded in 2001 and is headquartered in Los Angeles, California.

265 Employees
Last Reported Date: 03/16/15
Founded in 2001

boingo wireless inc (WIFI) Top Compensated Officers

Chairman of The Board and Chief Executive Off...
Total Annual Compensation: $450.0K
President
Total Annual Compensation: $216.7K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $300.0K
Senior Vice President of Operations
Total Annual Compensation: $250.0K
Chief Marketing Officer
Total Annual Compensation: $240.0K
Compensation as of Fiscal Year 2013.

boingo wireless inc (WIFI) Key Developments

Boingo Wireless Signs Major Wi-Fi Offload Agreement with Tier One Carrier

Boingo Wireless announced that it has signed a tier one U.S. wireless carrier to a multi-year major Wi-Fi offload agreement. The deal will include deployment on up to 40 million of the carrier’s handsets for Wi-Fi offload at Boingo’s managed and operated (M&O) networks in 2015, as well as the option to auto-authenticate onto Boingo’s aggregated network of Wi-Fi hotspots. Following a successful market trial with millions of handsets that demonstrated the power of automatic and seamless authentication onto Boingo’s network, this long-term agreement covers the carrier’s entire smartphone customer base. Additionally, this agreement encompasses Passpoint-certified mobile devices to leverage seamless Wi-Fi authentication for carrier offload via Boingo’s 'Passpoint Secure' network which includes WPA2 enterprise-grade encryption technology.

Boingo Wireless, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter Ending March 31, 2015 and for the Full Year Ending December 31, 2015

Boingo Wireless, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, revenue was $33.6 million, an increase of 16.9% compared to $28.8 million for the fourth quarter of 2013. Net loss attributable to common stockholders was $6.5 million, or $0.18 per diluted share, compared to a net loss of $2.8 million, or $0.08 per diluted share, for the fourth quarter of 2013. Adjusted EBITDA was $4.6 million, compared to $6.7 million for the fourth quarter of 2013. Loss from operations was $6.01 million compared to $0.75 million a year ago. Loss before income taxes was $6.07 million compared to $0.79 million a year ago. For the full year, revenue was $119.3 million, an increase of 11.8% compared to $106.7 million for 2013. Net loss attributable to common stockholders was $19.5 million, or $0.55 per diluted share, compared to a net loss of $4.0 million, or $0.11 per diluted share, for 2013. Adjusted EBITDA was $20.3 million, compared to $23.8 million for 2013. Loss from operations was $18.03 million compared to $1.89 million a year ago. Loss before income taxes was $18.07 million compared to $1.86 million a year ago. The company provided earnings guidance for the first quarter ending March 31, 2015 and for the full year ending December 31, 2015. For the first quarter 2015, revenue is expected to be in the range of $26.5 million to $28.5 million. Adjusted EBITDA is expected to be in the range of $1.0 million to $2.5 million. Net loss attributable to common stockholders is expected to be in the range of $10.5 million to $9.0 million, or a net loss of $0.29 to $0.25 per diluted share. For the full year 2015, revenue is expected to be in the range of $134.0 million to $140.0 million. Adjusted EBITDA is expected to be in the range of $27.0 million to $30.0 million. Net loss attributable to common stockholders is expected to be in the range of $28.0 million to $25.0 million, or a net loss of $0.77 to $0.69 per diluted share. The company expects a nominal full year tax rate as well as fully diluted shares outstanding of $36.5 million. the company further anticipates spending $40 million on non-reimbursed capital expenditures in 2015, which is inclusive of additional $25 million to support its military base network build out.

Boingo Wireless, Inc. Presents at Deutsche Bank 23rd Annual Media, Internet and Telecom Conference, Mar-10-2015 04:10 PM

Boingo Wireless, Inc. Presents at Deutsche Bank 23rd Annual Media, Internet and Telecom Conference, Mar-10-2015 04:10 PM. Venue: The Breakers® Hotel, One South County Road, Palm Beach, FL 33480, United States. Speakers: David Hagan, Chairman of The Board and Chief Executive Officer, Peter Hovenier, Chief Financial Officer, Principal Accounting Officer and Secretary.

 

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Industry Analysis

WIFI

Industry Average

Valuation WIFI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.2x
Price/Book 2.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 2.1x
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