- Boingo Wireless (NASDAQ:WIFI) shares are up 13% after yesterday’s Q3 report beat EPS and revenue estimates and included upside guidance.
- FY17 guidance: revenue, $199M to $203M (consensus: $197.3M); EPS, -$0.66 to -$0.58 (consensus: -$0.62).
- Segment revenue: Wholesale Wi-Fi, $8.3M (+41.1%); Military, $13.9M (+37.6%); DAS, $21.8M (+36.3%).
- Key metrics: Adjusted EBITDA, $19.8M (+71.1%); net cash from operating activities, $20.1M; FCF, $2.7M.
- Press release
- Previously: Boingo Wireless beats by $0.04, beats on revenue (Nov. 2)