In a report published Thursday, D.A. Davidson analyst James G. Moorman reiterated a Buy rating and $10.00 price target on Boingo Wireless Inc WIFI.
In the report, D.A. Davidson noted, "WIFI will report Q4 results after the market close on Thursday, February 26th and hold a conference call at 4:30pm EST...For Q4, we are expecting revenue of $34.6 million, adjusted EBITDA of $8.9 million, and a loss per share of $0.05. Our estimates compare with the Thomson First Call consensus estimates for revenue of $33.6 million, adjusted EBITDA of $8.2 million, and a loss per share of $0.09."
Boingo Wireless closed on Wednesday at $7.84.
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