UPDATE: Boingo Wireless Issues Downbeat Forecast

Boingo Wireless

reported weaker-than-expected second-quarter results and issued a downbeat view for the current quarter. Boingo projects revenue of $25.5 million to $26.5 million, and earnings of $0.05 to $0.06 per share for the period. However, analysts were expecting revenue of $28.9 million and earnings of $0.08 per share. Boingo shares closed at $9.00 yesterday.