UPDATE: Boingo Wireless Issues Downbeat Forecast
Boingo Wireless (NASDAQ: WIFI) 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.
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