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Boingo Wireless (WIFI) is a company that provides wireless connectivity solutions to businesses and individuals. Here is some general information, as well as insights into the company's earnings and growth:
* Boingo Wireless, Inc. is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol WIFI.
* Founded in 2001, Boingo provides wireless internet access to consumers, carriers, and businesses through its public hotspots and private wireless networks.
* In addition to providing wireless connectivity solutions, Boingo also offers location-based services, including a platform for location-based advertising and a proximity platform for businesses and brands.
* The Company operates globally, with a presence in over 100 countries, and has partnerships with major telecommunications companies, including Verizon, AT&T, T-Mobile, and Sprint.
Earnings:
* In its last quarterly earnings report, Boingo reported a net loss of ($6.6) million, or ($0.17) per diluted share, compared to a net loss of ($4.8) million, or ($0.13) per diluted share, in the same period last year.
* The Company generated revenue of $68.4 million, an increase of 15.4% year-over-year.
* Boingo's adjusted EBITDA was $16.8 million, up 29.2% year-over-year.
Growth:
* Boingo has grown its revenue consistently over the past few years, with a compounded annual growth rate (CAGR) of 17%.
* The Company has also expanded its reach and capabilities through strategic acquisitions, including its purchase of the Wi-Fi network operator, Cloud Nine Media, Inc. in 2017.
* Boingo has also invested heavily in 5G technology and has launched several 5G networks across the United States.
Other points to consider:
* Boingo has a strong track record of innovation, having been granted over 30 patents for its wireless technology.
* The Company has been recognized for its commitment to sustainability, having been named to the Dow Jones Sustainability World Index and the FTSE4Good Index.
In conclusion, Boingo Wireless, Inc. (WIFI) is a leading provider of wireless connectivity solutions with a global presence and a strong track record of revenue growth. The Company has a strong history of innovation and has made significant investments in 5G technology.