The Boingo Wireless (WIFI) Receives Media Impact Rating of 0.22

The Boingo Wireless (WIFI) Receives Media Impact Rating of 0.22

These are some of the news stories that may have impacted AlphaOne’s scoring:

News headlines about Boingo Wireless (NASDAQ:WIFI) have trended somewhat positive this week, according to AlphaOne Sentiment Analysis. The research group, a subsidiary of Accern, identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Boingo Wireless earned a media sentiment score of 0.22 on AlphaOne’s scale. AlphaOne also assigned press coverage about the technology company an impact score of 57 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the next several days.

Shares of Boingo Wireless (NASDAQ WIFI) opened at 16.93 on Monday. Boingo Wireless has a 12-month low of $7.57 and a 12-month high of $17.00. The stock’s market cap is $660.00 million. The company’s 50-day moving average is $15.13 and its 200-day moving average is $12.88. Boingo Wireless (NASDAQ:WIFI) last posted its quarterly earnings data on Thursday, May 4th. The technology company reported ($0.18) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.21) by $0.03. The business had revenue of $44.30 million during the quarter, compared to analysts’ expectations of $41.25 million. Boingo Wireless had a negative return on equity of 25.35% and a negative net margin of 17.38%. The business’s revenue was up 28.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.27) earnings per share. On average, equities research analysts anticipate that Boingo Wireless will post ($0.65) earnings per share for the current year.

In other news, insider Dawn Callahan sold 100,000 shares of Boingo Wireless stock in a transaction that occurred on Thursday, May 11th. The stock was sold at an average price of $15.90, for a total value of $1,590,000.00. Following the sale, the insider now directly owns 58,425 shares of the company’s stock, valued at $928,957.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Peter Hovenier sold 33,349 shares of Boingo Wireless stock in a transaction that occurred on Thursday, June 1st. The stock was sold at an average price of $16.27, for a total value of $542,588.23. Following the completion of the sale, the chief financial officer now directly owns 29,470 shares in the company, valued at $479,476.90. The disclosure for this sale can be found here. Insiders sold 330,061 shares of company stock valued at $5,280,856 over the last 90 days. Company insiders own 7.50% of the company’s stock. About Boingo Wireless

Boingo Wireless, Inc is a provider of commercial mobile wireless fidelity (Wi-Fi) Internet solutions and indoor direct-attached storage (DAS) services. The Company operates as a service provider of wireless connectivity solutions across its managed and operated network and aggregated network for mobile devices such as laptops, smartphones, tablets and other wireless-enabled consumer devices.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:WIFI”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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