On 2 JUNE Boingo Wireless Inc (NASDAQ:WIFI) reported ($0.15) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.15). The company had revenue of $26.50 million for the quarter, compared to the consensus estimate of $24.98 million. During the same quarter last year, the company posted ($0.03) earnings per share. Boingo Wireless’s revenue was up 14.7% compared to the same quarter last year. On average, analysts predict that Boingo Wireless will post $-0.32 earnings per share for the current fiscal year. Boingo Wireless Inc (NASDAQ:WIFI) net profit margin is -7.40% and weekly performance is 0.47%. On last trading day company shares ended up $6.43. Analysts mean target price for the company is $8.88. Boingo Wireless Inc (NASDAQ:WIFI) distance from 50-day simple moving average (SMA50) is -3.74%.
On 29 MAY Towerstream Corporation (NASDAQ:TWER) announced a small cell services teaming agreement with Alcatel-Lucent enabling a one-stop solution for carriers to deploy Small Cell wireless infrastructure. Towerstream Corporation (NASDAQ:TWER) shares advanced 1.71% in last trading session and ended the day on $1.78. TWER Gross Margin is 29.60% and its return on assets is -33.20%. Towerstream Corporation (NASDAQ:TWER) quarterly performance is -29.37%.
On 10 JUNE 8×8, Inc. (NASDAQ:EGHT) announced the establishment of a partnership with Telecom Brokerage, Inc. (TBI), one of the nation’s largest technology services distributors. This new channel partnership enables TBI’s 2000+ agents and VARs to offer 8×8’s industry-leading enterprise cloud communications services to business customers worldwide. 8×8, Inc. (NASDAQ:EGHT) shares moved up 2.31% in last trading session and was closed at $7.09, while trading in range of $6.85 – $7.15. 8×8, Inc. (NASDAQ:EGHT) year to date (YTD) performance is -30.15%.
On 28 MAY Gogo Inc (NASDAQ:GOGO) announced its fiscal results for the quarter that ended 31 March 2014. Gogo reported its record Q1 revenue of $95.7M, an increase of 35% year-over-year. The adjusted EBITDA for the Q1 2014 was $5.3M, an increase of 87% from $2.9M in the Q1 2013. This was driven by the strong performance by the company’s CA-NA & BA segments that were also partially offset by the increased segment-loss in its CA-ROW segment as the company continues to invest in its global expansion. Gogo Inc (NASDAQ:GOGO) ended the last trading day at $18.09. Company weekly volatility is calculated as 4.47% and price to cash ratio as 7.01. Gogo Inc (NASDAQ:GOGO) showed a negative weekly performance of -2.11%
On 9 JUNE Oi SA (ADR) (NYSE:OIBR) announced that the CEO of OIBR, Zeinal Bava, commented recently that the company is nearing its merger deal with the Portugal Telecom company, SGPS SA. The CEO shared his insight that this merger would make Oi SA (ADR) (NYSE:OIBR) in duly streamlining its ownership structure, thus making it competitive against the rivals – Telefonica Brasil SA (VIV), Tim Participacoes SA (TIMP3) and America Movil SAB. Oi SA (ADR) (NYSE:OIBR) weekly performance is 4.40%. On last trading day company shares ended up $0.951. Analysts mean target price for the company is $1.63. Oi SA (ADR) (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -8.09%.
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