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Boingo Wireless Lowers Guidance

TMCNet:  Boingo Wireless Lowers Guidance

[August 08, 2012]

Boingo Wireless Lowers Guidance

Aug 08, 2012 (EarningsWhispers Guidance Summaries via Comtex) -- Boingo Wireless, Inc. (NASDAQ: WIFI) said it expects third quarter earnings of $0.05 to $0.06 per share on revenue of $25.5 million to $26.5 million. The current consensus earnings estimate is $0.09 per share on revenue of $28.9 million for the quarter ending September 30, 2012. The company said it expects 2012 earnings of $0.22 to $0.27 per share on revenue of $108.0 million to $111.0 million. The company's previous guidance was earnings of $0.26 to $0.31 per share on revenue of $110.5 million to $114.5 million and the current consensus earnings estimate is $0.29 per share on revenue of $111.2 million for the year ending December 31, 2012.

This earnings guidance summary was provided by EarningsWhispers, a leading provider of earnings expectations - including corporate guidance announcements and analysts' expectations that differ from published estimates. http://www.earningswhispers.com

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