iPass Inc. (NASDAQ:IPAS) will be announcing its earnings results after the market closes on Wednesday, November 1st.

iPass (NASDAQ:IPAS) last announced its quarterly earnings results on Wednesday, August 2nd. The technology company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.05). iPass had a negative net margin of 20.49% and a negative return on equity of 78.31%. The firm had revenue of $13.47 million during the quarter. On average, analysts expect iPass to post $-0.21 EPS for the current fiscal year and $0 EPS for the next fiscal year.

iPass Inc. (NASDAQ IPAS) opened at 0.6899 on Wednesday. The company’s market capitalization is $46.00 million. The stock has a 50 day moving average price of $0.64 and a 200-day moving average price of $1.02. iPass Inc. has a 52 week low of $0.51 and a 52 week high of $1.83.

Several brokerages recently issued reports on IPAS. Zacks Investment Research upgraded shares of iPass from a “sell” rating to a “hold” rating in a research report on Friday, August 25th. ValuEngine lowered shares of iPass from a “hold” rating to a “sell” rating in a research report on Monday, July 24th. Maxim Group set a $2.00 target price on shares of iPass and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Finally, Aegis cut their target price on shares of iPass from $2.75 to $1.40 and set a “buy” rating for the company in a research report on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $2.28.

TRADEMARK VIOLATION WARNING: “iPass Inc. (IPAS) Scheduled to Post Quarterly Earnings on Wednesday” was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this story on another website, it was illegally copied and reposted in violation of United States & international trademark & copyright legislation. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/10/25/ipass-inc-ipas-scheduled-to-post-quarterly-earnings-on-wednesday.html.

In related news, CEO Gary A. Griffiths bought 100,000 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was bought at an average cost of $0.56 per share, for a total transaction of $56,000.00. Following the completion of the transaction, the chief executive officer now owns 1,022,500 shares of the company’s stock, valued at $572,600. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 5.70% of the stock is currently owned by insiders.

An institutional investor recently raised its position in iPass stock. Northern Trust Corp increased its stake in iPass Inc. (NASDAQ:IPAS) by 2.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 130,999 shares of the technology company’s stock after acquiring an additional 3,058 shares during the period. Northern Trust Corp owned about 0.20% of iPass worth $173,000 as of its most recent SEC filing. 23.36% of the stock is currently owned by institutional investors.

iPass Company Profile

iPass Inc (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users’ access to its global Wi-Fi network to stay connected to the people and information.

Earnings History for iPass (NASDAQ:IPAS)

Receive News & Ratings for iPass Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iPass Inc. and related companies with MarketBeat.com's FREE daily email newsletter.