iPass Inc. (Nasdaq: IPAS) reported a loss for the fourth quarter of 6 cents per share compared with a loss of 7 cents per share in the year ago period and
concluded its strategic alternatives review with the decision to remain
an independent company. The company also appointed Gary Griffiths to the
position of chief executive officer and Patricia Hume to the newly
created position of chief commercial officer. The stock price plunged 36 cents to close at $0.90.
iPass reports loss
February 19, 2015 at 15:41 PM EST