HACKENSACK, N.J.—Wireless data services provider GoAmerica Inc. reported a growing subscriber base, declining churn percentages, improved earnings before interest, taxes, depreciation and amortization, and lowered cash burn.
“We continue to make great progress at driving the business toward profitability,” said Aaron Dobrinsky, the company’s chairman and chief executive officer.
GoAmerica showed total subscribers of 153,000, an EBITDA loss of $10.7 million and a net loss of $12.2 million.