Towerstream Company Profile (NASDAQ:TWER)

About Towerstream (NASDAQ:TWER)

Towerstream logoTowerstream Corporation is a provider of fixed wireless services to businesses in over 10 urban markets across the United States. The Company operates through Fixed Wireless Services (Fixed Wireless) segment. Its fixed wireless service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. Towerstream installs equipment on the rooftops of the buildings in which the Fixed Wireless segment customers operate and refer to these as Customer Locations. This equipment includes receivers and antennas, and a wireless connection is established between the Customer Location to one or more of its points of presence (PoPs). It provides fixed wireless broadband services to commercial customers and delivers access over a Wireless network transmitting over both regulated and unregulated radio spectrum. It provides services to business customers in various locations, including New York City, Boston, Chicago and Houston.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Communication Services
  • Sub-Industry: Alternative Carriers
  • Symbol: NASDAQ:TWER
  • CUSIP: 89200010
  • Web: www.towerstream.com
Capitalization:
  • Market Cap: $3.69 million
  • Outstanding Shares: 20,777,000
Average Prices:
  • 50 Day Moving Avg: $0.13
  • 200 Day Moving Avg: $0.24
  • 52 Week Range: $0.10 - $6.40
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.06
  • P/E Growth: 0.0000
Sales & Book Value:
  • Annual Revenue: $26.73 million
  • Price / Sales: 0.13
  • Book Value: ($0.30) per share
  • Price / Book: -0.56
Profitability:
  • EBIDTA: ($1,140,000.00)
  • Net Margins: -115.28%
  • Return on Equity: -1,151.39%
  • Return on Assets: -50.85%
Debt:
  • Debt-to-Equity Ratio: -5.56%
  • Current Ratio: 2.18%
  • Quick Ratio: 2.18%
Misc:
  • Average Volume: 162,265 shs.
  • Beta: 1.15
  • Short Ratio: 1.06
 

Frequently Asked Questions for Towerstream (NASDAQ:TWER)

What is Towerstream's stock symbol?

Towerstream trades on the NASDAQ under the ticker symbol "TWER."

How were Towerstream's earnings last quarter?

Towerstream Co. (NASDAQ:TWER) issued its quarterly earnings data on Monday, May, 15th. The company reported ($0.19) EPS for the quarter, missing the Zacks' consensus estimate of ($0.07) by $0.12. The company had revenue of $6.57 million for the quarter. Towerstream had a negative net margin of 115.28% and a negative return on equity of 1,151.39%. During the same quarter last year, the company posted ($0.19) earnings per share. View Towerstream's Earnings History.

Who are some of Towerstream's key competitors?

How do I buy Towerstream stock?

Shares of Towerstream can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Towerstream stock cost?

One share of Towerstream stock can currently be purchased for approximately $0.17.

Analyst Ratings

Consensus Ratings for Towerstream (NASDAQ:TWER) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Towerstream (NASDAQ:TWER)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/22/2016HC WainwrightReiterated RatingBuyN/AView Rating Details
2/18/2016DA DavidsonDowngradeBuy -> Neutral$2.50 -> $0.25N/AView Rating Details
8/11/2015Rodman & RenshawUpgradeNeutral -> Buy$3.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Towerstream (NASDAQ:TWER)
Earnings by Quarter for Towerstream (NASDAQ:TWER)
Earnings History by Quarter for Towerstream (NASDAQ:TWER)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/15/2017Q1 2017($0.07)($0.19)$6.57 millionViewN/AView Earnings Details
11/14/2016Q3 2016($1.19)($1.00)$7.00 million$6.66 millionViewN/AView Earnings Details
5/10/2016Q1($0.11)($0.08)$6.73 millionViewListenView Earnings Details
3/18/2016Q4($0.13)($0.60)$6.75 millionViewListenView Earnings Details
11/9/2015Q3($0.14)($0.13)$7.98 million$7.80 millionViewListenView Earnings Details
8/10/2015Q115($0.13)($0.13)$8.27 million$7.85 millionViewListenView Earnings Details
5/11/2015Q1($0.12)($0.13)$8.42 million$7.96 millionViewListenView Earnings Details
3/12/2015Q414($0.10)($0.12)$8.50 million$80.09 millionViewListenView Earnings Details
11/10/2014Q3 14($0.10)($0.09)$8.30 million$8.30 millionViewN/AView Earnings Details
8/11/2014Q214($0.10)($0.10)$8.97 million$8.27 millionViewN/AView Earnings Details
5/12/2014($0.10)($0.10)$8.54 million$8.38 millionViewN/AView Earnings Details
3/17/2014Q413($0.10)($0.10)$8.58 million$8.52 millionViewN/AView Earnings Details
11/12/2013Q3($0.09)($0.09)ViewListenView Earnings Details
8/8/2013Q2 2013($0.10)($0.09)$8.50 million$8.20 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.11)($0.09)ViewN/AView Earnings Details
11/8/2012Q312($0.09)($0.10)$8.36 million$8.13 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Towerstream (NASDAQ:TWER)
2017 EPS Consensus Estimate: ($0.27)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.07)($0.07)($0.07)
Q2 20171($0.07)($0.07)($0.07)
Q3 20171($0.07)($0.07)($0.07)
Q4 20171($0.06)($0.06)($0.06)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Towerstream (NASDAQ:TWER)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Towerstream (NASDAQ:TWER)
Insider Ownership Percentage: 4.50%
Institutional Ownership Percentage: 13.41%
Insider Trades by Quarter for Towerstream (NASDAQ:TWER)
Institutional Ownership by Quarter for Towerstream (NASDAQ:TWER)
Insider Trades by Quarter for Towerstream (NASDAQ:TWER)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/22/2015Paul KoehlerDirectorBuy10,000$0.40$4,000.00View SEC Filing  
12/21/2015Howard L. HaronianDirectorBuy15,000$0.37$5,550.00View SEC Filing  
12/10/2015Philip UrsoDirectorBuy8,200$0.40$3,280.00View SEC Filing  
12/9/2015Howard L HaronianDirectorBuy5,000$0.32$1,600.00View SEC Filing  
11/16/2015Jeffrey M. ThompsonCEOSell433,978$0.53$230,008.34View SEC Filing  
9/24/2014Jeffrey M ThompsonCEOSell40,000$1.49$59,600.00View SEC Filing  
9/23/2014Jeffrey M ThompsonCEOSell20,970$1.57$32,922.90View SEC Filing  
4/2/2014Philip UrsoDirectorSell17,000$2.40$40,800.00View SEC Filing  
9/24/2013Philip UrsoDirectorSell8,500$2.47$20,995.00View SEC Filing  
3/27/2013Howard L HaronianDirectorBuy2,000$2.23$4,460.00View SEC Filing  
3/25/2013Howard L HaronianDirectorBuy21,000$2.35$49,350.00View SEC Filing  
1/15/2013Philip UrsoDirectorSell17,000$3.37$57,290.00View SEC Filing  
9/13/2012Jeffrey M ThompsonCEOSell140,309$3.84$538,786.56View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Towerstream (NASDAQ:TWER)
Latest Headlines for Towerstream (NASDAQ:TWER)
Source:
DateHeadline
finance.yahoo.com logoTowerstream Adds Industry Veteran Don MacNeil to its Board of Directors
finance.yahoo.com - May 22 at 7:22 PM
americanbankingnews.com logoTowerstream Co. (TWER) Posts Earnings Results, Misses Expectations By $0.12 EPS
www.americanbankingnews.com - May 16 at 4:44 PM
finance.yahoo.com logoTowerstream Reports Upon First Quarter Results for 2017 and Comments on Key Performance Indicators
finance.yahoo.com - May 15 at 7:33 PM
finance.yahoo.com logoTowerstream reports 1Q loss
finance.yahoo.com - May 15 at 7:33 PM
feeds.benzinga.com logoTowerstream Appoints Laura W. Thomas as Chief Financial Officer
feeds.benzinga.com - May 15 at 12:11 PM
seekingalpha.com logoTowerstream appoints Laura W. Thomas as CFO
seekingalpha.com - May 15 at 11:19 AM
americanbankingnews.com logoTowerstream Co. (TWER) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - May 6 at 7:14 AM
americanbankingnews.com logoTowerstream (TWER) Receiving Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - May 2 at 5:36 PM
americanbankingnews.com logoSomewhat Negative Press Coverage Unlikely to Affect Towerstream (TWER) Stock Price
www.americanbankingnews.com - April 26 at 11:12 AM
americanbankingnews.com logoTowerstream (TWER) Getting Very Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 17 at 12:50 PM
americanbankingnews.com logoTowerstream (TWER) Given Daily Media Impact Rating of 0.22
www.americanbankingnews.com - April 13 at 2:38 PM
globenewswire.com logoTowerstream Launches "3-Point Guarantee" Creating Unique Value ... - GlobeNewswire (press release)
globenewswire.com - April 7 at 1:10 PM
finance.yahoo.com logoTowerstream Corp. :TWER-US: Earnings Analysis: Q4, 2016 By the Numbers : April 6, 2017
finance.yahoo.com - April 7 at 1:10 PM
finance.yahoo.com logoTowerstream Launches "3-Point Guarantee" Creating Unique Value Promise For Its Customers
finance.yahoo.com - April 7 at 1:10 PM
biz.yahoo.com logoQ4 2016 Towerstream Corp Earnings Release - Time Not Supplied
us.rd.yahoo.com - April 1 at 7:42 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 10-K, Annual Report
us.rd.yahoo.com - April 1 at 7:42 AM
us.rd.yahoo.com logoTowerstream Reports Upon 2016 Financial Results and Vision for 2017
us.rd.yahoo.com - April 1 at 7:42 AM
americanbankingnews.com logoTowerstream Co. (TWER) Set to Announce Earnings on Friday
www.americanbankingnews.com - March 30 at 7:05 AM
finance.yahoo.com logoFinancial Results For 2016 To Be Reported On Friday, March 31, 2017
finance.yahoo.com - March 24 at 9:42 PM
americanbankingnews.com logo Towerstream Co. (TWER) Receives Consensus Recommendation of "" from Analysts
www.americanbankingnews.com - March 22 at 10:26 AM
americanbankingnews.com logoTowerstream Co. (TWER) to Release Earnings on Monday
www.americanbankingnews.com - March 11 at 7:33 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Se
biz.yahoo.com - February 10 at 6:17 AM
rttnews.com logoTowerstream Appoints Ernest Ortega As CEO
www.rttnews.com - January 26 at 6:31 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statements an
biz.yahoo.com - January 25 at 8:04 AM
seekingalpha.com logoTowerstream names Ortega new permanent CEO
seekingalpha.com - January 24 at 12:47 PM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc. or By
biz.yahoo.com - January 4 at 7:20 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Unregistered Sale of Equity Securities, Change in Directors or Principal Officer
biz.yahoo.com - December 23 at 2:46 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - December 16 at 6:10 AM
finance.yahoo.com logoTowerstream Initiates Move to Trade on OTCQB
finance.yahoo.com - November 30 at 10:09 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - November 25 at 7:48 PM
finance.yahoo.com logoTOWERSTREAM CORP Financials
finance.yahoo.com - November 22 at 8:11 PM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - November 22 at 8:11 PM
finance.yahoo.com logoEdited Transcript of TWER earnings conference call or presentation 16-Nov-16 10:00pm GMT
finance.yahoo.com - November 17 at 12:33 PM

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Towerstream (TWER) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff