Towerstream Corp. Company Profile (NASDAQ:TWER)

About Towerstream Corp.

Towerstream Corp. 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
  • Exchange: NASDAQ
  • Symbol: TWER
  • CUSIP: 89200010
Key Metrics:
  • Previous Close: $1.32
  • 50 Day Moving Average: $2.05
  • 200 Day Moving Average: $3.11
  • 52-Week Range: $1.25 - $22.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.32
  • P/E Growth: -0.01
  • Market Cap: $6.00M
  • Outstanding Shares: 4,549,000
  • Beta: 1.66
Profitability:
  • Net Margins: -122.42%
  • Return on Equity: -1,151.39%
  • Return on Assets: -51.85%
Debt:
  • Debt-to-Equity Ratio: -5.42%
  • Current Ratio: 1.66%
  • Quick Ratio: 1.66%
Additional Links:
Companies Related to Towerstream Corp.:

Analyst Ratings

Consensus Ratings for Towerstream Corp. (NASDAQ:TWER) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $0.25 (81.06% downside)

Analysts' Ratings History for Towerstream Corp. (NASDAQ:TWER)
Show:
DateFirmActionRatingPrice TargetDetails
3/22/2016HC WainwrightReiterated RatingBuyView Rating Details
2/18/2016DA DavidsonDowngradeBuy -> Neutral$2.50 -> $0.25View Rating Details
8/11/2015Rodman & RenshawUpgradeNeutral -> Buy$3.00View Rating Details
5/22/2015Canaccord GenuityReiterated RatingBuy$3.10 -> $2.30View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Towerstream Corp. (NASDAQ:TWER)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2016        
8/9/2016Q2($1.60)($1.38)ViewN/AView Earnings Details
5/10/2016Q1($0.11)($0.08)ViewListenView Earnings Details
3/15/2016Q4($0.13)($0.60)ViewListenView Earnings Details
11/9/2015Q3($0.14)($0.13)ViewListenView Earnings Details
8/10/2015Q115($0.13)($0.13)$8.27 million$7.85 millionViewListenView Earnings Details
5/11/2015Q1($0.12)($0.13)ViewListenView 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)ViewN/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 Corp. (NASDAQ:TWER)
Current Year EPS Consensus Estimate: $-5.77 EPS
Next Year EPS Consensus Estimate: $-4.13 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.10)($0.10)($0.10)
Q2 20162($0.12)($0.09)($0.11)
Q3 20162($0.12)($0.08)($0.10)
Q4 20162($0.11)($0.07)($0.09)
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 Corp. (NASDAQ:TWER)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Towerstream Corp. (NASDAQ:TWER)
Insider Ownership Percentage: 4.50%
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

Latest Headlines for Towerstream Corp. (NASDAQ:TWER)
DateHeadline
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:TWER)
biz.yahoo.com - September 28 at 7:34 PM
News IconPenny Stock Investors are Growing Curious About Towerstream Corporation (NASDAQ:TWER) - Duncan Research (NASDAQ:TWER)
www.duncanindependent.com - September 27 at 7:47 PM
News IconTowerstream Corporation (NASDAQ:TWER) Shorted Shares Decreased By 4.69% - Post News (NASDAQ:TWER)
www.kentuckypostnews.com - September 27 at 11:13 AM
finance.yahoo.com logoTowerstream Announces the Closing of its Public Offering - Yahoo Finance (NASDAQ:TWER)
finance.yahoo.com - September 23 at 7:09 PM
globenewswire.com logoTowerstream to Add 70 New On-Net Buildings in Q3 - GlobeNewswire (press release) (NASDAQ:TWER)
globenewswire.com - September 23 at 7:09 PM
News IconUnder the Microscope, Zeroing in at Towerstream Corporation (NASDAQ:TWER) - Duncan Research (NASDAQ:TWER)
www.duncanindependent.com - September 23 at 7:09 PM
wallstrt24.com logoHot Stocks - Nokia, (NYSE:NOK), Towerstream Corporation, (NASDAQ:TWER), PPG Industries, (NYSE:PPG) - Wall Street 24 (NASDAQ:TWER)
wallstrt24.com - September 23 at 7:09 PM
News IconKeen Investors Find News on Towerstream Corporation (NASDAQ:TWER) - Duncan Research (NASDAQ:TWER)
www.duncanindependent.com - September 23 at 7:09 PM
News IconTowerstream Announces the Closing of its Public Offering (NASDAQ:TWER)
www.telecomengine.com - September 22 at 7:27 PM
globenewswire.com logoTowerstream to Add 70 New On-Net Buildings in Q3 (NASDAQ:TWER)
globenewswire.com - September 22 at 7:27 PM
News IconTowerstream (TWER) Stock: Gaining on Q3 Expectations (NASDAQ:TWER)
www.modestmoney.com - September 22 at 7:27 PM
seekingalpha.com logoNew building additions rising 70% from Q2 for Towerstream (NASDAQ:TWER)
seekingalpha.com - September 22 at 7:15 PM
News IconPenny Stock Investors Take an Interest in Towerstream Corporation (NASDAQ:TWER) - Duncan Research (NASDAQ:TWER)
www.duncanindependent.com - September 20 at 5:14 PM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securiti (NASDAQ:TWER)
biz.yahoo.com - September 20 at 5:14 PM
globenewswire.com logoTowerstream Announces $4 Million Public Offering - GlobeNewswire (press release) (NASDAQ:TWER)
globenewswire.com - September 17 at 7:11 PM
benzinga.com logoMid-Morning Market Update: Markets Open Lower; Intel Lifts Q3 Revenue Outlook (NASDAQ:TWER)
www.benzinga.com - September 16 at 7:30 PM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements a (NASDAQ:TWER)
biz.yahoo.com - September 16 at 7:30 PM
News IconErnie Ortega Joins Towerstream – Former Cogent Chief Revenue Officer will Assume Consulting Role for Sales and ... - EconoTimes (NASDAQ:TWER)
www.econotimes.com - September 16 at 11:27 AM
nasdaq.com logoTowerstream Announces $4 Million Public Offering - Nasdaq (NASDAQ:TWER)
www.nasdaq.com - September 16 at 11:27 AM
finance.yahoo.com logoTowerstream Announces $4 Million Public Offering (NASDAQ:TWER)
finance.yahoo.com - September 16 at 11:27 AM
finance.yahoo.com logo9:34 am Towerstream announces a 2.9 mln share public offering of common stock priced at $1.35/share for proceeds of $4 mln (NASDAQ:TWER)
finance.yahoo.com - September 16 at 11:27 AM
seekingalpha.com logoTowerstream -14.6% as it prices $4M offering (NASDAQ:TWER)
seekingalpha.com - September 16 at 10:54 AM
News IconIs Selling Towerstream Corporation Here a Winning Strategy? - Chester News (NASDAQ:TWER)
www.chesterindependent.com - September 15 at 7:56 PM
nasdaq.com logoErnie Ortega Joins Towerstream – Former Cogent Chief Revenue ... - Nasdaq (NASDAQ:TWER)
www.nasdaq.com - September 15 at 7:56 PM
nasdaq.com logoErnie Ortega Joins Towerstream – Former Cogent Chief Revenue Officer will Assume Consulting Role for Sales and Marketing (NASDAQ:TWER)
www.nasdaq.com - September 15 at 11:34 AM
investornewswire.com logoCan Towerstream Corporation (NASDAQ:TWER) Post EPS of $-1.15? - Investor Newswire (NASDAQ:TWER)
www.investornewswire.com - September 14 at 12:09 PM
News IconTech Stocks Buzzer= Towerstream (TWER), Micron Technology, Inc. (NASDAQ:MU) - share market updates (press release) (NASDAQ:TWER)
sharemarketupdates.com - September 9 at 8:33 AM
News IconTech Stocks in Top Row= Towerstream (TWER), QUALCOMM, Inc. (NASDAQ:QCOM) - share market updates (press release) (NASDAQ:TWER)
sharemarketupdates.com - September 9 at 8:33 AM
investornewswire.com logoCan Towerstream Corporation (NASDAQ:TWER) Keep Up With Analyst Expectations? - Investor Newswire (NASDAQ:TWER)
www.investornewswire.com - September 3 at 6:51 PM
News IconTech Stocks Newsbeat: Towerstream Corporation (TWER), Globalstar, Inc. (GSAT) - share market updates (press release) (NASDAQ:TWER)
sharemarketupdates.com - August 25 at 8:14 PM
finance.yahoo.com logoTOWERSTREAM CORP Financials (NASDAQ:TWER)
finance.yahoo.com - August 24 at 7:42 PM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:TWER)
biz.yahoo.com - August 15 at 8:19 PM
4-traders.com logoIridium Communications : Technical Roundup on Communication Services Stocks -- BlackBerry, Vonage, Towerstream, and Iridium Communications (NASDAQ:TWER)
www.4-traders.com - August 12 at 11:13 AM
News IconTechnical Roundup on Communication Services Stocks — BlackBerry, Vonage, Towerstream, and Iridium Communications (NASDAQ:TWER)
www.southcarolinasc.com - August 12 at 11:13 AM
News IconTech Stocks News Alerts: Hewlett Packard Enterprise Co (NYSE:HPE), Towerstream Corporation (NASDAQ:TWER) - share market updates (press release) (NASDAQ:TWER)
sharemarketupdates.com - August 10 at 8:38 PM
News IconTowerstream Reports Financial Improvements in 2nd Quarter 2016 Financial Results (NASDAQ:TWER)
stockguru.com - August 10 at 11:09 AM
seekingalpha.com logoTowerstream's (TWER) CEO Philip Urso on Q2 2016 Results - Earnings Call Transcript (NASDAQ:TWER)
seekingalpha.com - August 10 at 11:09 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:TWER)
biz.yahoo.com - August 10 at 11:09 AM
rttnews.com logoEARNINGS SUMMARY: Details of TowerStream Corporation Q2 Earnings Report (NASDAQ:TWER)
www.rttnews.com - August 9 at 8:19 PM
sg.finance.yahoo.com logoTowerstream reports 2Q loss (NASDAQ:TWER)
sg.finance.yahoo.com - August 9 at 8:19 PM
seekingalpha.com logoTowerstream recovering, +3.1% after Q2 earnings (NASDAQ:TWER)
seekingalpha.com - August 9 at 6:40 PM
biz.yahoo.com logoQ2 2016 Towerstream Corp Earnings Release - After Market Close (NASDAQ:TWER)
biz.yahoo.com - August 9 at 11:25 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:TWER)
biz.yahoo.com - August 9 at 11:25 AM
finance.yahoo.com logoTowerstream Attains $414K of Adjusted EBITDA for Q2 2016 (NASDAQ:TWER)
finance.yahoo.com - August 9 at 11:25 AM
publicnow.com logoTowerstream to Report Second Quarter 2016 Financial Results on August 9, 2016 (NASDAQ:TWER)
www.publicnow.com - August 9 at 11:25 AM
seekingalpha.com logoTowerstream -12.1%, previews earnings with call coming after bell (NASDAQ:TWER)
seekingalpha.com - August 9 at 11:21 AM
News IconTech Stocks Overview: Towerstream Corporation (NASDAQ:TWER), Micron Technology, Inc. (NASDAQ:MU) - share market updates (press release) (NASDAQ:TWER)
sharemarketupdates.com - August 4 at 8:27 PM
fortune.com logoWhich way Towerstream Corporation (NASDAQ:TWER) insiders are heading - Review Fortune (NASDAQ:TWER)
reviewfortune.com - July 26 at 11:31 AM
finance.yahoo.com logoTowerstream Regains Compliance with NASDAQ Minimum Share Price Requirement (NASDAQ:TWER)
finance.yahoo.com - July 25 at 9:45 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Other Events (NASDAQ:TWER)
biz.yahoo.com - July 25 at 6:09 AM

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Towerstream Corp. (NASDAQ:TWER) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff