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:
  • Market Cap: $2.43 million
  • Outstanding Shares: 21,779,000
Average Prices:
  • 50 Day Moving Avg: $0.08
  • 200 Day Moving Avg: $0.12
  • 52 Week Range: $0.06 - $1.81
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.03
  • P/E Growth: 0.0000
Sales & Book Value:
  • Annual Revenue: $26.38 million
  • Price / Sales: 0.07
  • Book Value: ($0.35) per share
  • Price / Book: -0.25
  • EBIDTA: ($1,380,000.00)
  • Net Margins: -53.20%
  • Return on Assets: -46.68%
  • Debt-to-Equity Ratio: -5.56%
  • Current Ratio: 2.18%
  • Quick Ratio: 2.18%
  • Average Volume: 348,422 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) announced its earnings results on Friday, August, 11th. The company reported ($0.24) EPS for the quarter. The firm had revenue of $6.50 million for the quarter. View Towerstream's Earnings History.

When will Towerstream make its next earnings announcement?

Towerstream is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Towerstream.

Who are some of Towerstream's key competitors?

Who are Towerstream's key executives?

Towerstream's management team includes the folowing people:

  • Philip J. Urso, Chairman of the Board
  • Ernest Ortega, Chief Executive Officer
  • Laura W. Thomas, Chief Financial Officer
  • Arthur G. Giftakis, Chief Operating Officer
  • Donald MacNeil, Director
  • William J. Bush CPA, Independent Director
  • Howard L. Haronian M.D., Independent Director
  • Paul P. Koehler, Independent Director

Who owns Towerstream stock?

Towerstream's stock is owned by many different of institutional and retail investors. Top institutional investors include STETSON JOHN (9.99%). Company insiders that own Towerstream stock include Howard L Haronian, Jeffrey M Thompson, Paul Koehler and Philip Urso. View Institutional Ownership Trends for Towerstream.

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.

What is Towerstream's stock price today?

One share of Towerstream stock can currently be purchased for approximately $0.09.

MarketBeat Community Rating for Towerstream (NASDAQ TWER)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  77 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  158
MarketBeat's community ratings are surveys of what our community members think about Towerstream and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Towerstream (NASDAQ:TWER) (How are Consensus Ratings Calculated?)
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)
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
(Data available from 9/19/2015 forward)


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
8/11/2017Q2 2017($0.24)$6.50 millionViewN/AView Earnings Details
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)


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)


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

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)


Headline Trends for Towerstream (NASDAQ:TWER)
Latest Headlines for Towerstream (NASDAQ:TWER)
DateHeadline logoReviewing Towerstream (TWER) and Inseego Corp. (INSG) - August 30 at 2:12 PM logoTowerstream's New Wholesale Division to Provide its Robust Network with Timely Installation to Carriers Across 12 ... - GlobeNewswire (press release) - August 23 at 1:05 PM logoTowerstream Corporation (TWER) Receives Activist Shareholder Letter - August 23 at 1:05 PM logoTowerstream’s New Wholesale Division to Provide its Robust Network with Timely Installation to Carriers Across 12 Major Markets - August 22 at 7:26 AM logoTowerstream (NASDAQ:TWER) vs. Crown Castle International Corporation (CCI) Critical Analysis - August 12 at 12:12 PM logoTowerstream Co. (TWER) Issues Earnings Results - August 12 at 10:40 AM logoTowerstream Reports Second Quarter 2017 Results and Progress in Key Performance Indicators - August 11 at 8:27 PM logoTowerstream reports 2Q loss - August 11 at 8:27 PM logoSBA Communications Corporation (SBAC) & Towerstream (NASDAQ:TWER) Financial Survey - August 5 at 10:24 AM logoTowerstream (TWER) & SBA Communications Corporation (SBAC) Financial Comparison - August 4 at 12:20 AM logoSBA Communications Corporation (SBAC) and Towerstream (TWER) Head-To-Head Survey - July 24 at 10:18 PM logoFinancial Contrast: Cogent Communications Holdings (CCOI) & Towerstream (NASDAQ:TWER) - July 22 at 6:29 PM logoContrasting Towerstream (TWER) & SBA Communications Corporation (SBAC) - July 13 at 8:29 PM logoHead to Head Analysis: SBA Communications Corporation (SBAC) versus Towerstream (TWER) - July 11 at 2:10 PM logoTowerstream Adds Industry Veteran Don MacNeil to its Board of Directors - May 22 at 7:22 PM logoTowerstream Co. (TWER) Posts Earnings Results, Misses Expectations By $0.12 EPS - May 16 at 4:44 PM logoTowerstream Reports Upon First Quarter Results for 2017 and Comments on Key Performance Indicators - May 15 at 7:33 PM logoTowerstream reports 1Q loss - May 15 at 7:33 PM logoTowerstream Appoints Laura W. Thomas as Chief Financial Officer - May 15 at 12:11 PM logoTowerstream appoints Laura W. Thomas as CFO - May 15 at 11:19 AM logoTowerstream Co. (TWER) Set to Announce Quarterly Earnings on Monday - May 6 at 7:14 AM logoTowerstream (TWER) Receiving Positive Media Coverage, Analysis Finds - May 2 at 5:36 PM logoSomewhat Negative Press Coverage Unlikely to Affect Towerstream (TWER) Stock Price - April 26 at 11:12 AM logoTowerstream (TWER) Getting Very Favorable Media Coverage, Study Finds - April 17 at 12:50 PM logoTowerstream (TWER) Given Daily Media Impact Rating of 0.22 - April 13 at 2:38 PM logoTowerstream Launches "3-Point Guarantee" Creating Unique Value ... - GlobeNewswire (press release) - April 7 at 1:10 PM logoTowerstream Corp. :TWER-US: Earnings Analysis: Q4, 2016 By the Numbers : April 6, 2017 - April 7 at 1:10 PM logoTowerstream Launches "3-Point Guarantee" Creating Unique Value Promise For Its Customers - April 7 at 1:10 PM logoQ4 2016 Towerstream Corp Earnings Release - Time Not Supplied - April 1 at 7:42 AM logoTOWERSTREAM CORP Files SEC form 10-K, Annual Report - April 1 at 7:42 AM logoTowerstream Reports Upon 2016 Financial Results and Vision for 2017 - April 1 at 7:42 AM logoTowerstream Co. (TWER) Set to Announce Earnings on Friday - March 30 at 7:05 AM logoFinancial Results For 2016 To Be Reported On Friday, March 31, 2017 - March 24 at 9:42 PM logo Towerstream Co. (TWER) Receives Consensus Recommendation of "" from Analysts - March 22 at 10:26 AM logoTowerstream Co. (TWER) to Release Earnings on Monday - March 11 at 7:33 AM logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Se - February 10 at 6:17 AM logoTowerstream Appoints Ernest Ortega As CEO - January 26 at 6:31 AM logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statements an - January 25 at 8:04 AM logoTowerstream names Ortega new permanent CEO - January 24 at 12:47 PM logoTOWERSTREAM CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc. or By - January 4 at 7:20 AM logoTOWERSTREAM CORP Files SEC form 8-K, Unregistered Sale of Equity Securities, Change in Directors or Principal Officer - December 23 at 2:46 AM logoTOWERSTREAM CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders - December 16 at 6:10 AM logoTowerstream Initiates Move to Trade on OTCQB - November 30 at 10:09 AM logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits - November 25 at 7:48 PM logoTOWERSTREAM CORP Financials - November 22 at 8:11 PM logoTOWERSTREAM CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits - November 22 at 8:11 PM logoEdited Transcript of TWER earnings conference call or presentation 16-Nov-16 10:00pm GMT - November 17 at 12:33 PM



Towerstream (TWER) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by Staff