About Towerstream (OTCMKTS:TWER)
Towerstream 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
Industry Communication services, not elsewhere classified
Sub-IndustryAlternative Carriers
SectorComputer and Technology
SymbolOTCMKTS:TWER
CUSIP89200010
Phone401-848-5848
Debt
Debt-to-Equity Ratio-0.02%
Current Ratio0.22%
Quick Ratio0.22%
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$26.21 million
Price / Sales0.04
Cash FlowN/A
Price / CashN/A
Book Value($36.49) per share
Price / Book-0.07
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-12,460,000.00
Net Margins-47.73%
Return on EquityN/A
Return on Assets-44.40%
Miscellaneous
Employees83
Outstanding Shares390,000
Towerstream (OTCMKTS:TWER) Frequently Asked Questions
What is Towerstream's stock symbol?
Towerstream trades on the OTCMKTS under the ticker symbol "TWER."
When did Towerstream's stock split? How did Towerstream's stock split work?
Towerstream shares reverse split on the morning of Friday, September 29th 2017. The 1-75 reverse split was announced on Thursday, September 28th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, September 28th 2017. An investor that had 100 shares of Towerstream stock prior to the reverse split would have 1 shares after the split.
How were Towerstream's earnings last quarter?
Towerstream Co. (OTCMKTS:TWER) issued its quarterly earnings results on Friday, August, 11th. The technology company reported ($18.00) EPS for the quarter. The technology company had revenue of $6.50 million for the quarter. View Towerstream's Earnings History.
When is Towerstream's next earnings date?
Who are some of Towerstream's key competitors?
Some companies that are related to Towerstream include Directview (DIRV), Feedback (FDBK), Iveda Solutions (IVDA), Function(x) (FNCX), Trimedyne (TMED), Servision (SEV), Inventergy Global (INVT), Viewtran Group (VIEWF), Xtera (XCOMQ), TranSwitch (TXCCQ), Uni-Pixel (UNXLQ), Velti (VELTF), Local (LOCMQ), AMS (AMSSY), ASE Group (ASX), ChinaCache (CCIH), DigitalGlobe (DGI) and eServGlobal (ESG).
Who are Towerstream's key executives?
Towerstream's management team includes the folowing people:
- Philip J. Urso, Chairman of the Board (Age 58)
- Ernest Ortega, Chief Executive Officer, Director (Age 52)
- John Macdonald CPA, Chief Financial Officer (Age 47)
- Arthur G. Giftakis, Chief Operating Officer (Age 51)
- William J. Bush CPA, Independent Director (Age 53)
- Howard L. Haronian M.D., Independent Director (Age 55)
Has Towerstream been receiving favorable news coverage?
News articles about TWER stock have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Towerstream earned a media sentiment score of 0.19 on Accern's scale. They also gave headlines about the technology company an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Towerstream's major shareholders?
How do I buy shares of Towerstream?
Shares of TWER can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Towerstream's stock price today?
One share of TWER stock can currently be purchased for approximately $2.60.
How big of a company is Towerstream?
Towerstream has a market capitalization of $1.03 million and generates $26.21 million in revenue each year. Towerstream employs 83 workers across the globe.
How can I contact Towerstream?
Towerstream's mailing address is 76 Hammarlund Way, Middletown RI, 02842. The technology company can be reached via phone at 401-848-5848 or via email at [email protected]
MarketBeat Community Rating for Towerstream (TWER)
MarketBeat's community ratings are surveys of what our community members think about Towerstream and other stocks. Vote "Outperform" if you believe TWER will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TWER will underperform the S&P 500 over the long term. You may vote once every thirty days.
Towerstream (OTCMKTS:TWER) Analyst Ratings History
| Date | Brokerage | Action | Rating | Price Target | Details |
|---|
(Data available from 4/20/2016 forward)
Towerstream (OTCMKTS:TWER) Earnings History and Estimates Chart
Towerstream (OTCMKTS TWER) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/21/2018 | | | | | | | | |
| 11/14/2017 | Q3 2017 | | ($8.30) | | $6.56 million | View | N/A |  |
| 8/11/2017 | Q2 2017 | | ($18.00) | | $6.50 million | View | N/A | |
| 5/15/2017 | Q1 2017 | ($5.25) | ($14.25) | | $6.57 million | View | N/A | |
| 11/14/2016 | Q3 2016 | ($89.25) | ($75.00) | $7.00 million | $6.66 million | View | N/A | |
| 8/9/2016 | Q2 2016 | ($120.30) | ($102.26) | $6.80 million | $6.87 million | View | N/A | |
| 5/10/2016 | Q1 | ($8.25) | ($6.00) | | $6.73 million | View | Listen | |
| 3/18/2016 | Q4 | ($9.75) | ($45.00) | | $6.75 million | View | Listen | |
| 11/9/2015 | Q3 | ($10.50) | ($9.75) | $7.98 million | $7.80 million | View | Listen | |
| 8/10/2015 | Q115 | ($9.75) | ($9.75) | $8.27 million | $7.85 million | View | Listen | |
| 5/11/2015 | Q1 | ($8.6250) | ($9.75) | $8.42 million | $7.96 million | View | Listen | |
| 3/12/2015 | Q414 | ($7.50) | ($9.00) | $8.50 million | $80.09 million | View | Listen | |
| 11/10/2014 | Q3 14 | ($7.50) | ($6.75) | $8.30 million | $8.30 million | View | N/A | |
| 8/11/2014 | Q214 | ($7.50) | ($7.50) | $8.97 million | $8.27 million | View | N/A | |
| 5/12/2014 | | ($7.50) | ($7.50) | $8.54 million | $8.38 million | View | N/A | |
| 3/17/2014 | Q413 | ($7.50) | ($7.50) | $8.58 million | $8.52 million | View | N/A | |
| 11/12/2013 | Q3 | ($6.75) | ($6.75) | $8.68 million | $8.40 million | View | Listen | |
| 8/8/2013 | Q2 2013 | ($7.50) | ($6.75) | $8.50 million | $8.20 million | View | N/A | |
| 5/9/2013 | Q1 2013 | ($8.25) | ($6.75) | $8.40 million | $8.30 million | View | N/A | |
| 3/18/2013 | Q4 2012 | ($165.41) | ($180.45) | | | View | N/A | |
| 11/8/2012 | Q312 | ($6.75) | ($7.50) | $8.36 million | $8.13 million | View | N/A | |
| 8/9/2012 | Q2 2012 | | ($135.34) | | | View | N/A | |
| 5/10/2012 | Q1 2012 | | ($76.69) | | | View | N/A | |
| 3/14/2012 | Q4 2011 | ($75.19) | ($58.65) | | | View | N/A | |
| 11/14/2011 | Q3 2011 | ($60.15) | ($64.66) | | | View | N/A | |
| 8/15/2011 | Q2 2011 | ($60.15) | ($64.66) | | | View | N/A | |
| 5/10/2011 | Q1 2011 | ($45.11) | ($49.62) | | | View | N/A | |
| 3/17/2011 | Q4 2010 | ($60.15) | ($54.14) | | | View | N/A | |
| 11/4/2010 | Q3 2010 | ($60.15) | ($60.15) | | | View | N/A | |
| 8/4/2010 | Q2 2010 | ($60.15) | ($55.64) | | | View | N/A | |
| 5/11/2010 | Q1 2010 | ($75.19) | ($66.17) | | | View | N/A | |
| 3/17/2010 | Q4 2009 | ($90.23) | ($85.71) | | | View | N/A | |
| 11/4/2009 | Q3 2009 | ($90.23) | ($93.23) | | | View | N/A | |
| 8/5/2009 | Q2 2009 | ($90.23) | ($91.73) | | | View | N/A | |
| 5/6/2009 | Q1 2009 | ($105.26) | ($105.26) | | | View | N/A | |
| 3/18/2009 | Q4 2008 | ($135.34) | ($123.31) | | | View | N/A | |
| 11/5/2008 | Q3 2008 | ($150.38) | ($139.85) | | | View | N/A | |
| 5/7/2008 | Q1 2008 | ($120.30) | ($150.38) | | | View | N/A | |
| 3/19/2008 | Q4 2007 | ($90.23) | ($120.30) | | | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
Towerstream (OTCMKTS:TWER) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Towerstream (OTCMKTS TWER) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 6.40%
Towerstream (OTCMKTS TWER) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/22/2015 | Paul Koehler | Director | Buy | 10,000 | $0.40 | $4,000.00 | 15,673 | |
| 12/21/2015 | Howard L. Haronian | Director | Buy | 15,000 | $0.37 | $5,550.00 | 1,074,196 | |
| 12/10/2015 | Philip Urso | Director | Buy | 8,200 | $0.40 | $3,280.00 | 1,378,643 | |
| 12/9/2015 | Howard L Haronian | Director | Buy | 5,000 | $0.32 | $1,600.00 | 1,059,196 | |
| 11/16/2015 | Jeffrey M. Thompson | CEO | Sell | 433,978 | $0.53 | $230,008.34 | 1,604,065 | |
| 9/24/2014 | Jeffrey M Thompson | CEO | Sell | 40,000 | $1.49 | $59,600.00 | | |
| 9/23/2014 | Jeffrey M Thompson | CEO | Sell | 20,970 | $1.57 | $32,922.90 | | |
| 4/2/2014 | Philip Urso | Director | Sell | 17,000 | $2.40 | $40,800.00 | 1,320,930 | |
| 9/24/2013 | Philip Urso | Director | Sell | 8,500 | $2.47 | $20,995.00 | 1,320,930 | |
| 3/27/2013 | Howard L Haronian | Director | Buy | 2,000 | $2.23 | $4,460.00 | | |
| 3/25/2013 | Howard L Haronian | Director | Buy | 21,000 | $2.35 | $49,350.00 | | |
| 1/15/2013 | Philip Urso | Director | Sell | 17,000 | $3.37 | $57,290.00 | | |
| 9/13/2012 | Jeffrey M Thompson | CEO | Sell | 140,309 | $3.84 | $538,786.56 | | |
(Data available from 1/1/2013 forward)
Towerstream (OTCMKTS TWER) News Headlines
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Towerstream (OTCMKTS:TWER) SEC Filings
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Towerstream (OTCMKTS:TWER) Income Statement, Balance Sheet and Cash Flow Statement
Towerstream (OTCMKTS TWER) Stock Chart for Friday, April, 20, 2018
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