Towerstream Corporation, together with its subsidiaries, provides fixed wireless broadband services over a wireless network transmitting over regulated and unregulated radio spectrum to commercial customers in the United States. The company's wireless broadband service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data, and video services. It serves business customers in New York City, Boston, Chicago, Los Angeles, San Francisco, Seattle, Miami, Dallas-Fort Worth, Houston, Philadelphia, Las Vegas-Reno, and Providence-Newport. The company offers its services through direct sales force. Towerstream Corporation was founded in 1999 and is headquartered in Middletown, Rhode Island.
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 Ratio0.17
Quick Ratio0.17
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-44.16%
Return on EquityN/A
Return on Assets-44.07%
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 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) announced its quarterly earnings data on Friday, August, 11th. The technology company reported ($18.00) earnings per share for the quarter. The technology company earned $6.50 million during the quarter. View Towerstream's Earnings History.
When is Towerstream's next earnings date?
Who are some of Towerstream's key competitors?
Who are Towerstream's key executives?
Towerstream's management team includes the folowing people:
- Mr. Philip J. Urso, Founder & Chairman (Age 59)
- Mr. Arthur G. Giftakis, Chief Operating Officer (Age 52)
- Mr. Ernest Ortega, Pres & CEO (Age 53)
- Mr. John D. MacDonald, Chief Financial Officer (Age 47)
- Jason Dennis, Director of Marketing and Sales Operations
Has Towerstream been receiving favorable news coverage?
News articles about TWER stock have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Towerstream earned a daily sentiment score of 0.04 on Accern's scale. They also assigned press coverage about the technology company an impact score of 45.48 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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 $2.65.
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.
