Towerstream (TWER) Stock Price, News & Analysis

Company Overview

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. Its wireless broadband service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data, and video services. The company also offers business class Internet services, such as single tenant service that delivers fixed wireless broadband to a single client through a radio receiver/transmitter on the client's building dedicated solely to that client; and on-net services to connect building at once and at a cost similar for one high bandwidth customer requiring point-to-point equipment. In addition, it provides temporary Internet solutions to provide solutions for a client's short-term connection requirements in locations where fiber, copper, and cable infrastructure does not exist or is cost prohibitive. Further, the company offers wholesale Internet services to deliver dedicated Internet access and point-to-point transport solutions with bandwidth options from 5Mbps to 10mbps through fixed wireless network. 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.

Key Stats

• Today's Range: $0.01 to $0.01
• 50-Day Range: $0.01 to $0.11
• 52-Week Range: $0.01 to $0.01
• Volume: N/A
• Average Volume: 1,126 shs
• Market Capitalization: $3,900.00
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

TWER Stock Analysis - Frequently Asked Questions

How have TWER shares performed this year?

Towerstream's stock was trading at $0.1050 at the beginning of 2024. Since then, TWER stock has decreased by 90.5% and is now trading at $0.01.
View the best growth stocks for 2024 here.

How were Towerstream's earnings last quarter?

Towerstream Co. (OTCMKTS:TWER) posted its earnings results on Monday, August, 20th. The technology company reported ($5.66) EPS for the quarter. The technology company earned $6.22 million during the quarter.

When did Towerstream's stock split?

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 market closes on Thursday, September 28th 2017. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

How do I buy shares of Towerstream?

Shares of TWER stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Towerstream own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Towerstream investors own include Warren Resources (WRESQ), Nokia Oyj (NOK), ODP (ODP), Frontier Communications (FTR), Gevo (GEVO), Canopy Growth (CGC) and Linn Energy (LINEQ).

Company Calendar

• Last Earnings: 8/20/2018
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Computer and Technology
• Industry: Communication services, not elsewhere classified
• Sub-Industry: Alternative Carriers
• Current Symbol: OTCMKTS:TWER
• Previous Symbol: OTCMKTS:TWERD
• CUSIP: 89200010
• CIK: 1349437
• Web: www.towerstream.com
• Phone: (401) 848-5848
• Fax: 401-848-5130
• Employees: 44
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 390,000
• Free Float: N/A
• Market Cap: $3,900.00
• Optionable: Not Optionable
• Beta: N/A