Towerstream Co. (NASDAQ:TWER) Announces Earnings Results
Towerstream Co. (NASDAQ:TWER) announced its quarterly earnings results on Friday. The technology company reported ($0.24) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $6.50 million for the quarter.
Shares of Towerstream (NASDAQ:TWER) traded up 14.52075% during mid-day trading on Friday, reaching $0.08005. 384,409 shares of the company’s stock were exchanged. Towerstream has a 1-year low of $0.06 and a 1-year high of $2.50. The company’s 50 day moving average is $0.09 and its 200 day moving average is $0.14. The stock’s market capitalization is $1.74 million.
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.
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