Towerstream (TWER) Misses Q4 EPS by 2c, Offers Guidance

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Towerstream Reports 2014 Financial Results and Corporate Update

March 12, 2015 4:00 PM EDT

MIDDLETOWN, R.I., March 12, 2015 (GLOBE NEWSWIRE) -- Towerstream Corporation (Nasdaq: TWER) (the "Company"), a leading 4G and Small Cell Rooftop Tower company, announced results for the fourth quarter and year ended December 31, 2014.

2014 Operating Highlights and Corporate Update

HetNets Tower Corporation Subsidiary

Revenues for the year ended December 31, 2014 were $3.1 million compared to $1.5 million for the year ended December 31, 2013 representing an increase of $1.6 million, or greater than 100%. Master Lease Agreement executed with national carrier in third quarter of 2014 with initial deployments expected in the first half of 2015.... More