Form 8-K Straight Path Communicat For: Dec 10
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Straight Path Communications (STRP) Swings to Q1 Loss
December 10, 2015 9:09 AM ESTStraight Path Communications (NYSE: STRP) reported Q1 EPS of ($0.05), versus $0.06 reported last year. Revenue for the quarter came in at $1.7 million, versus $4.8 million reported last year.
Management Comments
Davidi Jonas, Chief Executive Officer of Straight Path commented, Straight Path delivered on its strategic objectives and adhered to its mission. We continue to operate efficiently and made continued progress in several key areas of our business:
The FCC has released its NPRM for four mmWave bands, including two exclusive licensed bands 39 and 28 GHz. The FCC and... More