Straight Path Communications (STRP) Swings to Q3 Loss

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Straight Path Communications Reports Results for Third Quarter of Fiscal 2016

June 9, 2016 6:45 AM EDT

GLEN ALLEN, Va.--(BUSINESS WIRE)-- Straight Path Communications Inc. (NYSE MKT: STRP) (SPCI), a communications asset company, announced today operating results for its third quarter of fiscal 2016, the three months ended April 30, 2016. Straight Path holds and leases an extensive portfolio of 39 GHz and LMDS wireless spectrum licenses with deep coverage across the entire United States, is developing next generation wireless technology, and owns an intellectual property portfolio focused on communications over computer networks.

     

Q3 Fiscal Year 2016 Highlights

              (In millions of USD)   FY 2016 Q3   FY 2015 Q3   FY 2016 Q2 Total Revenues  ... More