Towerstream Corporation (TWER) Tops Q3 EPS by 1c

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Go back to Towerstream Corporation (TWER) Tops Q3 EPS by 1c

Towerstream Reports Third Quarter 2014 Results

November 10, 2014 4:00 PM EST

MIDDLETOWN, R.I., Nov. 10, 2014 (GLOBE NEWSWIRE) -- Towerstream Corporation (Nasdaq: TWER) (the "Company"), a leading 4G and Small Cell Rooftop Tower company, announced results for the third quarter ended September 30, 2014.

Third Quarter Operating Highlights

HetNets Tower Corporation Subsidiary

Revenues increased to $0.8 million in the third quarter 2014 compared to $0.5 million in the third quarter 2013. Expanded Wi-Fi locations for large cable company customer by approximately 20% over the twelve months ended September 30, 2014.

Towerstream Corporation

Total customer average revenue per user ("ARPU") totaled $769 during the third quarter 2014 as... More