Towerstream Corp. (TWER) Increases Q3 Adjusted EBITDA; Shares Higher
Shares of Towerstream (NASDAQ: TWER) are higher in late-morning trade, driven by third-quarter guidance for Adjusted EBITDA from Continuing Operations of $525,000 excluding non-recurring expenses. Among other notes, the company reported a reduction in long-term debt to $32 million from $37 million. A conference call to discuss results for the third quarter 2016 will be held November 16, 2016 at 5 p.m. ET. To view the full press release, visit: http://nnw.fm/vKlW9 About Towerstream Corporation Towerstream Corporation (TWER) is a leading Fixed-Wireless Fiber Alternative company delivering high-speed Internet access to businesses. The Company offers broadband services in 12 urban markets including New York City, Boston,…