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.
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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, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Houston, Las Vegas-Reno, and the greater Providence area. For more information visit www.towerstream.com
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