Shares of Towerstream Corporation (NASDAQ:TWER) ended Thursday session at $2.18 with 30,918.00 shares getting traded. Post opening the session at $2.21, the shares hit an intraday low of $2.17 and an intraday high of $2.21 and the price vacillated in this range throughout the day. The company has a market cap of $10.19 million and the numbers of outstanding shares have been calculated to be 4.68 million shares.
Towerstream Corporation (TWER) on Aug. 09, 2016 announced results for the quarter ended June 30, 2016.
Q2 2016 Operating Highlights
- Adjusted EBITDA from continuing operations was $414K excluding non-recurring expenses.
- OnNet customers increased by 48% in Q2 over Q1. 71% of OnNet customers added in Q2 were secondary installs.
- Q2 Revenue increased 2% over Q1 to $6.9M, the Company’s first quarter over quarter increase since Q4 2013.
- Added 42 OnNet buildings in Q2 totaling 265 OnNet buildings at the end of Q2.
- Company increasing the forecast from 400 OnNet buildings to 440 OnNet buildings by year end.
Shares of QUALCOMM, Inc. (NASDAQ:QCOM) ended Thursday session in green amid volatile trading. The shares closed up +0.26 points or 0.42% at $62.69 with 7.70 million shares getting traded. Post opening the session at $62.03, the shares hit an intraday low of $62.01 and an intraday high of $62.81 and the price vacillated in this range throughout the day. The company has a market cap of $92.42 billion and the numbers of outstanding shares have been calculated to be 1.47 billion shares.
On Sept. 6, 2016 Qualcomm Incorporated (QCOM) and Virginia Tech begin a multi-year collaboration this fall with the launch of the Qualcomm® Thinkabit Lab™ at Virginia Tech’s Northern Virginia Center in Falls Church.
The Thinkabit Lab experience offers both teachers and students an engaging learning environment—part lab, makerspace and classroom—to foster creativity, collaboration and the critical skills necessary for the 21st century. The new Thinkabit Lab is led by Virginia Tech’s Department of Engineering Education in the College of Engineering and School of Education in the College of Liberal Arts and Human Sciences, based on Qualcomm’s World of Work and STEM coursework.
Residing in the National Capital Region, the lab is Qualcomm’s first outside of San Diego, servicing underserved students, students underrepresented in STEM careers, and teachers from the metro Washington D.C. area. For some students, the Thinkabit Lab experience will offer a first introduction to hands-on STEM learning and real-world careers.
“The work that Qualcomm and Virginia Tech are doing at the new Thinkabit Lab is remarkable,” said Qualcomm CEO Steve Mollenkopf. “Beyond being a space to inspire the next generation of inventors, it will allow to us to leverage the expertise of both organizations, and through research and practical application, we will bring new advancements to STEM education at all levels.”