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Last $23.57 USD
Change Today -2.14 / -8.32%
Volume 383.1K
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

straight path comm- b (STRP) Snapshot

Open
$26.44
Previous Close
$25.71
Day High
$26.69
Day Low
$23.14
52 Week High
06/24/15 - $33.89
52 Week Low
08/12/14 - $8.67
Market Cap
282.2M
Average Volume 10 Days
155.3K
EPS TTM
$0.36
Shares Outstanding
11.2M
EX-Date
--
P/E TM
65.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for STRAIGHT PATH COMM- B (STRP)

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straight path comm- b (STRP) Details

Straight Path Communications Inc., through its subsidiaries, holds, leases, and markets fixed wireless spectrum licenses in the United States. Its licenses include approximately 828 licenses of 39 gigahertz, as well as 133 licenses in the local multipoint distribution service band. The company provides point-to-point and point-to-multipoint wireless broadband digital telecommunications services to Internet service and telecommunications providers, as well as other companies. Its spectrum is primarily used to offer backhaul services for existing wireless Internet service providers; and for mobile network operators. The company also holds intellectual property primarily related to communications over the Internet, and the licensing and other businesses related to the intellectual property. It principally owns 11 patents, which are related to various communications technologies, including patents facilitating the use of communications over the Internet; and a non-sublicensable, non-exclusive right in source code for peer to peer calling applications. Straight Path Communications Inc. was founded in 2013 and is headquartered in Glen Allen, Virginia.

5 Employees
Last Reported Date: 10/14/14
Founded in 2013

straight path comm- b (STRP) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $257.2K
Chief Financial Officer and Treasurer
Total Annual Compensation: $220.0K
Compensation as of Fiscal Year 2014.

straight path comm- b (STRP) Key Developments

Straight Path Communications Inc.(AMEX:STRP) added to Russell 2000 Index

Straight Path Communications Inc. will be added to Russell 2000 Index

Straight Path Communications Inc.(AMEX:STRP) added to Russell 3000 Index

Straight Path Communications Inc. will be added to the Russell 3000 Index.

Straight Path Communications Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended April 30, 2015

Straight Path Communications Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended April 30, 2015. For the quarter, the company reported revenues of $2,867,000 compared to $913,000 a year ago. Income from operations was $199,000 compared to loss from operations of $177,000 a year ago. Income before income taxes was $208,000 compared to $161,000 a year ago. Net income attributable to the company was $798,000 or $0.07 per basic and diluted share compared to $117,000 or $0.01 per basic and diluted share a year ago. For the nine months, the company reported revenues of $10,471,000 compared to $1,493,000 a year ago. Income from operations was $1,649,000 compared to loss from operations of $1,519,000 a year ago. Income before income taxes was $1,699,000 compared to loss of $1,123,000 a year ago. Net income attributable to the company was $1,227,000 or $0.10 per diluted share compared to loss of $1,000,000 or $0.09 per diluted share a year ago. Net cash used in operating activities was $1,506,000 against net cash from operations was $555,000 a year ago. Purchase of intangibles was $15,000.

 

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STRP:US $23.57 USD -2.14

STRP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AT&T Inc $34.74 USD -0.06
Comcast Corp $62.41 USD +0.05
Level 3 Communications Inc $50.50 USD +0.44
Time Warner Inc $88.04 USD -0.40
Verizon Communications Inc $46.79 USD +0.12
View Industry Companies
 

Industry Analysis

STRP

Industry Average

Valuation STRP Industry Range
Price/Earnings 66.3x
Price/Sales 19.6x
Price/Book 14.6x
Price/Cash Flow 66.2x
TEV/Sales 19.2x
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