Last $9.50 USD
Change Today +0.03 / 0.32%
Volume 71.5K
STRP On Other Exchanges
Symbol
Exchange
NYSE Amex
OTC US
As of 3:05 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

straight path comm- b (STRP) Snapshot

Open
$9.53
Previous Close
$9.47
Day High
$9.63
Day Low
$9.36
52 Week High
06/17/14 - $10.69
52 Week Low
09/4/13 - $5.00
Market Cap
112.1M
Average Volume 10 Days
70.2K
EPS TTM
--
Shares Outstanding
11.0M
EX-Date
--
P/E TM
--
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 814 licenses of 39 GHz and 133 licenses in the local multipoint distribution service (LMDS) band. The company provides point-to-point and point-to-multipoint wireless broadband digital telecommunications services to telecommunications providers and other companies. Its spectrum is primarily used to provide backhaul services for existing wireless Internet service providers, including providers that serve WiFi markets in venues, businesses, and outdoor public spaces; and for cellular mobile backhaul. 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 primarily owns 11 patents, which are related to various communications technologies, including patents facilitating the use of communications over the Internet; and the Droplet Portfolio of patents, as well as a non-sublicensable, non-exclusive right in source code for peer to peer calling applications. Straight Path Communications Inc. was incorporated in 2013 and is headquartered in Glen Allen, Virginia.

4 Employees
Last Reported Date: 10/29/13
Founded in 2013

straight path comm- b (STRP) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $99.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $20.2K
Compensation as of Fiscal Year 2013.

straight path comm- b (STRP) Key Developments

Straight Path Communications Inc.(AMEX:STRP) dropped from Russell 2000 Index

Straight Path Communications Inc. will be removed from the Russell 2000 Index.

Straight Path Communications Inc.(AMEX:STRP) dropped from Russell 3000 Index

Straight Path Communications Inc. will be removed from the Russell 3000 Index.

Straight Path Communications Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended April 30, 2014

Straight Path Communications Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended April 30, 2014. For the quarter, the company announced revenues of $913,000 compared to $285,000 for the same period a year ago. Loss from operations was $177,000 compared to $888,000 for the same period a year ago. Income before income taxes was $161,000 compared to loss before income taxes of $885,000 for the same period a year ago. Net income was $121,000 compared to net loss of $880,000 for the same period a year ago. Net income attributable to the company was $117,000 or $0.01 per basic and diluted share compared to net loss attributable to the company of $859,000 or $0.08 per basic and diluted share for the same period a year ago. For the nine months, the company announced revenues of $1,493,000 compared to $982,000 for the same period a year ago. Loss from operations was $1,519,000 compared to $2,769,000 for the same period a year ago. Loss before income taxes was $1,123,000 compared to $2,761,000 for the same period a year ago. Net loss was $1,163,000 compared to $2,768,000 for the same period a year ago. Net loss attributable to the company was $1,000,000 or $0.09 per basic and diluted share compared to $2,455,000 or $0.21 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $555,000 compared to net cash used in operating activities of $1,270,000 for the same period a year ago.

 

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Industry Analysis

STRP

Industry Average

Valuation STRP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 65.4x
Price/Book 8.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 58.9x
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