Replies to post #83 on Fibertower Corp fka FBBT

[dianacmws]

Great! After last week's financials I'm feeling more confident about the stock. I'm staying long with this one.

[Zilla]

One of my old posts. Glad I've got ADHD. (LOL) Still feel the same way and hopefully I can hold this for a few months to see what might happen.
My TDA says 70% held by Inst. and just under 8% shorted as of 3/15/11
Notes for later. :-D

Also from last CC and from Zoom's earlier post...

SAN FRANCISCO, March 10, 2011 /PRNewswire/ -- FiberTower Corporation FTWR, a wireless backhaul services provider, reported results for the fourth quarter and year ended December 31, 2010.

Highlights for the Quarter

Service revenues net of early termination liability (ETL) grew 20% to $20.1 million in the 2010 fourth quarter from $16.7 million in the 2009 fourth quarter.
Average monthly revenue per deployed site net of ETL increased 15% to $2,049 in the 2010 fourth quarter from $1,789 in the 2009 fourth quarter.
Adjusted EBITDA net of ETL was $945,000 and improved $3.2 million from a loss of $2.2 million in the 2009 fourth quarter.
Deployed sites grew 5% to 3,276 at the end of the fourth quarter of 2010 from 3,117 at the end of the fourth quarter of 2009.
Cash and cash equivalents balance was $21.3 million at December 31, 2010.



FTWR here are numbers from their last Q. This one is growing.

-- Revenue grew 6% to $15.6 million from $14.7 million in the first quarter
of 2009. Revenue grew 31% year-over-year.
-- Average monthly revenue per billing site grew 5% to $1,860 from $1,767
in the first quarter of 2009. Average monthly revenue per billing site
grew 16% year-over-year.
-- Gross profit (service revenues less cost of service revenues - excluding
impairment charges) increased by 118% to $1.5 million from $0.7 million
in the first quarter of 2009.
-- Adjusted EBITDA was a loss of $3.2 million in the second quarter of 2009
compared to a loss of $4.9 million in the first quarter of 2009.
-- Repurchased approximately $71 million of par value of debt resulting in
a gain of $44.6 million on the early extinguishment of debt in the
second quarter of 2009.

-- The Company had a cash and cash equivalents balance of $89.7 million at
June 30, 2009.

It looks like things are even better. Not the PPS though. Anyone care to explain? Is it just because of the less cash?