STRAIGHT PATH COMMUNICATIONS INC. (NYSEMKT:STRP) Files An 8-K Results of Operations and Financial Condition
Results of Operations and Financial
On December 12, 2016, Straight Path Communications Inc. (the
Registrant) issued a press release announcing its results of
operations for its fiscal quarter ended October 31, 2016 and
posted the release to the media page of its website
(www.straightpath.com). A copy of the earnings release
concerning the foregoing results is furnished herewith as Exhibit
99.1 and is incorporated herein by reference.
The Registrant is furnishing the information contained in this
Report, including Exhibit 99.1, to Item2.02 of Form 8-K
promulgated by the Securities and Exchange Commission (the SEC).
This information shall not be deemed to be filed with the SEC or
incorporated by reference into any other filing with the SEC
unless otherwise expressly stated in such filing. In addition,
this Report and the press release contain statements intended as
forward-looking statements that are subject to the cautionary
statements about forward-looking statements set forth in the
|Item9.01||Financial Statements and Exhibits.|
Earnings Release, dated December 12, 2016, reporting the
results of operations for Straight Path Communications fiscal
quarter ended October 31, 2016.
About STRAIGHT PATH COMMUNICATIONS INC. (NYSEMKT:STRP)
Straight Path Communications Inc. is a communications asset company. The Company owns Straight Path Spectrum, Inc. (Straight Path Spectrum), Straight Path Ventures, LLC (Straight Path Ventures), and Straight Path IP Group, Inc. (Straight Path IP Group). The Company’s segments include Straight Path Spectrum, Straight Path Ventures and Straight Path IP Group. The Company holds a range of licenses for fixed and mobile wireless spectrum in the United States. These include licenses in the 39 gigahertz (38.6-40 gigahertz) band and the 28 gigahertz (27.5-28.35 gigahertz) portion of the local multipoint distribution service (LMDS) band. The Company also holds licenses for fixed wireless spectrum in other parts of the LMDS band. Straight Path Ventures is engaged in developing wireless technology. The Straight Path IP Group’s principal business is the acquisition, development, licensing and protection of intellectual property. STRAIGHT PATH COMMUNICATIONS INC. (NYSEMKT:STRP) Recent Trading Information
STRAIGHT PATH COMMUNICATIONS INC. (NYSEMKT:STRP) closed its last trading session up +1.01 at 26.90 with 105,725 shares trading hands.