Towerstream Corporation (TWER) Files An 8-K Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition.

Item 7.01. Regulation FD
Disclosure.

On November 11, 2016, Towerstream Corporation (the Company)
issued a press release (the Press Release) announcing certain
results for the three months ended September 30, 2016. A copy of
the Press Release is attached to this report as Exhibit 99.1 and
is being furnished to Item 2.02 and 7.01 of Form 8-K and shall
not be deemed incorporated by reference into any of the Companys
registration statements or other filings with the Securities and
Exchange Commission, except as shall be expressly set forth by
specific reference in such filing.

The Press Release includes EBITDA calculations, which is not a
generally accepted accounting principles (GAAP) financial
measure. It is presented in the Press Release because the
Companys management uses this information in evaluating the
operating efficiency and overall financial performance of its
business. The Companys management also believes that this
information provides the users of the Companys financial
statements with valuable insight into its operating results.
EBITDA is calculated as net income (loss) before interest, income
taxes, depreciation and amortization. The Company defines
adjusted EBITDA as net income (or loss) before interest, income
taxes, depreciation and amortization expense. We also exclude
from EBITDA non-cash items such as stock-based compensation and
deferred rent expense as well as unusual and non-recurring gains
or losses. It is important to note, however, that non-GAAP
financial measures as presented do not represent cash provided by
or used in operating activities and may not be comparable to
similarly titled measures reported by other companies. Neither
should be considered in isolation or as a substitute for measures
of performance prepared in accordance with GAAP.

The information contained in this Form 8-K contains
forward-looking statements, including certain statements
regarding intent, beliefs, expectations, projections, forecasts
and plans, which are subject to numerous assumptions, risks, and
uncertainties. A number of factors described from time to time in
our periodic filings with the Securities and Exchange Commission
could cause actual conditions, events, or results to differ
significantly from those described in the forward-looking
statements. All forward-looking statements included in this Form
8-K are based on information available at the time of the report.
We assume no obligation to update any forward-looking statement.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

About Towerstream Corporation (TWER)