Subscribe to RSS



Clearwire Corporation Reports Second Quarter Results – NASDAQ:CLWR

stocks-24

The well-known provider of 4G wireless broadband services in the US Clearwire Corporation NASDAQ:CLWR recently reported its financial and operating results for the second quarter 2011.

Company ended the second quarter 2011 with approximately 7.65 million total subscribers, increased 365% from 1.64 million subscribers in the second quarter 2010. The subscriber base involved 1.29 million retail subscribers and 6.36 million wholesale subscribers. During the second quarter 2011, company increased 1.54 million total net new subscribers, including 39,000 retail and 1.50 million wholesale net new subscribers. Company’s wholesale subscribers consist primarily of users of 3G/4G smartphone devices.

CLWR is basically a Wireless Communications industry company. The sales of company resulted $692.18 million for last consecutive twelve months, and the company’s net income recorded $-620.30 million. The company’s growth of its sales in recent quarter vs. year ago quarter recorded 126.90% which is above the Industry benchmark of 10.60% and above from Standard and Poor’s benchmark of 14.70%.

Company is on an optimistic track of growth as the gross margin of Clearwire Corporation is -47.0% which is below the industry benchmark for gross margin of 63.7% and below the Standard and Poor’s benchmark for gross margin of 37.7%.

The stock price of company on August 04, 2011 decreased 28.74% and settled to the closing price of $1.76. The overall volume in the last trading session was 20.75 million shares. Its fifty two week range was $1.62-$8.82. The total market capitalization remained $1.74 billion.

CLWR current stock price is moving below its 52 week low by 11.11% and moving below from 52 week high price by 80.05%. CLWR last month stock price volatility remained 11.41%. In its share capital CLWR has 989.68 million outstanding shares while company’s float is 174.24 million shares. Ownership of company is 76.90% institutional.

Clearwire Corporation NASDAQ:CLWR, through its operating subsidiaries, is a leading provider of mobile broadband services. Clearwire’s 4G network currently provides coverage in areas of the U.S. where more than 130 million people live. Clearwire’s open all-IP network, combined with significant spectrum holdings, provides an unprecedented combination of speed and mobility to deliver next generation broadband access. The company markets its 4G service through its own brand called CLEAR(R) as well as through its wholesale relationships with companies such as Sprint, Comcast, Time Warner Cable, Locus Telecommunications, Cbeyond, Mitel and Best Buy.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. galaxystocks.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers.Our disclaimer ( http://galaxystocks.com/disclaimer) is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold galaxystocks.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.


Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Entire Disclaimer Here

0 comments

Other articlesgo to homepage

SCIF Hosts Targeted Medical Pharma, Inc. (TRGM), US Nuclear Corp, Pacific National Security & Meskita at Investor Gathering Tuesday, April 1, 2014 in Beverly Hills, CA

SCIF Hosts Targeted Medical Pharma, Inc. (TRGM), US Nuclear Corp, Pacific National Security & Meskita at Investor Gathering Tuesday, April 1, 2014 in Beverly Hills, CA

LOS ANGELES, March 28, 2014– WallStreet Research™, a leading independent analyst research and advisory firm focusing on the small and micro-cap marketplace, announced that it will hold the Southern California Investment Forum (SCIF) at Doma Beverly Hills Restaurant in Beverly Hills on Tuesday, April 1, 2014. The event will present selected emerging companies to an

Crown Equity Holdings Inc. (CRWE), Zaman & Co. and Mike Zaman Granted TRO Against Billy Barnwell, EQCO2, Inc, (CLNO) Arnold F. Sock and Shad Sullivan By Hon. Craig D. Karlan Judge

Crown Equity Holdings Inc. (CRWE), Zaman & Co. and Mike Zaman Granted TRO Against Billy Barnwell, EQCO2, Inc, (CLNO) Arnold F. Sock and Shad Sullivan By Hon. Craig D. Karlan Judge

  The honorable Superior Court Judge Craig D. Karlan granted a temporary restraining order against Billy Barnwell, EQCO2, Inc (CLNO), Arnold F. Sock, Discovery Carbon Environmental Securities and Shad Sullivan this time in the State of California. The Temporary Restraining Order could directly EQCO2, Inc. shareholders, (traded under the symbol CLNO) effectively shuts down all

EQCO2, Inc, Billy Barnwell, Arnold F. Sock and Shad Sullivan Being Sued By Crown Equity Holdings Inc, (CRWE) Zaman & Co. and Mike Zaman at the Superior Court of California, County of Los Angeles, Santa Monica Courthouse

EQCO2, Inc, Billy Barnwell, Arnold F. Sock and Shad Sullivan Being Sued By Crown Equity Holdings Inc, (CRWE) Zaman & Co. and Mike Zaman at the Superior Court of California, County of Los Angeles, Santa Monica Courthouse

Case alleges Breach of Contract, Breach of Implied Covenant of Good Faith & fair Dealing, Fraud, Constructive Fraud, Breach of Fiduciary Duty, Breach of Duty of Loyalty, Negligent Misrepresentation, Declaratory Relief, Conversion, Unjust Enrichment, Compelling Annual Shareholder Meeting and Violation of Business & Professions Code Section 17200. The lawsuit was filed on March 6, 2014

Crown Equity Holdings Inc’s CRWE-PR Network Surpasses the 100th Community Website – Now Covers Nevada

Crown Equity Holdings Inc’s CRWE-PR Network Surpasses the 100th Community Website – Now Covers Nevada

Las Vegas, North Las Vegas, Henderson, Carson City and Reno among cities being covered in Nevada. CRWE-PR is continuing to increase its foot print community targeted publications of websites with local news, information and business directory delivery. In an effort to distinguish itself and to strengthen its brand for readers and business owners, the networks

SCIF Hosts Hinto Energy (HENI), Targeted Medical Pharma (TRGM) & Pacific National Security at Investor Gathering

SCIF Hosts Hinto Energy (HENI), Targeted Medical Pharma (TRGM) & Pacific National Security at Investor Gathering

  South Florida Investment Forum Hosts Investor Gatherings on Tuesday, March 4th in Boca Raton, FL; Wednesday, March 5th in Miami, FL; and Thursday, March 6th in West Palm Beach, FL   MIAMI, FL March 3, 2013– WallStreet Research™, a leading independent analyst research and advisory firm focusing on the small and micro-cap marketplace, announced that it will

read more

Sign Up*

Receive Our Newsletter!

 



 

 

Contacts and information

Social networks

Most popular categories

© 2014 Crown Equity Holdings Inc. All rights reserved.