FTNW - FTE Networks, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD
1.1700
+0.0300 (+2.63%)
At close: 4:00PM EST
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Previous Close1.1400
Open1.1600
Bid0.00 x 1000
Ask0.00 x 800
Day's Range1.0380 - 1.2000
52 Week Range0.2820 - 26.2500
Volume263,440
Avg. Volume237,523
Market Cap16.23M
Beta (3Y Monthly)4.45
PE Ratio (TTM)N/A
EPS (TTM)-9.06
Earnings DateMay 9, 2019 - May 13, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est35.00
Trade prices are not sourced from all markets
  • GlobeNewswire7 days ago

    FTE Networks Provides Corporate Update

    FTE Networks, Inc. (NYSE American: FTNW) ("FTE" or the "Company"), a leading provider of innovative technology-oriented solutions for smart platforms, network infrastructure and intelligent buildings today provided a corporate update on operations and financing. FTE reports that it has obtained an additional $13.6 million in funding, the majority of which was provided by the Company’s existing senior debt holder, Lateral Investment Management. Richard De Silva, Managing Partner at Lateral Investment Management commented, “Our partnership with FTE goes back several years and we remain fully supportive of the Company’s operational objectives.  We are glad to provide these additional funds as we work with the Company to position the balance sheet in an optimal manner for the long-term.

  • GlobeNewswirelast month

    FTE’S Crosslayer™ Launches New Website Inviting Building Owners and Tenants to Connect to Innovative New Data Network

    FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), a leading provider of innovative technology-oriented solutions for smart platforms, network infrastructure and intelligent buildings, and a Deloitte 2018 Technology Fast 500 Winner (#95), today announced its CrossLayer, Inc. subsidiary launched a new website targeted to building owners, property managers, and tenants. With the theme “Let’s connect,” the new CrossLayer website provides information and resources for commercial property owners and managers, as well as transactional capabilities for existing and potential tenants to access the CrossLayer portal for service information specific to their buildings. “An innovative digital technology platform merits an innovative and engaging source of information, and that’s just what we’ve achieved with CrossLayer’s new website,” commented Michael Palleschi, President and Chief Executive Officer of FTE Networks.

  • GlobeNewswirelast month

    FTE’s CrossLayer Exceeds 2018 Guidance With 31 Buildings

    FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), a leading provider of innovative, technology-oriented solutions for smart platforms, network infrastructure and intelligent buildings, and a Deloitte 2018 Technology Fast 500 Winner (#95), today announced that its CrossLayer, Inc. subsidiary enters 2019 with significant momentum after exceeding expectations in 2018. In 2018, CrossLayer has 31 buildings, where services can be offered through its advanced data network. Last year, CrossLayer also put in place a solid pipeline of opportunities and expects to grow revenue exponentially in 2019.

  • GlobeNewswire2 months ago

    FTE Networks Completes 2018 with Approximately $572.4 Million in New Infrastructure Contract Awards

    FTE Networks, Inc. (NYSE American: FTNW) ("FTE" or the "Company"), a leading provider of innovative technology solutions for smart platforms, network infrastructure and intelligent buildings, and a Deloitte 2018 Technology Fast 500 Winner (#95), today announced that it has been awarded approximately $129.6 million in new infrastructure projects during the fourth quarter of 2018, bringing the Company’s 2018 contract awards total to approximately $572.4 million. The new contract awards to FTE and its subsidiaries cover a variety of infrastructure projects, with prominent customers including a leading global investment and market management firm, a globally recognized technology leader, and a major cable and telecommunications company. Projects to be performed under the contracts include interior buildouts as well as technology and smart device deployments, primarily at locations throughout New York City and the surrounding boroughs.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of FTNW earnings conference call or presentation 20-Nov-18 4:00pm GMT

    Q3 2018 FTE Networks Inc Earnings Call

  • GlobeNewswire2 months ago

    FTE Networks Executes Term Sheet to Amend Existing Senior Credit Facility

    FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), a leading provider of innovative technology solutions for smart platforms, network infrastructure and intelligent buildings, today announced that it has signed an indicative term sheet with its senior lender, Lateral Investment Management, LLC. (“Lateral”), which includes outlining the material terms of an Amended and Restated Credit Facility, which is expected to replace and extend the duration of its existing credit facility. Consideration in connection with the consummation of this Amendment will include 250,000 common stock warrants with a cash strike price of $10.00 and customary closing fees.  The terms of the amended credit facility will be subject to and contingent upon a signed definitive agreement, the satisfaction of certain conditions precedent, including the restructuring of subordinated debt, and all other customary terms and conditions for a transaction of this size and nature.

  • GlobeNewswire2 months ago

    FTE’s CrossLayer™ to Install Advanced Data Network in Two Midtown Manhattan Office Buildings

    FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), a leading provider of innovative technology solutions for smart platforms, network infrastructure and intelligent buildings, today announced that its subsidiary, CrossLayer, Inc., has signed an agreement to install the company’s advanced data network in two multi-tenant office buildings in Midtown Manhattan. The CrossLayer edge compute platform delivers new digital technology services to tenants, while generating an ongoing revenue stream to building owners/managers.

  • GlobeNewswire3 months ago

    FTE Networks’ CrossLayer Obtains Regulatory Approval to Become a Canadian ISP

    FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), a leading provider of innovative technology solutions for smart platforms, network infrastructure and intelligent buildings, today announced its subsidiary, CrossLayer, Inc., has obtained regulatory approval to become a Canadian ISP and is installing and managing its future-ready, edge compute platform in two commercial office buildings in a suburb of Ontario, Canada. The CrossLayer edge compute platform delivers new digital technology services to tenants, while generating an ongoing revenue stream to building owners.

  • GlobeNewswire3 months ago

    FTE Networks Ranked 95th in Deloitte 2018 Technology Fast 500 Winners

    FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), a leading provider of innovative technology solutions for smart platforms, network infrastructure and intelligent buildings, today announced that the Company received the 95th ranking on the Deloitte 2018 Technology Fast 500 Winners List. FTE won as a provider of disruptive technology in the Communications/networking industry and was recognized for its 1338% growth. The Deloitte Technology Fast 500 has been honoring the fastest-growing technology companies for more than 20 years and is the leading technology awards program.  Combining technological innovation, entrepreneurship, and rapid growth, Fast 500 companies—large, small, public, and private—hail from cities far and wide across North America and are disrupting the technology industry.

  • GlobeNewswire3 months ago

    FTE Networks Announces Insider Purchases

    FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), a leading provider of innovative technology solutions for smart platforms, network infrastructure and intelligent buildings, and a Deloitte 2018 Technology Fast 500 Winner (#95), announced today that members of its executive management  made open market purchases of FTE common stock on November 27, 2018.  In total, approximately $242,000 worth of stock was purchased at an average price of about $4.32 per share.  FTE’s President and Chief Executive Officer, Michael Palleschi, purchased 35,000 shares and David Lethem, Chief Financial Officer, purchased 21,000 shares.

  • GlobeNewswire3 months ago

    Analysis: Positioning to Benefit within Celldex Therapeutics, InnSuites Hospitality Trust, Keryx Biopharmaceuticals, EMX Royalty, FTE Networks, and Xinyuan Real Estate — Research Highlights Growth, Revenue, and Consolidated Results

    NEW YORK, Nov. 26, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • What Percentage Of FTE Networks Inc (NYSEMKT:FTNW) Shares Do Insiders Own?
    Simply Wall St.3 months ago

    What Percentage Of FTE Networks Inc (NYSEMKT:FTNW) Shares Do Insiders Own?

    The big shareholder groups in FTE Networks Inc (NYSEMKT:FTNW) have power over the company. Institutions often own shares in more established companies, while it’s not unusual to see insiders own Read More...

  • Earnings Preview: FTE Networks (FTNW) Q3 Earnings Expected to Decline
    Zacks3 months ago

    Earnings Preview: FTE Networks (FTNW) Q3 Earnings Expected to Decline

    FTE Networks (FTNW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Simply Wall St.5 months ago

    How FTE Networks Inc (NYSEMKT:FTNW) Can Impact Your Portfolio Volatility

    If you’re interested in FTE Networks Inc (NYSEMKT:FTNW), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could Read More...