FTNW - FTE Networks, Inc.

NYSE American - Nasdaq Real Time Price. Currency in USD
11.18
-0.09 (-0.80%)
At close: 4:00PM EDT
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Previous Close11.27
Open11.56
Bid0.00 x 1000
Ask14.00 x 1000
Day's Range10.65 - 13.00
52 Week Range0.24 - 26.25
Volume102,426
Avg. Volume23,508
Market Cap83.859M
Beta-488.90
PE Ratio (TTM)N/A
EPS (TTM)-6.66
Earnings DateNov 14, 2018 - Nov 19, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire4 days ago

    FTE Networks' CrossLayer™ Announces Expansion into Chicago Market with New Contract Win

    “We are very pleased to announce yet another CrossLayer contract win that establishes our strategic foothold in the Chicago market. This award highlights our continued expansion and progress toward our goal of bringing 30 buildings on-net by the end of the year,” said Mr. Michael Palleschi, President and CEO of FTE Networks.

  • GlobeNewswire12 days ago

    FTE Network’s CrossLayer™ to Transform Fashion District Property Into Technologically Innovative Workspace With CrossLayer’s Edge Compute Platform

    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., is mobilizing the transformation of one of Manhattan’s West 30’s properties by delivering its future-ready, data platform to position the building as one of the most technologically advanced in NY’s prestigious Fashion District, providing new digital technology services to tenants and generating an on-going revenue stream for building owners. “I am excited to announce the expansion of FTE’s NY footprint with the addition of CrossLayer services to the NY network. CrossLayer is continuing its momentum in the New York market by working with developers to transform buildings into highly desirable workspaces built on one of the most technologically innovative data networks available today.

  • FTE Networks (FTNW): Moving Average Crossover Alert
    Zacks19 days ago

    FTE Networks (FTNW): Moving Average Crossover Alert

    FTE Networks, Inc. (FTNW) could be a stock to avoid from a technical perspective

  • GlobeNewswire27 days ago

    FTE’s CrossLayer™ to Enter Canadian Market Through Ontario-Based Buttcon Holdings Limited

    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 announced its subsidiary, CrossLayer, Inc., will be working with Buttcon Holdings Limited, an Ontario, Canada-based construction company, to present CrossLayer as the preferred technology partner for Buttcon’s family of businesses, marking CrossLayer’s entry into the Canadian market. Buttcon is one of the 25 largest contractors in Canada, according to On-Site magazine, Canada’s leading publication serving the commercial construction industry.

  • GlobeNewswirelast month

    FTE Networks Reports Second Quarter 2018 Results

    Revenue Increases 63.4% to $86.4 Million, Adjusted EBITDA of $7.6 Million. NAPLES, Fla., Aug. 15, 2018-- FTE Networks, Inc., a leading provider of innovative technology-oriented solutions for smart platforms, ...

  • GlobeNewswire2 months ago

    FTE Networks Reports Preliminary Second Quarter 2018 Revenues; Announces Second Quarter Financial Results Call

    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 reported preliminary financial results for the second quarter ending June 30, 2018.  Revenue is expected to increase to approximately $87 million, representing a nearly 75% increase from the $50.7 million posted in Q2 of 2017.  The Company expects to meet its annual guidance for 2018 in terms of revenue, adjusted EBITDA and buildings on net and continues to improve on its balance sheet by reducing its debt outstanding while increasing its cash on hand. “We are pleased with our execution on several fronts during the second quarter,” said Michael Palleschi, Chief Executive Officer of FTE.  “In fact, excluding one-time costs and other non-cash expenses, the Company would be profitable on a GAAP-basis.

  • GlobeNewswire2 months ago

    FTE Networks Awarded New Contracts Totaling Approximately $61.4 Million

    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 announced that its infrastructure segment has been awarded approximately $61.4 million in new projects in July of 2018, bringing the Company’s year-to-date total to approximately $301.9 million. Michael Palleschi, President and CEO of FTE Networks, stated, “This has been a significant month for us. FTE Networks, Inc. ("FTNW") is a leading provider of innovation technology.  We enable adaptive and efficient smart network connectivity platforms, infrastructure and buildings.

  • GlobeNewswire2 months ago

    FTE Networks Awarded New Contracts Totaling Approximately $42.7 Million

    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 announced that its infrastructure segment has been awarded approximately $42.7 million in new projects in June of 2018, bringing the Company’s year-to-date total to approximately $240.5 million. The new contract awards cover a variety of infrastructure projects, including two premier international law firms, a New York City government agency, and leading cable and telecommunications carriers. “June was an excellent month in terms of new contract wins, bringing our second quarter to a successful close.  We have increased confidence in our goals and are on target for meeting our 2018 stated objectives.  We continue to enjoy a healthy backlog and believe that these new awards highlight the strength in our brand,” said Michael Palleschi, President and CEO of FTE Network.

  • Is FTE Networks Inc’s (NYSEMKT:FTNW) Balance Sheet Strong Enough To Weather A Storm?
    Simply Wall St.3 months ago

    Is FTE Networks Inc’s (NYSEMKT:FTNW) Balance Sheet Strong Enough To Weather A Storm?

    While small-cap stocks, such as FTE Networks Inc (NYSEMKT:FTNW) with its market cap of US$129.46m, are popular for their explosive growth, investors should also be aware of their balance sheetRead More...

  • FTE Networks Inc (NYSEMKT:FTNW): Risks You Need To Consider Before Buying
    Simply Wall St.5 months ago

    FTE Networks Inc (NYSEMKT:FTNW): Risks You Need To Consider Before Buying

    For FTE Networks Inc’s (AMEX:FTNW) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. FTNW is exposedRead More...

  • Is FTE Networks Inc (NYSEMKT:FTNW) A Financially Sound Company?
    Simply Wall St.5 months ago

    Is FTE Networks Inc (NYSEMKT:FTNW) A Financially Sound Company?

    FTE Networks Inc (AMEX:FTNW) is a small-cap stock with a market capitalization of US$103.89M. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, theyRead More...