Towerstream Corporation reported earnings results for the year ended December 31, 2016. For the period, the company reported revenues of $26.9 million against $27.9 million a year ago. Operating loss was $13.5 million against $12.6 million a year ago. Loss from continuing operations was $20.2 million or $3.65 per basic and diluted share against $19.2 million or $5.65 per basic and diluted share a year ago. Net loss attributable to common stockholders was $22.2 million or $3.69 per basic and diluted share against $40.5 million or $11.91 per basic and diluted share a year ago. Total net losses from continuing and discontinuing operations for the years ended December 31, 2015 and 2016 declined from $40.5 million to $22.2 million, a decrease of $18.3 million or 45%. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for continuing operations during the year ended December 31, 2016, adjusted for stock-based compensation and non-recurring expenses, improved from a negative $0.5 million during the first quarter to a positive $0.1 million during the fourth quarter.