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STRY - STRY STOCK NEWS

Welcome to our dedicated page for STRY news (Ticker: STRY), a resource for investors and traders seeking the latest updates and insights on STRY stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect STRY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of STRY's position in the market.

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Starry Group Holdings has expanded its digital equity initiative, Starry Connect, to five affordable housing communities in Denver, enabling residents to access uncapped broadband starting at $15 per month. All participating communities qualify for the federal Affordable Connectivity Program, which may subsidize costs up to $30 per month. This initiative aims to bridge the digital divide by providing affordable internet without credit checks or long-term contracts. Starry Connect now covers over 77,400 units across multiple states.

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Starry Group Holdings (NYSE: STRY) announced that CEO Chet Kanojia will present at the Goldman Sachs Communacopia and Technology Conference on September 12, 2022, at 2:00 p.m. PT. This event will be livestreamed, and details can be found on Starry's investor page. Starry aims to provide affordable gigabit broadband through its innovative fixed wireless technology, currently available in several major cities, including Boston and Los Angeles, with plans for expansion to Las Vegas. The company's mission focuses on connectivity and digital equity.

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Starry Group Holdings has announced it is "ready to authorize" its application for the Rural Digital Opportunity Fund (RDOF) from the FCC. This funding will allow Starry to deploy gigabit broadband services to underserved communities across nine states over the next ten years. CEO Chet Kanojia emphasized the significance of reliable broadband access. Starry's network currently covers over 5.7 million households. The company is dedicated to providing affordable, high-speed internet without data caps or long-term contracts.

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Starry Group Holdings (NYSE: STRY) has launched a trial of its new Upload Boost feature, allowing customers to increase their dedicated upload capacity starting at $5. This initiative aims to enhance internet service personalization amid rising bandwidth demands due to remote work and online activities.

Upload Boost can provide symmetrical speeds up to 200Mbps for Starry Plus plan customers. Starry's network currently serves over 5.7 million households across major U.S. metropolitan areas, with expansion plans to include Las Vegas by year-end.

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Starry Group Holdings, Inc. (NYSE: STRY) reported strong second quarter 2022 results, showcasing a 52.3% year-over-year increase in revenue, totaling $7.8 million. Customer relationships grew by 69.4%, reaching 80,950, with a record net addition of 9,703 customers. Despite a net loss of $36.3 million, improvements in loss margin were noted. The company expanded its digital equity program to over 77,400 units and plans to launch in Las Vegas, furthering its customer base. Capital expenditures were $20.8 million, reflecting ongoing growth efforts.

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Quanta Services, Inc. reported record second-quarter revenues of $4.23 billion, a significant increase from $3.00 billion in Q2 2021. Despite a decrease in net income to $88.0 million and diluted EPS of $0.59, adjusted diluted EPS rose to $1.54. The company holds a $19.9 billion total backlog and affirms full-year 2022 financial expectations. Highlights include winning a contract for a national EV fast charging network, and a $368.4 million share repurchase authorization. Investors should note potential risks from economic uncertainties and supply chain issues.

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Starry Group Holdings, trading under the ticker STRY, announces that CEO Chet Kanojia will present at Cowen's 8th Annual Communications Infrastructure Summit on August 11, 2022 at 2:30 p.m. ET. The event aims to highlight Starry's innovative fixed wireless technology and its commitment to delivering high-speed broadband without complicated contracts. The presentation will be streamed live, and interested parties can access it via the Starry investors' page.

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Starry Group Holdings, Inc. (NYSE: STRY) announces CEO Chet Kanojia's presentation at the Oppenheimer 25th Annual Technology, Internet and Communications Conference on August 10, 2022, at 12:25 p.m. ET. The presentation will be livestreamed on starry.com/investors. Starry aims to provide high-speed broadband internet access without bundles, data caps, or long-term contracts, emphasizing customer privacy and digital equity. The company operates in Boston, New York City, Los Angeles, Washington, DC, Denver, and Columbus, OH.

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Starry Group Holdings (NYSE: STRY) announces its expansion into Las Vegas, Nevada, targeting 500,000 households with affordable, high-speed broadband services. This launch aims to address the broadband service gap, as over 31,000 households in Nevada currently lack access to reliable internet. Starry's plan offers speeds of up to 200 Mbps for $50/month, with no data caps or long-term contracts. The company emphasizes the need for competition in the broadband market to reduce high costs.

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Starry Group Holdings, Inc. (NYSE: STRY) has scheduled a conference call for August 9, 2022, at 8:30 a.m. ET to discuss its second-quarter financial results. Participants can join the call using the provided telephone numbers or via a live webcast on Starry's Investor Relations website. The call will be followed by a replay available after 12:00 p.m. ET. Starry focuses on providing high-speed, broadband internet through its innovative fixed wireless technology, aiming to enhance connectivity and digital equity in several major U.S. cities.

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FAQ

What is the market cap of STRY (STRY)?

The market cap of STRY (STRY) is approximately 1.3M.
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