Anterix Inc. announced a net income of $53.5 million for the second quarter of fiscal year 2026, driven by substantial gains from the exchange and sale of intangible assets. The company also launched new solutions, TowerX and CatalyX, and maintained a strong cash position with no debt.
Anterix delivered strong financial results in Q1 FY2026, reporting net income of $25.2 million primarily due to a $33.9 million gain from license exchanges. Despite modest spectrum revenue, disciplined cost control and operational focus contributed to positive earnings.
Anterix delivered a net income of $9.2 million in Q4 2025, reversing a loss from the previous year, with EPS reaching $0.50. Revenue came in at $1.4 million from spectrum, bolstered by gains on intangible asset transactions.
Anterix Inc. reported a net income of $7.71 million for the third quarter of fiscal year 2025, with an EPS of $0.41. The company's cash and cash equivalents stood at $28.8 million. Operating expenses were $15.287 million, and the company initiated a strategic review process.
Anterix reported its second quarter fiscal year 2025 results, highlighting a cash and cash equivalents balance of $43.1 million and approximately $168 million of contracted proceeds due to be received.
Anterix reported a net loss of $15.524 million, or $0.84 per share, for the first quarter of fiscal year 2025. The company executed a new spectrum sale agreement with Oncor Electric Delivery Company for $102.5 million, and had cash and cash equivalents of $51.7 million as of June 30, 2024.
Anterix reported its Q4 and full fiscal year 2024 results, highlighting a $16.8 million milestone payment from Xcel Energy, gains from narrowband license exchanges, and continued investment in spectrum clearing.
Anterix reported a net income of $0.328 million and spectrum revenues of $1.271 million for the third quarter of fiscal year 2024. The company executed a new spectrum lease agreement with a Florida utility for $34.5 million and repurchased $8.0 million of ATEX stock.
Anterix reported its second quarter fiscal year 2024 results, including a gain on sale of intangible assets of $7.3 million and a gain on exchange of narrowband licenses for broadband licenses of $8.5 million. The company repurchased $10.7 million of ATEX stock and incurred spectrum clearing costs of $4.9 million.
Anterix reported its Q1 fiscal year 2024 results, which included cash and cash equivalents of $29.0 million as of June 30, 2023, and a $30.0 million spectrum sale agreement with Lower Colorado River Authority.
Anterix reported spectrum revenue of $608 thousand and net income of $15,542 thousand for the fourth quarter of fiscal year 2023. The company's cash and cash equivalents totaled $43.2 million as of March 31, 2023.