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.