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Jun 30, 2023
Anterix Q1 2024 Earnings Report
Anterix reported first quarter fiscal year 2024 results.
Key Takeaways
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.
Cash and cash equivalents totaled $29.0 million as of June 30, 2023.
Entered into a $30.0 million spectrum sale agreement with Lower Colorado River Authority.
Exchanged narrowband for broadband licenses in 9 counties, recording a gain of $10.8 million.
Cash used in operations was $8.2 million.
Forward Guidance
The report contains forward-looking statements regarding Anterix's business, financial results, and outlook, which are subject to risks and uncertainties.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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