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Sep 30, 2024
Anterix Q2 2025 Earnings Report
Announced second quarter fiscal year 2025 results.
Key Takeaways
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.
Cash and cash equivalents totaled $43.1 million as of September 30, 2024.
Received a $7.5 million milestone payment from Ameren Corporation.
Approximately $168 million of contracted proceeds are due to be received, with $110 million expected through fiscal 2026.
Spectrum clearing costs were $5.5 million.
Anterix
Anterix
Anterix Revenue by Segment
Forward Guidance
Anterix plans to focus on enhancing pipeline relationships and innovating their customer approach.