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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.
Received a $16.8 million milestone payment from Xcel Energy.
Exchanged narrowband for broadband licenses in 4 counties, recording a $2.0 million gain.
Returned $6.0 million to stockholders through share repurchases.
Invested $2.2 million in spectrum clearing.
No specific forward guidance was provided in the press release.
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