Latest news with #Anterix
Globe and Mail
22-07-2025
- Business
- Globe and Mail
Anterix Sets First Quarter Fiscal 2026 Earnings Conference Call for Wednesday, August 13, at 9:00 a.m. ET
WOODLAND PARK, N.J., July 22, 2025 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX) announced today that it will hold a conference call on Wednesday, August 13, 2025, at 9:00 a.m. ET. Anterix senior management, led by President and CEO Scott Lang, will discuss the Company's first quarter fiscal 2026 results. A press release regarding the results will be issued after the close of the market on Tuesday, August 12, 2025. Participants interested in joining the call's live question and answer session are required to pre-register by clicking here to obtain a dial-in number and unique PIN. It is recommended that you join the call at least 10 minutes before the conference call begins. The call is also being webcast live and will be accessible on the Investor Relations section of Anterix's website at Following the event, a replay of the call will also be available on the Anterix website. About Anterix Inc. At Anterix, we work with leading utilities and technology companies to harness the power of 900 MHz broadband for modernized grid solutions. Leading an ecosystem of more than 125 members, we offer utility-first solutions to modernize the grid and solve the challenges that utilities are facing today. As the largest holder of licensed spectrum in the 900 MHz band (896-901/935-940 MHz) throughout the contiguous United States, plus Alaska, Hawaii, and Puerto Rico, we are uniquely positioned to enable private wireless broadband solutions that support cutting-edge advanced communications capabilities for a cleaner, safer, and more secure energy future. To learn more and join the 900 MHz movement, please visit Shareholder Contact
Yahoo
28-06-2025
- Business
- Yahoo
Anterix Gains Traction as Digi International Launches New Router Supporting 900 MHz Private LTE Spectrum
Anterix Inc. (NASDAQ:ATEX) is one of the best telecom stocks to buy according to Wall Street analysts. On June 23, Digi International Inc. (NASDAQ:DGII) announced the market launch of the Digi IX30-0EG4. The edge computing industrial IoT cellular router solution has achieved the 'Anterix Active' designation, which signifies its full support for Anterix's nationwide 900 MHz private LTE spectrum. The Digi IX30-0EG4 is engineered for hazardous and mission-critical applications within both public and private LTE networks. It is tailored for energy and utilities applications. The router is C1D2 and NEMA TS2-rated, which ensures secure and reliable connectivity for industrial assets even in challenging environments. A technician working on an aerial view of a critical infrastructure, emphasizing the importance of the company's utility services. Anterix is the largest holder of licensed spectrum in the 900 MHz band across the contiguous US, as well as Alaska, Hawaii, and Puerto Rico. The low-band spectrum is particularly well-suited for wide-area coverage, deep penetration through obstacles, and consistent performance over vast and difficult terrains. The Digi IX30-0EG4 is fully integrated with Digi Remote Manager (Digi RM) and powered by Digi Accelerated Linux (DAL OS). Anterix Inc. (NASDAQ:ATEX) is a wireless communications company that commercializes its spectrum assets for targeted utility and critical infrastructure customers to deploy private broadband networks and broadband solutions. Digi International Inc. (NASDAQ:DGII) provides business and mission-critical IoT connectivity products, services, and solutions. While we acknowledge the potential of ATEX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Craig-Hallum Reiterates a Buy Rating on Anterix (ATEX)
Anterix Inc (NASDAQ:ATEX) is one of the 13 Small Cap Stocks Analysts Are Bullish On. On April 10, Craig-Hallum analyst George Sutton maintained a Buy rating on Anterix Inc (NASDAQ:ATEX) without a price target. The company's fiscal Q3 2025 results showed cash and cash equivalents of $28.8 million as of December 31, 2024. It also reported around $147 million of contracted proceeds outstanding, with $34.0 million received from Oncor Electric Delivery Company in January 2025 and $1.0 million received from Ameren Corporation in October 2024. A technician working on an aerial view of a critical infrastructure, emphasizing the importance of the company's utility services. Management is projecting an approximately 20% operating expenses run rate reduction for fiscal 2026. Anterix Inc (NASDAQ:ATEX) also has an estimated $3 billion pipeline of prospective contract opportunities across 60+ potential customers. Anterix Inc (NASDAQ:ATEX) is involved in commercializing spectrum assets to allow targeted utility and critical infrastructure customers for the deployment of private technologies, broadband networks, and solutions. The company's solutions include Private LTE and Active Ecosystem. While we acknowledge the potential of ATEX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
Anterix Inc (ATEX) Q4 2025 Earnings Call Highlights: Strong Cash Position and Strategic Growth ...
Contracted Proceeds: $116 million from spectrum sales agreements with Encore and LCRA. Milestone Payments: $44 million from Encore and $8.5 million from Amin. Additional Cash Received: $34 million from accelerated spectrum delivery. Cash Position: Over $47 million in cash at the end of Q4 FY25. Outstanding Contracted Proceeds: Approximately $150 million, with $80 million expected in fiscal '26. Operating Expense Reduction: $4 million reduction in operating expense run rate from the first half of fiscal '25. Debt: No debt reported. Warning! GuruFocus has detected 2 Warning Signs with ATEX. Release Date: June 25, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Anterix Inc (NASDAQ:ATEX) has successfully optimized its cost structure, resulting in a $4 million reduction in operating expenses, enhancing efficiency and cash flow. The company is oversubscribed on its $250 million accelerator program, indicating strong demand for its 900 megahertz LTE spectrum. Anterix Inc (NASDAQ:ATEX) has no debt and closed the fourth quarter with over $47 million in cash, providing a strong financial position. The company has contracted spectrum covering 93% of Texas counties, creating a replicable regional deployment model nationwide. Anterix Inc (NASDAQ:ATEX) has approximately $150 million in outstanding contracted proceeds, with $80 million expected in fiscal '26, providing clear visibility and confidence in future cash flow. The strategic review process led by Morgan Stanley is ongoing with no predetermined outcome, creating uncertainty about future strategic directions. There is potential competition from other spectrum choices, such as the 800 megahertz band, which could impact Anterix Inc (NASDAQ:ATEX)'s market position. The company's market cap is currently low, which may affect its ability to leverage financial markets for growth. The transition to a 5x5 megahertz offering is still in progress, which may delay some potential customers who require this capability. Despite strong demand, the utility industry's typically slow decision-making process could delay the realization of new contracts and revenue. Q: Can you provide more details on the oversubscription of the $250 million accelerator program? Are there multiple players involved, and how are customers approaching this? A: Scott Lang, CEO: We are very pleased with the response to the accelerator program, with over a dozen utilities participating. The demand for private LTE 900 megahertz is strong, and negotiations are active. The utilities are engaged and in discussions, which is remarkable progress for the utility industry within a single quarter. Q: Have utilities begun engaging with partners as part of the accelerator program? A: Scott Lang, CEO: Yes, other companies have participated in the program. Ryan Gerbrandt, COO, added that partners like Ericsson, Nokia, and GE have joined, offering bespoke products to support and accelerate utilities' decision-making processes. Q: How might the 5x5 megahertz opportunity affect utilities' decisions to join the program, especially if they require it for their launch? A: Scott Lang, CEO: Utilities have not hesitated to join with the current 3x3 offering, which is sufficient for their needs. They are excited about the 5x5 plan, which enhances their confidence in the current offering's capabilities. Q: What is the strategy if Grain Management acquires 800 megahertz spectrum and targets utilities in regions where you have spectrum? A: Scott Lang, CEO: We are confident in our position with 900 megahertz, proven deployments, and strong economics. While 800 megahertz could be an alternative, we believe we will remain the preferred choice for utilities due to our comprehensive offerings and market leadership. Q: Do you have a goal for how much you would like to add to your contracted proceeds in the next 12 to 18 months? A: Timothy Gray, CFO: Our internal goals are to grow from the $116 million achieved last year, our best year yet. We believe the accelerator program will help us achieve significant growth in contract proceeds, although we are not providing specific numbers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
25-06-2025
- Business
- Yahoo
Anterix (ATEX) Reports Q4 Loss, Misses Revenue Estimates
Anterix (ATEX) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.43. This compares to a loss of $0.51 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.28%. A quarter ago, it was expected that this wireless communications company would post a loss of $0.57 per share when it actually produced a loss of $0.46, delivering a surprise of +19.3%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Anterix, which belongs to the Zacks Communication - Infrastructure industry, posted revenues of $1.39 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 11.81%. This compares to year-ago revenues of $1.26 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Anterix shares have lost about 7.6% since the beginning of the year versus the S&P 500's gain of 2.4%. While Anterix has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Anterix was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.48 on $1.57 million in revenues for the coming quarter and -$0.16 on $6.6 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Communication - Infrastructure is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the broader Zacks Computer and Technology sector, MaxLinear (MXL), is yet to report results for the quarter ended June 2025. This chipmaker is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of +108%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. MaxLinear's revenues are expected to be $105.04 million, up 14.2% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Anterix Inc. (ATEX) : Free Stock Analysis Report MaxLinear, Inc (MXL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
