Latest news with #ScottLang
Daily Mirror
23-07-2025
- Entertainment
- Daily Mirror
‘One of the most entertaining Marvel movies ever' is streaming free - but not for long
As yet another Marvel blockbuster hits screens this week, one of the superhero franchise's best entries is available to watch for free BBC iPlayer is currently streaming one of the most beloved films in the Marvel Cinematic Universe, but it won't be on the platform for very long. This small-scale action thriller from 2015 stars one of Hollywood's most beloved comedic actors taking on the role of a reformed criminal who eventually becomes one of the Avengers' most reliable heroes. 10 years on, this groundbreaking superhero film with one of the most unique characters in Marvel's extensive roster is still highly regarded by comic book fans, so it's well worth a rewatch. Unfortunately, Ant-Man, starring Paul Rudd, is only available on iPlayer for the next eight days, so viewers have a very limited window to watch this jaw-dropping movie totally free of charge. The action gets started when Scott Lang (played by Rudd) is released from prison and forms an unlikely partnership with Dr Hank Pym (Michael Douglas), who is desperate to keep his dangerous shrinking technology from falling into the wrong hands. However, Pym's volatile former protégé, Darren Cross (Corey Stoll), has developed a shrinking suit of his own known as the Yellowjacket that could wreak untold havoc. With the latest MCU adventure, The Fantastic Four: First Steps, hitting the big screen later this week, now's the perfect time to revisit one of Marvel's smaller superhero hits. One fan raved in a five-star Google review: 'Ant-Man is BY FAR one of the most entertaining, funny, and heartwarming movies in the MCU - I'm thinking it's my favorite! 'I went into the movie not expecting much but Scott Lang (Paul Rudd) was so easy to like and hilarious. 'My family had such a great time watching this underrated classic. It was fast-paced, had good character development, a simple storyline, didn't take itself too seriously but managed to HIT A HOME RUN, and did I mention funny as hell?' Another gushed: 'I love this movie with all my heart. It's funny, interesting, heroic and one of the funniest at Marvel Studios.' 'I never realized how great this movie is until now,' a third admitted. 'Top 5 MCU films for me. 'It is just so fun, fresh, and has great action too. Villain is actually pretty good. One of the more rewatchable films in Marvel.' Someone else said: 'This is probably my favorite Marvel movie. I am a huge Marvel fan and this was just amazing. It has comedy and the character development is amazing!' And a final review said: 'I recommend this movie cause it's just so darn funny! 'Paul Rudd does an amazing job as Ant-Man, and the humor is amazing. The action: 10/10. Humor: 10/10. Basically everything: 10/10.' Make sure you revisit another Marvel film packed with heart and humour as the Fantastic Four gear up for their next big screen outing very soon. Ant-Man is available on BBC iPlayer until Wednesday, 30th July.
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
24-06-2025
- Business
- Yahoo
Anterix Inc. Reports Full Fiscal Year 2025 Results
WOODLAND PARK, N.J., June 24, 2025 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX) today announced fiscal 2025 fourth quarter and full fiscal year financial results and filed its 10-K for the year ended March 31, 2025. The Company also issued an update on its Demonstrated Intent metric which can be found on Anterix's website at Full Year FY2025 Financial and Operational Highlights Appointed Scott Lang as President and Chief Executive Officer effective October 8, 2024 Appointed Thomas Kuhn as Executive Chairman of the Board in January 2025 Executed new spectrum sale agreements with Oncor Electric Delivery Company LLC ('Oncor') for $102.5 million in June 2024 and Lower Colorado River Authority ('LCRA') for $13.5 million in January 2025 Received milestone payments of $8.5 million from Ameren Corporation ('Ameren') and $44.0 million from Oncor Approximately $147 million of contracted proceeds outstanding with approximately $80 million to be received in fiscal 2026 Exchanged narrowband for broadband licenses in 67 counties and recorded a $22.8 million gain Invested $18.1 million in spectrum clearing costs Secured FCC approval of a Notice of Proposed Rulemaking to expand the current paired 3 x 3 MHz broadband segment to a paired 5 x 5 MHz broadband segment within the 900 MHz band in January 2025 Initiated a strategic review process after receiving inbound interest in the Company in February 2025 which remains ongoing Launched the AnterixAccelerator™ industry engagement initiative in March 2025 to speed up utility adoption of private broadband networks; the program is now oversubscribed with utilities actively engaged in discussions and negotiations for $250 million in 900 MHz spectrum incentives Approximately $3 billion pipeline of prospective contract opportunities across 60+ potential customers Fourth Quarter FY2025 Financial Highlights Exchanged narrowband for broadband licenses in 47 counties and recorded a $2.0 million gain Transferred four broadband licenses to Oncor and recorded an $18.3 million gain on the sale of intangible assets Invested $5.5 million in spectrum clearing costs Successfully identified and executed on several measures to reduce operating expenses, mainly through cuts in consulting fees and headcount costs Liquidity and Balance Sheet At March 31, 2025, the Company had no debt and cash and cash equivalents of $47.4 million. In addition, the Company had a restricted cash balance of $7.7 million in escrow deposits. The Company has an authorized share repurchase program for up to $250.0 million of the Company's common stock on or before September 21, 2026. In the fiscal 2025 fourth quarter and full fiscal, Anterix had share repurchase activity of $2.0 million and $8.4 million, respectively. As of March 31, 2025, $227.7 million is remaining under the share repurchase program. Conference Call Information Anterix senior management will hold an analyst and investor conference call to provide a business update at 9:00 A.M. ET on Wednesday, June 25, 2025. Participants interested in joining the call's live question and answer session are required to pre-register by clicking on the following link 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 Forward-Looking Statements Certain statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events or achievements such as statements in this press release related to Anterix's business, financial results, outlook, or opportunities. Actual events or results may differ materially from those contemplated in this press release. Forward-looking statements speak only as of the date they are made and readers are cautioned not to put undue reliance on such statements, as they are subject to a number of risks and uncertainties that could cause Anterix's actual future results to differ materially from results indicated in the forward-looking statement. Such statements are based on assumptions that could cause actual results to differ materially from those in the forward-looking statements, including: (i) the timing of payments under customer agreements; (ii) Anterix's ability to clear the 900 MHz Broadband Spectrum on a timely basis and on commercially reasonable terms; (iii) Anterix's ability to timely secure broadband licenses; (iv) Anterix's ability to successfully commercialize its spectrum assets to its targeted utility customers in accordance with its plans and expectations; (v) Anterix's ability to execute on its customer engagement initiatives; (vi) the timing and outcome of Anterix's strategic review process; (vii) whether Anterix will be able to identify, develop or execute on any actions as a result of its strategic review process and (viii) competition in the market for spectrum and spectrum solutions offered by Anterix. Actual events or results may differ materially from those contemplated in this press release. Anterix's filings with the Securities and Exchange Commission ('SEC'), which you may obtain for free at the SEC's website at discuss some of the important risk factors that may affect the Company's financial outlook, business, results of operations and financial condition. Anterix undertakes no obligation to update publicly or revise any forward-looking statements contained herein. Shareholder Contact Natasha Vecchiarelli Vice President, Investor Relations & Corporate Communications Anterix 973-531-4397 nvecchiarelli@ Anterix Inc. Earnings Release Tables Consolidated Balance Sheets (in thousands, except share and per share data) March 31, 2025 March 31, 2024 ASSETS Current assets Cash and cash equivalents $ 47,374 $ 60,578 Non-trade receivable 2,926 — Spectrum receivable 7,107 8,521 Escrow deposits 547 — Prepaid expenses and other current assets 2,801 3,912 Total current assets 60,755 73,011 Escrow deposits 7,103 7,546 Property and equipment, net 1,302 2,062 Right of use assets, net 4,829 4,432 Intangible assets 228,983 216,743 Deferred broadband costs 28,944 19,772 Other assets 1,188 1,328 Total assets $ 333,104 $ 324,894 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable and other accrued expenses $ 9,075 $ 8,631 Accrued severance and other related charges 2,265 — Due to related parties 30 — Operating lease liabilities 1,643 1,850 Contingent liability 8,093 1,000 Deferred revenue 6,095 6,470 Total current liabilities 27,201 17,951 Operating lease liabilities 3,747 3,446 Contingent liability 15,336 15,000 Deferred revenue 118,577 115,742 Deferred gain on sale of intangible assets 4,911 4,911 Deferred income tax 6,606 6,281 Other liabilities 125 531 Total liabilities 176,503 163,862 Commitments and contingencies Stockholders' equity Preferred stock, $0.0001 par value per share, 10,000,000 shares authorized and no shares outstanding at March 31, 2025 and March 31, 2024 — — Common stock, $0.0001 par value per share, 100,000,000 shares authorized and 18,612,804 shares issued and outstanding at March 31, 2025 and 18,452,892 shares issued and outstanding at March 31, 2024 2 2 Additional paid-in capital 548,542 533,203 Accumulated deficit (391,943 ) (372,173 ) Total stockholders' equity 156,601 161,032 Total liabilities and stockholders' equity $ 333,104 $ 324,894 Anterix Inc. Earnings Release Tables Consolidated Statements of Operations (in thousands, except share and per share data) Three Months Ended March 31, Year Ended March 31, 2025 2024 2025 2024 Spectrum revenue $ 1,389 $ 1,260 $ 6,031 $ 4,191 Operating expenses General and administrative 9,220 9,593 42,671 44,423 Sales and support 1,594 1,728 6,110 5,693 Product development 1,089 2,243 5,735 5,697 Severance and other related charges 258 — 3,771 — Depreciation and amortization 76 191 548 844 Operating expenses 12,237 13,755 58,835 56,657 Gain on exchange of intangible assets, net (1,953 ) (1,989 ) (22,799 ) (35,024 ) Gain on sale of intangible assets, net (18,294 ) — (18,294 ) (7,364 ) Loss from disposal of long-lived assets, net 3 5 3 44 Income (loss) from operations 9,396 (10,511 ) (11,714 ) (10,122 ) Interest income 446 926 2,159 2,374 Other income 40 44 75 233 Income (loss) before income taxes 9,882 (9,541 ) (9,480 ) (7,515 ) Income tax expense (benefit) 674 (130 ) 1,892 1,613 Net income (loss) $ 9,208 $ (9,411 ) $ (11,372 ) $ (9,128 ) Net income (loss) per common share basic $ 0.50 $ (0.51 ) $ (0.61 ) $ (0.49 ) Net income (loss) per common share diluted $ 0.49 $ (0.51 ) $ (0.61 ) $ (0.49 ) Weighted-average common shares used to compute basic net income (loss) per share 18,577,700 18,483,292 18,562,446 18,765,190 Weighted-average common shares used to compute diluted net income (loss) per share 18,709,205 18,483,292 18,562,446 18,765,190 Anterix Inc. Earnings Release Tables Consolidated Statements of Cash Flows (in thousands) Three Months Ended March 31, Year Ended March 31, 2025 2024 2025 2024 CASH FLOWS FROM OPERATING ACTIVITIES Net income (loss) $ 9,208 $ (9,411 ) $ (11,372 ) $ (9,128 ) Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities Depreciation and amortization 76 191 548 844 Stock compensation expense 2,912 3,483 13,531 15,507 Deferred income taxes (130 ) (51 ) 325 841 Rights of use assets 431 2,770 1,657 1,512 Gain on exchange of intangible assets, net (1,953 ) (1,989 ) (22,799 ) (35,024 ) Gain on sale of intangible assets, net (18,294 ) — (18,294 ) (7,364 ) Loss from disposal of long-lived assets, net 3 5 3 44 Changes in operating assets and liabilities Non-trade receivable (2,926 ) — (2,926 ) — Prepaid expenses and other assets (139 ) (1,493 ) 1,126 (1,171 ) Accounts payable and other accrued expenses 167 348 550 1,936 Accrued severance and other related charges (25 ) — 2,265 — Due to related parties 30 — 30 (533 ) Operating lease liabilities (507 ) (2,865 ) (1,960 ) (1,924 ) Contingent liability (4,001 ) — 5,999 15,000 Deferred revenue (1,389 ) 15,152 2,460 61,453 Other liabilities (18 ) — (406 ) — Net cash (used in) provided by operating activities (16,555 ) 6,140 (29,263 ) 41,993 CASH FLOWS FROM INVESTING ACTIVITIES Purchases of intangible assets, including refundable deposits, retuning costs and swaps (5,474 ) (2,222 ) (18,095 ) (17,031 ) Proceeds from sale of spectrum 40,935 — 40,935 25,427 Purchases of equipment (46 ) (40 ) (87 ) (307 ) Net cash provided by (used in) investing activities 35,415 (2,262 ) 22,753 8,089 CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from stock option exercises 1,691 770 3,651 777 Repurchase of common stock (1,955 ) (5,970 ) (8,398 ) (24,676 ) Payments of withholding tax on net issuance of restricted stock — (104 ) (1,843 ) (1,241 ) Net cash used in financing activities (264 ) (5,304 ) (6,590 ) (25,140 ) Net change in cash and cash equivalents and restricted cash 18,596 (1,426 ) (13,100 ) 24,942 CASH AND CASH EQUIVALENTS AND RESTRICTED CASH Cash and cash equivalents and restricted cash at beginning of the year 36,428 69,550 68,124 43,182 Cash and cash equivalents and restricted cash at end of the year $ 55,024 $ 68,124 $ 55,024 $ 68,124 The following tables provide a reconciliation of cash and cash equivalents and restricted cash reported on the Consolidated Balance Sheets that sum to the total of the same such amounts on the Consolidated Statements of Cash Flows: March 31, 2025 March 31, 2024 March 31, 2023 Cash and cash equivalents $ 47,374 $ 60,578 $ 43,182 Escrow deposits 7,650 7,546 — Total cash and cash equivalents and restricted cash $ 55,024 $ 68,124 $ 43,182 December 31, 2024 December 31, 2023 Cash and cash equivalents $ 28,797 $ 62,033 Escrow deposits 7,631 7,517 Total cash and cash equivalents and restricted cash $ 36,428 $ 69,550 Anterix Inc. Earnings Release Tables Other Financial Information (in thousands except per share data) Three Months Ended March 31, Year Ended March 31, 2025 2024 2025 2024 Number of shares repurchased and retired 50 173 245 736 Average price paid per share* $ 38.63 $ 33.80 $ 33.71 $ 33.72 Total cost to repurchase $ 1,955 $ 5,970 $ 8,398 $ 24,676 * Average price paid per share includes costs associated with the repurchases, excluding excise taxes associated with the share repurchases. As of March 31, 2025, $227.7 million is remaining under the share repurchase while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
10-03-2025
- Business
- Associated Press
Anterix Unveils $250M AnterixAccelerator™
WOODLAND PARK, N.J., March 10, 2025 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX), the recognized market leader in private wireless broadband, has launched its highly anticipated AnterixAccelerator initiative with an investment of up to $250 million. During discussions with participants, which included more than 15 utilities in addition to current Anterix customers and Anterix Active Ecosystem® members, key aspects of the initiative were highlighted, including: Dollar-for-Dollar Match Ownership Terms Path to 5 MHz by 5 MHz Customized Commercial Structures Anterix White Glove Support 'This initiative reflects our unwavering commitment to helping utilities overcome the barriers to deploying 900 MHz private LTE networks. The significant interest we've seen across the industry to join the AnterixAccelerator initiative underscores the urgent need for reliable, secure, and scalable private networks in the utility sector,' said Scott Lang, President & CEO of Anterix. 'With a quarter-billion-dollar commitment, we're not just enabling the next wave of broadband deployments—we're helping to ensure that more of our nation's utilities can move forward to realize the value of these critical communications systems. Anterix's extensive expertise, valuable 900 MHz spectrum asset, and strong device and solution ecosystem uniquely position us to lead the industry in making private wireless networks more accessible and more deployable for utilities nationwide. 'As the market leader we are well positioned to deliver on this exciting initiative. We have never been stronger, with seven leading utility customers, more than 120 technology and solution providers, nearly $400 million of contracts to deploy 900 MHz private wireless broadband networks, and zero debt. We are poised to accelerate the utility industry's technological evolution.' -Scott Lang, Anterix President & CEO Shareholder Contact Natasha Vecchiarelli Vice President, Investor Relations & Corporate Communications Anterix 973-531-4397 About Anterix At Anterix, we partner with leading utilities and technology companies to harness the power of 900 MHz broadband for modernized grid solutions. Leading an ecosystem of more than 120 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
Yahoo
13-02-2025
- Business
- Yahoo
Anterix Inc (ATEX) Q3 2025 Earnings Call Highlights: Strategic Expansion and Cost Efficiency ...
Expansion Agreement: $13.5 million expansion agreement with the Lower Colorado River Authority. Cost Reductions: Identified cost reductions of approximately 20% annually. Share Repurchase Program: Returned approximately $4 million to shareholders in the third quarter. Cash Position: Incremental cash increase of $34 million received at the end of January. Cash on Balance Sheet: Approximately $29 million as of December 31, 2024. Uncollected Contract Proceeds: Approximately $150 million, with $80 million expected by March 31, 2026. Operational Expense Reduction: 20% reduction from annualized run rate from the second quarter. Share Repurchase Year-to-Date: $6.5 million returned to shareholders in fiscal '25, including $4.4 million in the third quarter. Warning! GuruFocus has detected 3 Warning Signs with ATEX. Release Date: February 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Anterix Inc (NASDAQ:ATEX) announced a $13.5 million expansion agreement with the Lower Colorado River Authority, extending broadband coverage to 102 counties in Texas. The company has achieved significant scale, covering 93% of Texas counties with its 900 MHz broadband spectrum. Anterix Inc (NASDAQ:ATEX) has identified key areas for cost reductions, achieving approximately 20% annual savings without compromising operational efficiency. The company returned roughly $4 million to shareholders through a share repurchase program, reflecting confidence in its business strategy. Anterix Inc (NASDAQ:ATEX) is leading the market in private LTE deployments, with 7 customers deploying across 15 states, showcasing its strong ecosystem of 120+ companies. The company's equity value has not significantly changed despite moving closer to a 5x5 MHz offering, suggesting a potential undervaluation. Utilities, a key market for Anterix Inc (NASDAQ:ATEX), are traditionally slow-moving, which may impact the speed of adoption for new initiatives. The strategic review process, while potentially beneficial, introduces uncertainty regarding future partnerships or changes in business strategy. There is still work to be done to move the FCC's proposed rulemaking for the 5x5 MHz expansion to a report and order, which could delay potential benefits. The company faces challenges in pricing and structuring deals to make the transition to 5x5 MHz attractive and feasible for utilities. Q: With the move from 3x3 to 5x5 MHz, your equity value hasn't changed much. Is the interest from outside parties due to the perceived undervaluation of your spectrum? A: Scott Lang, President and CEO, explained that the interest stems from the company's large ecosystem, the transition of customers from lab to field, and the pipeline of opportunities. The 5x5 MHz expansion is seen as an additional advantage, even though the current 3x3 MHz satisfies current demands. The interest comes from both financial and strategic entities, recognizing Anterix's market leadership and financial strength. Q: What motivates utilities to move faster with your industry initiative, given their traditionally slow pace? A: Scott Lang noted that the transition from lab to field has demonstrated the performance and use cases of their spectrum, creating urgency among utilities. The initiative aims to make it easier for utilities to adopt the technology by being aggressive on pricing and offering a frictionless transition. Q: How long does it typically take to move from rate case approval to spectrum licensing? A: Brian McAuley, Chairman Emeritus, stated that there is no single timeline as it varies by utility. Regulatory support is a significant step, and utilities can take different paths based on their options and procurement processes. Q: Can you provide goalposts for pricing your spectrum, considering previous auctions and current market conditions? A: Christopher Guttman-Mccabe, Chief Regulatory and Communications Officer, mentioned that previous auctions like AWS 3 and 600 MHz serve as benchmarks. Anterix has room to be creative with pricing, given its current market cap and the potential value to shareholders and utilities. Q: For counties with existing 3x3 MHz deals, will customers automatically get access to 5x5 MHz, and will there be incremental payments? A: Scott Lang indicated that there would likely be demand for the 5x5 MHz for strategic reasons, and there would be negotiations for its value. The pricing specifics will be determined when the time comes. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
