Brief: Anterix Q1 Net Income USD 25.18 Million

Anterix

12/08/2025 21:05

Overview

Anterix fiscal Q1 net income $25.18 mln, beats analyst expectations, per LSEG data

EPS for fiscal Q1 was $1.35, beating analyst expectations, per LSEG data

Co recorded gains from exchange and sale of broadband licenses

Outlook

Company expects $70 mln in contracted proceeds for remainder of fiscal 2026

Anterix advancing $3 bln pipeline of prospective contract opportunities

Company sees growth in customer engagement initiatives

Anterix focuses on monetizing spectrum assets to utility customers

Result Drivers

BROADBAND LICENSE GAINS - Anterix recorded a $33.9 mln gain from exchanging narrowband for broadband licenses in 62 counties

LICENSE SALES - Delivered broadband licenses covering 27 counties, resulting in a $1.0 mln gain

SPECTRUM CLEARING - Invested $4.0 mln in spectrum clearing costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Spectrum Revenue
$1.42 mln
Q1 EPS
Beat
$1.35
-$0.57 (2 Analysts)
Q1 Net Income
Beat
$25.18 mln
-$10.60 mln (2 Analysts)
Q1 Pretax Profit
Beat
$22.92 mln
-$10.40 mln (2 Analysts)
Q1 Basic EPS
$1.35
Q1 Operating Expenses
$13.81 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the wireless telecommunications services peer group is "buy"

Wall Street's median 12-month price target for Anterix Inc is $72.00, about 70.9% above its August 11 closing price of $20.96

Press Release: ID:nGNX9nF22w

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)