Private LTE firm Anterix posts Q2 net income

Anterix

12/11/2025 22:34

Nov 12 (Reuters) -
Overview

Anterix posts fiscal Q2 net income of $53.5 mln vs loss of $12.8 mln year ago

Company recorded $60 mln gain on broadband license exchange

Launched TowerX and CatalyX solutions for utility network deployment

Outlook

Company did not provide specific financial guidance for future quarters or fiscal year in its press release

Result Drivers

ACCELERATED CUSTOMER PROCEEDS - Anterix accelerated $19 mln in customer proceeds into fiscal 2026, with over $60 mln expected by end of fiscal 2026

NEW SOLUTIONS LAUNCH - Anterix launched TowerX and CatalyX solutions, targeting a $1 bln annual market opportunity for utility network deployment

LICENSE GAINS - Anterix recorded $60 mln gain on exchange of broadband licenses and $11 mln gain on sale of broadband licenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Spectrum Revenue
$1.55 mln
Q2 EPS
$2.86
Q2 Net Income
$53.54 mln
Q2 Pretax Profit
$61.05 mln
Q2 Basic EPS
$2.86
Q2 Operating Expenses
$11.93 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 $50.00, about 63.3% above its November 12 closing price of $18.35

Press Release: ID:nGNXx3tcW

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