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Anterix ( (ATEX) ) has provided an announcement.
On February 11, 2025, Anterix announced its third quarter fiscal 2025 results, revealing a strategic review process and new initiatives to boost private wireless broadband opportunities. Financial highlights included cash reserves of $28.8 million and a $3 billion pipeline of prospective contracts with over 60 potential customers. The company also completed $4.4 million in share repurchases, leaving $229.6 million available under its repurchase program.
More about Anterix
Anterix Inc. partners with utilities and technology companies to modernize grid solutions using 900 MHz broadband. As the largest holder of licensed spectrum in the 900 MHz band in the United States, Anterix is focused on enabling private wireless broadband solutions for advanced communications in the energy sector.
YTD Price Performance: -5.09%
Average Trading Volume: 117,779
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $531.6M
For an in-depth examination of ATEX stock, go to TipRanks’ Stock Analysis page.
