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Anterix Inc. (ATEX)
NASDAQ:ATEX
Earnings Data
Report Date
Jun 11, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
-0.46Last Year’s EPS
-0.51Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: 7.99%
|Next Earnings Date:Jun 11, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted several positive developments, including significant expansion agreements, regulatory progress, cost reductions, and financial strength. While the slow pace of the utility market poses challenges, the overall outlook is optimistic with strategic initiatives in place to accelerate adoption.Company Guidance
During the Anterix Fiscal Third Quarter 2025 Investor Update Call, CEO Scott Lang outlined several key metrics and strategic initiatives. Anterix announced a $13.5 million expansion agreement with the Lower Colorado River Authority, which extends their broadband coverage to 102 counties in Texas, contributing to 93% coverage of the state via the 900 megahertz broadband spectrum. The company has also identified cost reduction opportunities of approximately 20% annually, which will enhance financial efficiency. Anterix returned roughly $4 million to shareholders through a share repurchase program, reflecting confidence in its undervalued stock and business strategy. The company has approximately $150 million in proceeds still to collect from nearly $400 million in signed contracts, maintaining a strong pipeline of opportunities with zero debt. Anterix continues to explore a strategic review process with Morgan Stanley to accelerate growth, engaging with a vast ecosystem of partners and utilities to drive further innovation in private wireless networks.Expansion Agreement with Lower Colorado River Authority
Announced a $13.5 million expansion agreement with the Lower Colorado River Authority, extending broadband coverage to 102 counties in Texas.
FCC Progress on 900 MHz Band Expansion
The FCC issued a notice of proposed rulemaking for expanding the 900 MHz broadband segment from a three by three to a five by five configuration.
Significant Cost Reductions
Identified operational cost reductions of approximately 20% annually without compromising efficiency.
Share Repurchase Program
Returned roughly $4 million to shareholders through the share repurchase program, reflecting confidence in the company's undervalued stock.
Strong Financial Position
Achieved an incremental cash increase of $34 million, with a total of approximately $150 million in uncollected contract proceeds.
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ATEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ATEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $36.16 | $35.91 | -0.69% |
| Nov 13, 2024 | $33.62 | $31.93 | -5.03% |
| Aug 06, 2024 | $37.90 | $37.03 | -2.30% |
| Jun 26, 2024 | $31.02 | $36.29 | +16.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Anterix Inc. (ATEX) report earnings?
Anterix Inc. (ATEX) is schdueled to report earning on Jun 11, 2025, TBA Not Confirmed.
What is Anterix Inc. (ATEX) earnings time?
Anterix Inc. (ATEX) earnings time is at Jun 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATEX EPS forecast?
ATEX EPS forecast for the fiscal quarter 2025 (Q4) is -0.46.
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