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Anterix Inc. (ATEX)
NASDAQ:ATEX
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
-$0.57Last Year’s EPS
$0.02Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: -6.69%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a largely positive sentiment, with strong financial standing, technological advancements, and proactive customer engagement. The focus on enhancing shareholder value through buybacks and operational efficiencies further underscores a positive outlook. However, the need to improve the sales process indicates room for growth.Company Guidance
During the Anterix Q2 2025 earnings call, newly appointed President and CEO Scott Lang provided guidance emphasizing a strong financial position with over $43 million in cash and zero debt. Lang highlighted a $3 billion pipeline of customer opportunities and significant contracted proceeds of $168 million, with $110 million expected by fiscal 2026. He outlined priorities such as enhancing shareholder value through an aggressive share buyback program, driven by the ability to deliver spectrum earlier than initially contracted. The company plans to drive spectrum transactions and expand relationships with both existing and prospective customers, leveraging its 5G capabilities to support the utility sector's modernization efforts. Anterix's market positioning is reinforced by participation in industry events like the UBBA Summit, where the company's leadership in private wireless broadband networks was showcased.Strong Financial Position
Anterix ended the second quarter of fiscal year 2025 with more than $43 million in cash and no debt. The company also has more than $168 million in contracted proceeds to be received over the next several years.
Spectrum and Technology Advancements
Anterix has managed to enhance its spectrum asset by making it 5G capable and has filed a petition with the FCC to expand its offering from 3x3 megahertz to 5x5 megahertz.
Customer Engagement and Market Reception
Positive customer feedback and growing advocacy for Anterix's technology were highlighted at the Utility Broadband Alliance event. The company is seeing strong engagement with current and prospective customers.
Focus on Shareholder Value
Anterix plans to pursue an aggressive share buyback program and is actively working to accelerate cash flow by delivering spectrum earlier than contractually required.
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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 |
|---|---|---|---|
| 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% |
| Feb 14, 2024 | $31.01 | $37.76 | +21.77% |
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 Feb 06, 2025, TBA Not Confirmed.
What is Anterix Inc. (ATEX) earnings time?
Anterix Inc. (ATEX) earnings time is at Feb 06, 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 (Q3) is -$0.57.
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