10-Q · August 11, 2026
Anterix delivered a mixed quarter: diluted EPS of $0.01 exceeded the $(0.25) consensus estimate, while $1.958 million of revenue missed consensus by $19,200. Operating cash flow improved by $5.185 million year over year…
ATEX earnings analysis
10-Q · Filed November 10, 2026 · Our reading of the company's report
The latest report
Second-quarter revenue was $1.958 million and diluted EPS was negative $0.25, with results benefiting from a $6.1 million gain on the exchange of broadband licenses. Contracted proceeds totaled $33.1 million, but…
Read full summary
Second-quarter revenue was $1.958 million and diluted EPS was negative $0.25, with results benefiting from a $6.1 million gain on the exchange of broadband licenses. Contracted proceeds totaled $33.1 million, but operating cash flow was negative $6.142 million and spectrum-clearing costs were $5.4 million. The company provided no quantitative forward guidance, and it disclosed no material changes to previously reported risk factors.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.25
What stood out
-
Revenue reached $1.958 million
Second-quarter revenue was $1.958 million, while diluted EPS was a loss of $0.25 per share.
-
$6.1 million license-exchange gain
Results included a $6.1 million gain on the exchange of broadband licenses, which supported reported earnings.
-
$33.1 million contracted proceeds
The company reported $33.1 million of contracted proceeds, supporting future commercialization potential.
-
Controls remained effective
Management reported that disclosure controls and internal control over financial reporting were effective as of September 30, 2026, with no material changes during the period.
-
New $250 million buyback authorization
The board authorized a new $250.0 million share repurchase program effective September 22, 2026, extending through September 22, 2029.
What to watch
-
Negative operating cash flow
Operating cash flow was negative $6.142 million for the quarter, indicating continued cash consumption despite the $6.1 million license-exchange gain.
-
Spectrum-clearing execution risk
Spectrum-clearing costs were $5.4 million, creating a material near-term cash requirement and execution risk for the company’s commercialization plans.
-
Inflation and commercialization risk
The filing states that inflation has increased certain operating expenses and could adversely affect customers and commercialization. A 10% change in market interest rates is not expected to materially affect results, but continued inflation could materially affect operating results and financial condition.
Management's outlook
No quantitative forward revenue or EPS guidance was provided in the filing; outlook was deferred to the earnings release or call.
Earlier filings 2
10-K · June 25, 2026
Anterix Inc. demonstrated strong financial recovery in FY2026, with net income reaching $90.6 million, an increase of 897% from a loss of $11.4 million in FY2025. The company successfully executed revenue growth of 8%…
Smart money in ATEX
Totals from the last full session. Insider and politician figures cover 90 days.
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.
See every ATEX trade live.
The free pages stop at the last full session. Trader shows every trade as it prints.
Start tracking No card needed.