GlobeNewswire·Nov 10, 2026, 4:05 PM ET

Anterix Inc. Reports Second Quarter Fiscal Year 2027 Results

ATEX

Anterix announced its second quarter fiscal 2027 results & filed Form 10-Q for the three & six months ended September 30, 2026.
Approximately $33.1 million of contracted proceeds remain outstanding, with $9.6 million expected during the remainder of fiscal 2027.
The company exchanged narrowband for broadband licenses in 6 counties & recorded a $6.1 million gain on the exchange.
Anterix invested $5.4 million in spectrum clearing costs.
iPhone 18 Pro & iPhone Duo were announced as the first iPhone models to operate on dedicated private LTE networks using Anterix 900 MHz (Band 106) spectrum.
On October 29, 2026, the FCC advanced a Notice of Proposed Rulemaking to modify Supplemental Coverage from Space rules, including consideration of adding the 900 MHz band.
As of September 30, 2026, the company held $107.5 million in cash & cash equivalents with no debt & $3.2 million in restricted escrow deposits.
The authorized share repurchase program allows up to $250.0 million of common stock through September 22, 2029, with no activity in the quarter & $250.0 million remaining available.
For the three months ended September 30, 2026, Anterix reported a net loss of $4.993 million, a reversal from the $53.536 million net income in the prior year period.
For the six months ended September 30, 2026, the company reported a net loss of $4.753 million, compared to $78.716 million net income in the prior year period.
Spectrum revenue totaled $1.958 million for the quarter & $3.916 million for the six-month period.
Anterix senior management will hold an analyst conference call at 9:00 A.M. ET on Wednesday, November 11, 2026.

Company: Anterix Inc.
Keywords: Nasdaq:ATEX, Anterix Inc.