Anterix reports $29 million in contracted proceeds and $39.1 million in cash for Q2 fiscal 2026

Reuters
11/13
<a href="https://laohu8.com/S/ATEX">Anterix</a> reports $29 million in contracted proceeds and $39.1 million in cash for <a href="https://laohu8.com/S/QTWO">Q2</a> fiscal 2026

Anterix Inc. reported receiving $29.0 million in contracted proceeds from customers for the second quarter of fiscal year 2026, with $114.0 million in contracted proceeds outstanding as of September 30, 2025. The company accelerated $19.0 million in customer proceeds into fiscal 2026 and expects to receive over $60.0 million in proceeds by the end of the fiscal year. At the end of the quarter, Anterix held cash and cash equivalents of $39.1 million, with an additional $9.4 million in restricted cash. The company had no debt. Anterix repurchased $1.0 million of its common stock during the quarter, leaving $226.7 million available under its $250.0 million share repurchase program. Business developments included the launch of the TowerX and CatalyX solutions, targeting an annual total addressable market of approximately $1.0 billion, and the exchange of narrowband for broadband licenses in 99 counties, resulting in a $60.0 million gain.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Anterix Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001304492-25-000108), on November 12, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10