Shares of Anterix (ATEX) surged 5.11% in after-hours trading on Tuesday following the release of the company's fourth-quarter fiscal 2025 financial results, which exceeded analyst expectations. The positive market reaction comes as Anterix reported a significant turnaround in its financial performance.

For the fourth quarter, Anterix posted a net income of $9.208 million, or $0.49 per share, compared to a net loss of $9.411 million, or $(0.51) per share, in the same period last year. The company's adjusted earnings per share of $(0.42) beat the analyst consensus estimate of $(0.46) by 8.7%. This marks a substantial improvement in the company's bottom line, driven by strategic initiatives and cost management efforts.

While Anterix's quarterly sales of $1.389 million missed the analyst estimate of $1.711 million by 18.80%, it still represented a 10.24% increase from the $1.260 million reported in the same quarter last year. The company also recorded gains from the exchange and sale of intangible assets, which contributed to its improved financial position. Investors appear to be optimistic about Anterix's progress in monetizing its spectrum assets and its potential for future growth in the utilities sector.