Anterix Inc. Reports 44% Increase in Spectrum Revenue for Fiscal 2025; Operating Expenses Slightly Reduced
Anterix Inc. has reported its financial results for the fiscal year ending March 31, 2025. The company's spectrum revenue increased significantly to $6.031 million, up from $4.191 million in the previous fiscal year. Operating expenses showed mixed trends, with general and administrative expenses decreasing to $42.671 million from $44.423 million, while sales and support expenses rose slightly to $6.110 million from $5.693 million. Product development expenses remained relatively stable at $5.735 million compared to $5.697 million the previous year. The company also reported severance and other related charges of $3.771 million, a new entry in its financials. Anterix Inc. continues to focus on empowering enhanced visibility, control, and security for a modern grid as part of its business operations. No specific guidance or outlook was provided in the report.
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: 0001304492-25-000056), on June 24, 2025, and is solely responsible for the information contained therein.
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