Shares of Anterix (ATEX) soared 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 telecommunications company reported a significant turnaround in its financials, posting a net income of $9.208 million for the quarter.
Anterix reported quarterly earnings per share (EPS) of $0.49, beating the analyst consensus estimate of $(0.46) by a substantial margin. This represents a marked improvement from the same period last year when the company reported a loss of $(0.51) per share. The company's Q4 revenue came in at $1.389 million, slightly below the analyst estimate of $1.711 million but still showing a 10.24% increase from the $1.260 million reported in the same quarter last year.
The positive financial results were bolstered by several strategic moves, including the execution of new spectrum sale agreements with Oncor Electric Delivery Company LLC for $102.5 million and Lower Colorado River Authority for $13.5 million. Additionally, Anterix reported a gain of $18.3 million on the sale of intangible assets and a $2.0 million gain from exchanging narrowband for broadband licenses in 47 counties. These developments, along with the company's ongoing strategic review process and the launch of its AnterixAccelerator industry engagement initiative, have contributed to investor optimism about Anterix's future prospects in the telecommunications sector.
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