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Anterix Inc (NASDAQ: ATEX) |
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Price: $22.7200
$-0.39 
-1.688%
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| Day's High:
| $23.5
| Week Perf:
| -5.16 %
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| Day's Low: |
$ 22.67 |
30 Day Perf: |
-15.7 % |
| Volume (M): |
160 |
52 Wk High: |
$ 42.91 |
| Volume (M$): |
$ 3,638 |
52 Wk Avg: |
$33.11 |
| Open: |
$23.11 |
52 Wk Low: |
$22.67 |
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| Market Capitalization (Millions $) |
424 |
| Shares
Outstanding (Millions) |
19 |
| Employees |
86 |
| Revenues (TTM) (Millions $) |
6 |
| Net Income (TTM) (Millions $) |
-11 |
| Cash Flow (TTM) (Millions $) |
-13 |
| Capital Exp. (TTM) (Millions $) |
18 |
Anterix Inc
Anterix Inc is a leading provider of wireless communications solutions for the utility industry. The company offers a private broadband network that enables critical infrastructure companies, such as electric and gas utilities, to securely and reliably connect their assets and devices for improved operational efficiency and safety. Anterix's solution leverages licensed spectrum in the 900 MHz band, providing a dedicated and interference-free network for utility companies' mission-critical communications needs. Their technology enables utilities to better manage their grids, respond quickly to outages, and enhance overall grid resiliency. Anterix Inc is committed to innovating in the field of wireless communications for utilities and helping modernize and transform the power industry.
Company Address: 3 Garret Mountain Plaza Woodland Park, 7424 NJ
Company Phone Number: 771-0300 Stock Exchange / Ticker: NASDAQ ATEX
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| Stock Performances by Major Competitors |
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| Anterix Inc
Anterix Inc has been experiencing a significant drop in its share value over the past few months, with a decrease of -11.32% in the past 3 months and a further drop of -4.17% in the last month alone. Currently, the company's shares are trading only 14% above its 52-week low. These numbers may be alarming for investors, as they indicate a lack of confidence in the company's performance.
However, looking at the financial results announced by Anterix Inc, we see that there are some positive signs. The company reported a strong revenue rise of 107.237% year on year to $1.26 million in the fiscal span ending March 31, 2024. Despite this, the company slipped into a deficit of $-0.51 per share. This is a significant decrease from the preceding financial reporting period, where the company had earnings of $0.02 per share.
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| Anterix Inc
Anterix Inc (NASDAQ: ATEX) has been making headlines recently with its impressive financial performance in the third quarter of the 2024 fiscal year. The company saw a remarkable revenue increase of 119.896% year on year, reaching $1.27 million in the financial period ending on December 31, 2023. This surge in revenue led to a positive income of $0.02 per share for the company, showing significant growth and potential within the Communications Services industry.
Compared to its industry peers, Anterix Inc outperformed in terms of revenue growth. While the majority of entities in the Communications Services sector saw a revenue rise of just 0.15% in the third quarter of 2024, Anterix Inc managed to achieve a much higher rate of revenue growth. Additionally, the company's earnings improved significantly, with a net income of $0.328 million in the financial third quarter of 2024 compared to a net loss of $-8.020 million in the same period the previous year.
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| Anterix Inc
Anterix Inc, a leading player in the Communications Services sector, has recently released its second-quarter financial results for 2024. The company witnessed an impressive year-on-year revenue growth of 164.322%, reaching $1.05 million. In addition, Anterix Inc reported an earnings per share of $0.11, indicating a significant turnaround from the previous quarter. As the company continues to outperform its sector contemporaries in terms of revenue, it is essential to assess how these results will potentially impact Anterix Inc's future.
Positive Revenue Performance:
Anterix Inc showcased commendable revenue growth in the second quarter, surpassing its sector's average of 0.40% growth. This demonstrates the company's ability to capitalize on market opportunities effectively. With a substantial increase of 73.026% in revenue from the previous quarter, Anterix Inc has shown consistency and the potential for sustainable growth.
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| Anterix Inc
Anterix Inc Reports Mixed Results for Fiscal Q1 2024
By
Anterix Inc, a Communications Services company, recently released its financial results for the fiscal first quarter of 2024. While the company reported a loss of $0.11 per share, showing improvement from the previous year's loss of $0.71 per share, earnings per share fell from $0.80 in the preceding quarter.
However, despite the decrease in earnings per share, Anterix Inc achieved significant revenue growth. The company's revenue increased by a substantial 81.493% to $0.61 million, compared to $0.34 million in the same quarter a year ago. Notably, the revenue remained constant from the previous quarter.
This revenue growth sets Anterix Inc apart from its peers in the Communications Services industry, as many of them have been experiencing business declines. This positive performance can be attributed to the company's ability to adapt and meet the changing demands within the industry.
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| Anterix Inc
Anterix Inc has experienced a significant turnaround in its financial performance for the most recent fiscal period. The company delivered a positive income per share of $0.80, compared to a loss of $0.59 per share a year before. Furthermore, the company's revenue surged by 81.493% to $0.61 million, which is a noticeable increase from a comparable financial period a year ago. Sequentially, revenue also exhibited growth, with an increase of 5.19% from $0.58 million.
The company also recorded a bottom line of $15.542 million, an improvement from a net loss of $11.063 million in the prior year. Anterix Inc highlighted its improving profit margins, with the net margin rising to 2556.25% for the most recent fiscal period and the operating margin edging up to 2578.13%. The company also noted its net deficit of $-16.32 million and its projection for $1.92 million in revenue for the financial year 2023.
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| Per Share |
Current |
| Earnings (TTM) |
-0.62 $ |
| Revenues (TTM) |
0.32 $
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| Cash Flow (TTM) |
- |
| Cash |
2.54 $
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| Book Value |
8.4 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
-0.62 $
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| Revenues (TTM) |
0.32 $ |
| Cash Flow (TTM) |
- |
| Cash |
2.54 $
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| Book Value |
8.4 $ |
| Dividend (TTM) |
0 $ |
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| Spectrum revenue Ameren Corporation |
|
 12.58 % |
of total Revenue |
| Spectrum revenue Evergy |
|
24.58 % |
of total Revenue |
| Spectrum revenue Xcel Energy |
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51.15 % |
of total Revenue |
| Spectrum revenue Motorola |
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11.69 % |
of total Revenue |
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2.27%