ATEX

It has been about a month since the last earnings report for Anterix (ATEX). Shares have lost about 5.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Anterix due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Anterix Inc. before we dive into how investors and analysts have reacted as of late. Anterix Reports Narrower-Than-Expected Q1 Loss on Solid Revenue GrowthAnterix reported mixed first-quarter fiscal 2027 results, wherein the top line missed the Zacks Consensus Estimate, but the bottom line beat the same. The company delivered 38.1% year-over-year revenue growth, driven by higher spectrum revenues. It also advanced its broadband spectrum business through new license activity and customer partnerships, while spectrum-clearing costs continued to weigh on the bottom line.Net IncomeOn a GAAP basis, net income was $0.24 million or 1 cent per share compared with $25.18 million or $1.35 per share in the prior-year quarter. Despite top-line growth, lower gain on the exchange of intangible assets impacted profitability during the quarter.Excluding non-recurring items, Anterix reported a non-GAAP net loss of 53 cents per share compared with a net loss of 48 cents per share in the prior-year quarter. The bottom line was narrower than the Zacks Consensus Estimate loss of 55 cents.Revenues & Other DetailsSpectrum revenues rose to $1.96 million from $1.42 million. The figure missed the consensus estimate of $1.97 million. During the first quarter of fiscal 2027, the company’s operating expenses totaled $12.86 million compared with $13.81 million in the year-ago quarter. Operating loss in the quarter was $0.25 million against operating income of $22.48 million in the year-ago quarter.Cash Flow & LiquidityAs of June 30, 2026, Anterix had total cash and cash equivalents and restricted cash of $119.92 million compared with $48.58 million a year ago, with no outstanding debt. The company generated $2.05 million in cash from operations during the reported quarter compared to cash utilization of $3.14 million in the prior-year quarter. No share repurchases occurred during the quarter, with $226.7 million remaining under buyback authorization. In fiscal 2027, management expects to receive approximately $9.6 million of contracted customer cash proceeds. In the past month, investors have witnessed a upward trend in estimates review. At this time, Anterix has a poor Growth Score of F, however its Momentum Score is doing a lot better with an A. However, the stock was allocated a score of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of this revision looks promising. Notably, Anterix has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Anterix Inc. (ATEX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Anterix (ATEX) stock is in focus after the company reported first quarter 2026 results, with sales of US$1.96 million and net income of US$0.24 million for the period ended June 30. See our latest analysis for Anterix. The latest quarter has landed while Anterix’s share price has eased 13% over the past month. It remains sharply higher, with a 90 day share price return of 47.8% and a very large year to date gain of 298.92%, alongside a 1 year total shareholder return of 317.71% and 3 year total shareholder return of 164.87%. This points to strong longer term momentum despite recent consolidation. If this kind of move has your attention, it can be worth looking at other power grid and infrastructure plays using our 39 power grid technology and infrastructure stocks After a move of this size, Anterix presents a clear tension between momentum and what you are actually paying for its spectrum and earnings power. The key question is whether the current fundamentals still justify taking on fresh risk here. Against Anterix’s last close of $88.68, the most followed fair value narrative sits at $86.00, which implies a small premium in the current price. Read the complete narrative. Want to see what is driving that fair value gap for Anterix? The narrative leans on specific revenue paths, margin shifts and a future earnings multiple that is unusually stretched. The interplay of those assumptions is what really moves the valuation. Result: Fair Value of $86.00 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, Anterix still has about 85% of its spectrum to monetize, and progress on spectrum clearing and FCC licensing could take longer than analysts currently bake into their models. Find out about the key risks to this Anterix narrative. Given the mixed sentiment around Anterix, it makes sense to move quickly and weigh the evidence yourself. To see both the concerns and the potential upsides in one place, take a closer look at the 1 key reward and 4 important warning signs If Anterix has sharpened your focus, you can use this momentum to widen your watchlist with ideas that fit clear, transparent criteria across different types of opportunities. Target potential value opportunities by reviewing companies screened as 52 high quality undervalued stocks that may trade below what their fundamentals suggest. Prioritise resilience by checking out 78 resilient stocks with low risk scores and focus on stocks filtered for comparatively lower overall risk profiles. Look for potential up and comers by scanning the screener containing 20 high quality undiscovered gems that pair quieter market profiles with solid underlying metrics. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ATEX. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Image source: The Motley Fool. Wednesday, Aug. 12, 2026 at 9:00 a.m. ET President and Chief Executive Officer - Scott Lang Chief Regulatory and Communications Officer - Christopher Guttman-McCabe Chief Financial Officer - Elena Marquez Vice President of Investor Relations and Corporate Communications - Natasha Vecchiarelli Operator: Good day, and thank you for standing by. Welcome to Anterix First Quarter Fiscal 2027 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to turn the conference over to your speaker for today, Natasha Vecchiarelli. Please go ahead. Natasha Vecchiarelli: Good morning, everyone. Thank you for joining us today for Anterix's First Quarter Fiscal Year 2027 Investor Update Call. I'm Natasha Vecchiarelli, Vice President of Investor Relations and Corporate Communications. Joining me today are Scott Lang, President and CEO; Chris Guttman-McCabe, Chief Regulatory and Communications Officer; and Elena Marquez, CFO. Please note that our first quarter financial results were issued yesterday afternoon, and the related materials are available on our Investor Relations website. Today's call will begin with prepared remarks from management, followed by a question-and-answer session. We may also discuss our business outlook and make forward-looking statements. These statements are based on our current expectations and predictions. Actual events or results could differ materially due to risks and uncertainties described in our SEC filings, including our most recent Form 10-K and Form 10-Q. With that, I'll turn the call over to Scott. Scott Lang: Thank you, Natasha, and good morning, everyone. When we last spoke in June, we shared the progress we were seeing across the business, including increasing customer engagement, active commercial discussions and a broader recognition of the strategic importance of licensed spectrum. Over the last 2 months, that activity has continued and in many cases, has accelerated. First, as I am sure many of you have seen, just yesterday, SpaceX filed an ex parte letter with the FCC across 3 separate dockets, including ours, advocating for inclusion of a new satellite build-out deployment option. Of note, 2 of the 3 bands referenced by SpaceX are still in the process of seeking a rulemaking where ours, as you know, has been finalized. In response, yesterday, Anterix filed a letter in support of SpaceX's proposal stating our belief that their request will enhance the optionality and the expanded use of our spectrum in the market. This filing validates what we have been saying all along. Access to low-band spectrum is extremely limited and the demand for our nationwide 10 megahertz footprint is increasing across all sectors. This is further reflected in close to a dozen spectrum-related initiatives involving wireless carriers, satellite and space-based connectivity providers along with the successful conclusion of the AWS-3 auction. That plays directly into the position we have built at Anterix. Our 900 megahertz spectrum gives us multiple ways to create value through utility transactions, product revenue around the networks we enable, strategic opportunities and new applications as the market evolves. The key point is this, we are not managing to one outcome. We have optionality. And with a nationwide licensed low-band spectrum portfolio, and increasing market recognition of what we own, that optionality puts us in a very strong position. And we continue to be disciplined on how we maximize this asset. We are pursuing the opportunities where value is most compelling and where we can create the best long-term outcome for customers and shareholders. The opportunity is significant and the market is moving in our direction. And turning to our utility pipeline. The last 2 months have been equally active, and we were pleased with the amount of interest and engagement with nearly a dozen active opportunities. Before I turn the call over to Chris, I want to recognize the remarkable team at Anterix. The progress we are seeing today is a reflection of their hard work, commitment and execution, and I'm incredibly proud of what they continue to accomplish. With that, I will turn the call over to Chris. Christopher Guttman-McCabe: Thanks, Scott, and good morning, everyone. As Scott highlighted, we have optionality, which extends not only to how we monetize our spectrum, but also to how we advance it. Whether market-specific, regional or national in scope, we can approach our clearing objectives in a way that aligns with customer demand and the opportunities in front of us. With the FCC's expansion to the full 10 megahertz broadband configuration, our focus remains on advancing our nationwide footprint. building on the 40% of counties already cleared in the 10 megahertz configuration. We also have the capability to move at the pace the opportunity requires. We believe our teams can effectuate nationwide clearing of the full 10 megahertz configuration in a way that fully aligns with customer deployment requirements and the opportunities we see in the market. We have consistently executed against our clearing commitments, meeting requested delivery schedules and delivering broadband availability ahead of contracted timelines for the majority of our customers. That track record demonstrates the scalability of our approach and our ability to translate spectrum availability into customer and shareholder value. The progress we are making and the growing interest we see reflect the capabilities we have built, the strength of our relationships and the significant opportunity that remains ahead. With that, I'll turn the call over to Elena. Elena Marquez: Thank you, Chris. Anterix is entering this next phase from a position of financial strength. Our income statement has significantly improved over the last several quarters with higher revenue and lower expenses. For the first quarter fiscal year 2027, our GAAP revenue is $2 million and our operating expenses are $9.5 million (sic) [ $12.856 million ] , a level we have maintained with our disciplined cost structure. In addition, broadband license exchanges generated a gain of approximately $11 million during the quarter, further demonstrating our ability to actively manage and maximize the value of this unique asset. Turning to the balance sheet. We ended the quarter with approximately $116 million in cash and no debt. During the quarter, we received approximately $16 million in customer payments and $20 million from stock option exercises. We expect to receive approximately $10 million of additional contracted proceeds during the remainder of fiscal 2027. We also continue to invest in clearing with approximately $7 million allocated to spectrum clearing during the quarter. Our balance sheet is one of our greatest strengths. Our scarce low-band spectrum assets, combined with our robust cash balance positions us to pursue attractive monetization opportunities as the market continues to evolve. We remain disciplined in managing expenses and thoughtful in how we allocate capital towards activities that increase the value and commercial availability of our spectrum. Importantly, as Scott discussed, the market environment surrounding spectrum transactions continues to provide greater transparency into the value of licensed spectrum ownership. We're seeing that through both our own commercial execution and broader market activity. Our executed utility spectrum transactions have averaged approximately $1.40 per megahertz-POP while the FCC's most recent AWS-3 auction averaged approximately $2.50 per megahertz-POP. We believe there is a strong upside opportunity, both for existing and prospective investors when compared to our current market capitalization, which implies a spectrum valuation of approximately $0.60 per megahertz-POP. We're also seeing continued strategic demand for spectrum across the communications ecosystem with activity involving companies like Amazon and Globalstar, SpaceX and EchoStar and Rocket Lab and Iridium. While these transactions reflect different spectrum characteristics and strategic objectives, together, they provide additional market reference points for the value of licensed spectrum. In our view, the market has more evidence than ever to value our asset, and Anterix has increasing ways to realize that value. That is an important distinction. We control a scarce, licensed, low-band spectrum at a time when demand for spectrum is increasing and supply remains constrained. With no debt, a strong cash position and a disciplined cost structure, we have the flexibility to be thoughtful about timing and remain firm on pricing as we monetize this asset. That matters because the majority of the value remains ahead of us. Across our nationwide footprint, approximately 3 billion megahertz-POPs, representing about 85% of our total megahertz-POPs remain available to monetize, including many of the largest and most valuable metropolitan markets. In closing, we have the balance sheet to be patient, the discipline to invest where it matters and significant value still ahead of us to capture. With that, I will turn the call back over to Scott. Scott Lang: Thanks, Elena. Before we open the call for questions, I want to leave you with one final thought. We believe Anterix is uniquely positioned at the intersection of 2 powerful forces: heightened demand for secure connectivity and a finite supply of high-quality licensed spectrum. We are excited about where we are and what lies ahead. Thank you, operator. We are ready for questions. Operator: [Operator Instructions] First question will be coming from the line of Sebastiano Petti of JPMorgan. Sebastiano Petti: I guess given just the amount of demand in the market and that you kind of each touched on as well as the active customer engagements, is the strategic review still actively passive? Or has the volume or the level of conversations internally within the company kind of increased, kind of given some of the market forces and activity out there as well? And then if you could also update us on where you are? I think you touched on there's engagement with, I think Scott said a dozen active opportunities out there. I guess where are you with utilities, other utilities outside of your traditional IOUs? And maybe helping us think about maybe gating factors there for additional opportunities, additional perhaps announcements outside your traditional cohort and maybe some of these other utility infrastructure opportunities. Scott Lang: Sebastiano, thanks for the questions. On the first one, the strategic review, as you could imagine, the increasing demand and the preciousness of licensed spectrum, I would say, has increased the amount of interest with our spectrum. both from the utility side, which leads into your second question and the first question of the strategic review that those conversations on both of those angles are increasing in the last 2 months since we spoke with you. And regarding the deals, as I did mention on the prepared remarks, there's about a dozen deals. They're very active. There continues to be new deals that are coming to the table each month. And the ones that were starting 2 months ago when we spoke with you have continued to accelerate in their conversations. And I'll leave you with this last thought to give you a little bit more color on the 12. There are a very nice set of 7-digit, 8-digit and 9-digit deals and very well represented in each one of those categories. Operator: Next question is coming from the line of Mike Crawford of B. Riley Securities. Michael Crawford: Given that SpaceX now can be seen as a credible buyer to take everything and having over $100 billion of cash and securities on its balance sheet, have you come back to your critical infrastructure targets and said, look, this is -- it's like now or never because I'm sure your asset would be more valuable to someone like SpaceX to the extent that it covered more of the country and with less of a patch quilt pattern. Scott Lang: Mike, it's Scott. We clearly are talking about that. We'll be prepared for that. That's a rich problem to have when the time comes, and we will be ready to have it. I will leave you with this. I wake up every morning of how to maximize the shareholder value and this incredible asset that we're sitting on. And I know I have the Board's full support and this team's full support that we will not compromise this asset and the value of this asset for a subpar deal. Michael Crawford: Okay. And then just on the status quo of this asset. So you got 40% of counties now cleared for 5x5 LTE. Is there -- can you give any estimate of cost to clear everything and including what percent of that might be additional slices of spectrum you would need to acquire at the 600 megahertz auction [indiscernible] price per the Report and Order earlier this year? Scott Lang: Elena, do you want to take that? Elena Marquez: Yes, Mike, I will start that and then pass it over to Chris for some additional remarks. As we've commented in the past, we speak to different audiences in these calls, and we need to continue to maintain our negotiation leverage as we negotiate with our incumbents and keep our costs down and returns up. Those different audiences, of course, yourselves, the analysts, our investors, incumbents and customers. In addition, given that there's now optionality to how we may monetize this spectrum, if we continue to monetize geography by geography, the cost may be lower as they will be over several years. If there's a nationwide buyer, of course, that is looking to clear the spectrum faster, then that cost estimate may be higher given that there may be higher level of incentives to be provided and so on and so forth and just the process will need to be accelerated. But regardless of the cost estimates, even with the most conservative highest estimates, we believe that there's significant upside in the gross value of our asset as compared to the current market cap. And I wanted to also, in addition, comment on the gross value of the asset. I mentioned in my prepared remarks that, you know, the current two most relevant benchmarks to us are our own, which is the average of all the deals that we've closed, which is the 12 deals over the last several years. That's about $1.40 per megahertz-POP. The gross value of the asset of the remaining 3 billion POPs, if we use that benchmark, would put us at well over $4 billion. If we use the most current, most latest auction by the FCC, which averaged about $2.50, the gross value of our asset would be about $7.5 billion. Again, we believe there's significant upside as compared to our current market cap. Chris, did you have any additional comments on clearing? Christopher Guttman-McCabe: Yes. Thanks, Elena. Mike, to your question specifically about 600, personally, I just want to make sure we level set with everyone on the call. Every one of our deals to date has been a significant premium to 600. So even if we were starting with the basis of having to secure spectrum from the commission's inventory at that price point, the delta between what we've sold at to date and that is significant. And then more specifically, the reality is the amount of spectrum we take from the commission's inventory, it's a sliding scale. Obviously, it differs from county to county. And the fact of the matter is every time we clear an incumbent, we onboard their channels, which means we pay less to the FCC from a spectrum in their inventory 600 megahertz price. So we've been careful not to give a macro or micro level. But what we've said is, as Scott said, we're going to be a shepherd of this asset, and we're going to monetize it to our shareholders' benefit. And we're very good at this clearing. We can and will be able to monetize 100% of the country. I know you and I and the team and our team had that conversation after the last call. We are confident that 100% of the country is monetizable and we're confident that we can do it in a way that is extremely valuable to our shareholders and to the ultimate buyer. Scott Lang: I have to pile on, early in my days as the CEO of this company, I called out that one of the superpowers that was immediately obvious in this company was its ability to understand spectrum, ability to clear spectrum and put that to use in the market. And that continues to show up as a superpower that's only gained strength and the amount of work that Chris and his team are doing with their strategic nature of our nationwide footprint and clearing to ensure all 10 megahertz-POPs are monetized has been really a pleasure to watch and to see their performance. Michael Crawford: Great. I have one final question. Hopefully, given the clearing activity that you've already been incurring for the first half of this quarter, is there any color you can give on potential GAAP broadband license gain estimate for this quarter or the remainder of this fiscal year following the just over $10 million gain recorded in the first quarter? Elena Marquez: Yes, Mike, as you know, we don't guide, but I will say we do expect -- I'll call them at least single-digit million gains in the following quarter. Operator: [Operator Instructions] Our next question is coming from the line of Greg Pendy of Clear Street. Gregory Pendy: The first one, can you share any -- it looks like your D2D experimental licenses run through -- I guess they started on May 31. Can you share anything you've learned so far and what decision points we should be looking for going forward on those trials? Scott Lang: Good morning, Greg. We talk about this regularly. Both Lynk and ourselves were very pleased with the results. So we call it a success. It has a green checkmark to it, and we are very pleased. And the D2D satellite is something we've been anticipating for a long time. And obviously, that is really playing out nicely for us to have that kind of preparation regarding the activity we see in the market. But Chris, do you want to double click on that? Christopher Guttman-McCabe: All that, Scott, is spot on, Greg. Hi, and welcome, and we're excited to have the coverage. Yes, I mean, Lynk has been a great partner. It has introduced us, as Scott referenced, to the D2D world. The first round of tests were incredibly successful. We're in conversations with them about how to evolve. I will say we loved and you saw a press release from us yesterday and a filing at the FCC. We loved what SpaceX introduced publicly, as Scott referenced, it's what we've been talking about internally, which is right now, we have 2 different ways. Our licensees have 2 different ways to satisfy build-out. We would love to have a third way to add satellite coverage to that. And so what we're seeing is across the board, you're hearing this word, optionality. And so we see optionality in how to monetize. We see optionality in how to clear, and we love the idea of optionality of how to satisfy buildout. David Goldman and the team at SpaceX are very good at what they do. And we love the idea that they put into the public discourse, the idea of using satellite coverage to satisfy build-out. Gregory Pendy: That's very helpful. And can you just let us know, I mean, with your active conversations on the utilities, whether it's justified or not, as you sell them on a private and secure connection, is there any concerns that they might have about adding a satellite layer that conflicts with the exclusivity that utility customers think they're paying for or believe that... Scott Lang: We have not. I have not and I think if there was any concerns on this, we would hear about it. I have not heard any concerns on that. In fact, I think initially, if anything, they see the optionality is very strong for their cases of the conversations that we've had, Greg? Gregory Pendy: Okay. Very helpful. And then just one final one. Given the strong cash position that you ended at, it looks like there's $226 million left on the buyback authorization. How should we be thinking about that given that it expires in September, I guess, late September? Elena Marquez: Yes. Thanks, Greg. No, we -- just as much as we talk about optionality and maximizing the value of the spectrum, we think about capital allocation almost daily, and we always think of where we should put every dollar to ensure that we maximize the shareholder return while we also balance, of course, the financial health of the company. Having a strong balance sheet currently allows us to make investments and to ensure that we are unlocking the value of the monetizable spectrum, and also allows us to be patient and to ensure that we utilize the best opportunities to monetize it. Share buybacks will continue being in our toolkit. I expect that I wouldn't be surprised if we renew the program in September. And when the time is right, that is always something that we can utilize. Operator: Our next question is coming from the line of George Sutton of Craig-Hallum Capital Group. Logan W Lillehaug: This is Logan on for George. First one for me. I wondered if you could give us an update on TowerX and CatalyX. I'm curious as we think about those dozen opportunities that you talked about, maybe just give us a sense of like what portion of those include conversations about those offerings? And maybe just understand -- help us understand kind of how close you feel like you're getting to having tangible deals there. Scott Lang: Logan, good to hear from you and pass our hello to George. The role that those launches have given us have played out exactly as we were hoping to eliminate friction. To be on spectrum, we work with utilities to help understand the broader roadmap of actually getting it deployed and having their business executives get used of it. And so how commercially that plays out regarding specific products or the premium that we're seeing and the friction that we're reducing in the market is still early days, but it is making a big impact on the acceleration of the deals, the value that we're getting based on the deals and the interest in new conversations that is opening up for us to have broader conversation within the utilities and other sectors for that matter. But commercially of how that plays out is still early days, and we're shaping that, but it is certainly playing a nice impact positively for us. Logan W Lillehaug: Got it. And then just one other for me. I mean you mentioned the AWS-3 results. I'm curious, as we look at the pricing in certain areas where you guys might also be in negotiations for Spectrum deals, do those results have any impact on negotiations or pricing talks on your end? Elena Marquez: Yes. Logan, this is Elena. Absolutely. Any public data and benchmarks certainly educate our pricing conversations with our customers given that they are public benchmarks. So absolutely, it's been having a great positive effect on our pricing strategy and conversations. Operator: There are no more questions in the queue. And I would like to now turn the call back over to Scott Lang, CEO, for closing remarks. Please go ahead. Scott Lang: I want to just start with once again recognizing this team here at Anterix and the hard work and dedication that I see every single day, literally 7 days a week, almost 24 hours a day. I want to thank all of our investors. I want to thank all of the analysts for dialing in today and the thoughtful questions. It's a real honor to be the CEO of this company and understanding what we do every day and the value and the kind of great company that we are creating. So I want to thank all of you for joining, and we will look forward to following up and staying in touch. Have a great day. Operator: This concludes today's program. Thank you so much for joining. You may now disconnect. Before you buy stock in Anterix, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Anterix wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. 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As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Anterix (ATEX) Q1 2027 Earnings Call Transcript was originally published by The Motley Fool

Anterix Inc. ATEX used its first-quarter fiscal 2027 earnings call to emphasize rising demand for licensed low-band spectrum and a widening set of monetization paths. CEO and President Scott Lang said customer engagement and strategic interest accelerated over the past two months. ATEX's reported loss of $0.53 per share was narrower than the Zacks Consensus Estimate of a $0.55 loss. Revenues of $1.96 million marginally fell short of the $2 million estimate. The call centered on spectrum value, clearing and strategic flexibility. Anterix Inc. price-consensus-eps-surprise-chart | Anterix Inc. Quote CEO and president Scott Lang said that activity has increased across utility customers and other potential spectrum users, with nearly a dozen active opportunities under discussion. Lang highlighted SpaceX's FCC filing seeking a satellite-based build-out option and said Anterix supported the proposal because it could expand how the company's 900 MHz spectrum is used. He also pointed to wireless, satellite and space-related activity as evidence of demand for licensed spectrum, reinforcing the focus on maximizing the asset rather than pursuing one monetization path. Chief regulatory and communications officer Christopher Guttman-McCabe said that about 40% of counties have been cleared for the full 10 MHz broadband configuration. Guttman-McCabe also said that the company can clear market by market or accelerate toward a nationwide footprint depending on customer requirements. He emphasized Anterix's record of meeting requested delivery schedules. CFO Elena Marquez said that clearing costs could vary by monetization route. A faster nationwide transaction could require greater incentives than a geography-by-geography approach spread over several years. A JPMorgan analyst asked whether stronger spectrum demand had changed the pace of Anterix's strategic review. Lang said that interest has increased on both the utility and strategic sides since the prior update. Lang said that the active pipeline includes seven, eight and nine-digit opportunities, with existing discussions continuing to accelerate. A B. Riley Securities analyst asked whether a nationwide buyer could make the full footprint more valuable. Lang said that Anterix would be prepared for that outcome and would not compromise the asset for a subpar transaction. CFO Elena Marquez said that completed utility spectrum transactions have averaged about $1.40 per megahertz-POP, while the FCC's recent AWS-3 auction averaged about $2.50 per megahertz-POP. Marquez said that approximately 3 billion megahertz-POPs, or about 85% of the company's total, remain available for monetization. She said the balance sheet allows Anterix to be patient on timing and firm on pricing. When a Craig-Hallum analyst asked whether AWS-3 results were affecting negotiations, Marquez said that public benchmarks were having a positive effect on pricing strategy and customer discussions. CEO and President Scott Lang said TowerX and CatalyX are reducing deployment friction and broadening utility conversations, though their direct commercial contribution remains early. Guttman-McCabe described initial direct-to-device testing with Lynk as successful and said Anterix is discussing how that work could evolve. Marquez said share repurchases remain in the capital-allocation toolkit. With $116.0 million in cash and no debt at quarter-end, she said Anterix is balancing spectrum investment with financial flexibility. Lang repeatedly framed Anterix as not managing toward one outcome. He described utility sales, strategic transactions, product revenue and emerging applications as parallel paths for creating value. Marquez said that Anterix expects at least single-digit millions of dollars of broadband-license gains in the next quarter, while maintaining its policy of not providing formal guidance. ATEX carries a Zacks Rank #3 (Hold) at present. Zacks emphasizes Zacks Rank #1 (Strong Buy) and 2 (Buy) stocks when pairing ranks with favorable Style Scores. ATEX's Momentum Score of A is favorable, while its Value Score of D, Growth Score of F and VGM Score of F show weaker readings across the other style measures. You can see the complete list of today’s Zacks #1 Rank stocks here. The Zacks Style Scores complement the Zacks Rank, with A and B representing the more favorable grades. ATEX's mix therefore combines strong momentum with weaker value, growth and composite characteristics. The Zacks Rank can change as analysts revise earnings estimates following the just-reported results. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Anterix Inc. (ATEX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management attributes accelerating business activity to a broader market recognition of the strategic importance and limited supply of licensed low-band spectrum. The company is pivoting toward a strategy of 'optionality,' moving beyond a single-outcome focus to pursue value through utility transactions, strategic partnerships, and new satellite applications. A recent FCC filing by SpaceX advocating for satellite build-out options is viewed by management as a validation of Anterix's 900 MHz spectrum value and a potential catalyst for expanded use cases. Operational execution remains focused on clearing the nationwide 10 MHz footprint, with 40% of counties already cleared and the ability to scale clearing efforts to match specific customer demand. Management emphasizes a disciplined approach to monetization, stating they will not compromise the asset's value for 'subpar' deals despite increasing market interest. The utility pipeline has seen increased engagement, with approximately a dozen active opportunities ranging from seven-digit to nine-digit deal sizes. Management expects to receive approximately $10 million in additional contracted proceeds during the remainder of fiscal 2027. The company anticipates generating at least single-digit million GAAP broadband license gains in the upcoming quarter based on ongoing clearing activities. Future clearing costs are described as a 'sliding scale' dependent on the pace of monetization; a nationwide buyer would likely necessitate higher incentive costs to accelerate the timeline. Anterix plans to maintain its share buyback program as a capital allocation tool, with an expectation to renew the authorization in September. Strategic focus is shifting toward integrating satellite coverage (D2D) as a third way for licensees to satisfy build-out requirements, potentially reducing deployment friction for customers. The company maintains a debt-free balance sheet with approximately $116 million in cash, providing the 'patience' required to remain firm on spectrum pricing. Management highlighted a significant valuation gap, noting their current market cap implies $0.60 per MHz-POP compared to their transaction average of $1.40 and the recent AWS-3 auction average of $2.50. Approximately 3 billion MHz-POPs, or 85% of the company's total footprint, remain available for monetization, including major metropolitan markets. Broadband license exchanges generated a gain of approximately $11 million during the first quarter, reflecting active management of the spectrum portfolio. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management confirmed that the strategic review has become more active due to increasing demand for licensed spectrum over the last two months. The current pipeline of 12 active deals includes a mix of 7-digit, 8-digit, and 9-digit opportunities that are accelerating in maturity. Management views SpaceX as a credible market force that increases the urgency for critical infrastructure targets to secure spectrum now. While specific clearing cost guidance was withheld to maintain negotiating leverage, management asserted that 100% of the country is monetizable with significant upside relative to current market cap. Recent D2D tests with Lynk were characterized as a success, and management is advocating for the FCC to allow satellite coverage to satisfy build-out requirements. Management has not heard concerns from utility customers regarding satellite integration; rather, utilities view the added satellite layer as valuable optionality for secure connectivity.

This article first appeared on GuruFocus. GAAP Revenue: $2 million for the first quarter of fiscal 2027. Operating Expenses: $9.5 million (as stated on the call; press release reflects $12.856 million), maintaining a disciplined cost structure. Broadband License Exchange Gain: Approximately $11 million gain generated during the quarter. Cash Position: Ended the quarter with approximately $116 million in cash and no debt. Customer Payments: Received approximately $16 million during the quarter. Stock Option Exercises: Received $20 million from stock option exercises during the quarter. Expected Contracted Proceeds: Approximately $10 million of additional contracted proceeds expected during the remainder of fiscal 2027. Spectrum Clearing Investment: Approximately $7 million allocated to spectrum clearing during the quarter. Spectrum Valuation Metrics: Executed utility spectrum transactions averaged approximately $1.40 per megahertz-POP; FCC's AWS-3 auction averaged approximately $2.50 per megahertz-POP; current market capitalization implies a spectrum valuation of approximately $0.60 per megahertz-POP. Monetization Potential: Approximately 3 billion megahertz-POPs, representing about 85% of total megahertz-POPs, remain available to monetize. Warning! GuruFocus has detected 4 Warning Signs with EML. Is ATEX fairly valued? Test your thesis with our free DCF calculator. Release Date: August 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Anterix Inc (NASDAQ:ATEX) has a strong balance sheet with approximately $116 million in cash and no debt, providing financial flexibility. The company's spectrum is gaining market recognition, with recent FCC filings from SpaceX and other strategic initiatives validating the value of its low-band spectrum. Anterix Inc (NASDAQ:ATEX) has a robust pipeline of nearly a dozen active utility opportunities, including deals in the seven-, eight-, and nine-digit range. The company's executed spectrum transactions average $1.40 per megahertz-POP, while the recent AWS-3 auction averaged $2.50, indicating significant upside potential. Anterix Inc (NASDAQ:ATEX) has a proven track record of clearing spectrum efficiently, with 40% of counties already cleared and the ability to scale nationwide. The company received approximately $16 million in customer payments and $20 million from stock option exercises during the quarter, boosting liquidity. Anterix Inc (NASDAQ:ATEX) is exploring optionality in monetization, including satellite partnerships like Lynk, which could expand use cases and value. Anterix Inc (NASDAQ:ATEX) reported relatively low GAAP revenue of $2 million for the first quarter, indicating limited near-term income. The company faces uncertainty in clearing costs, which could vary significantly depending on the pace and scope of nationwide clearing. Anterix Inc (NASDAQ:ATEX) has a large portion of its spectrum (85%) still unmonetized, leaving the majority of value unrealized and dependent on future deals. The strategic review process is ongoing, and the outcome remains uncertain, which could create investor ambiguity. The company's market capitalization implies a spectrum valuation of only $0.60 per megahertz-POP, suggesting the market is not fully recognizing the asset's value. Anterix Inc (NASDAQ:ATEX) expects only single-digit million gains from broadband license exchanges in the next quarter, indicating modest near-term financial impact. The company's reliance on external factors, such as FCC rulemaking and market demand, introduces regulatory and market risks. Q: Given the amount of demand in the market and active customer engagements, is the strategic review still active or passive? Has the volume of conversations increased given market forces? And can you update us on the status of the dozen active utility opportunities, including those outside traditional IOUs?A: Scott Lang (President and CEO): The increasing demand and preciousness of licensed spectrum has increased the amount of interest in our spectrum, both from the utility side and regarding the strategic review. The conversations on both angles have increased in the last two months. Regarding the deals, there are about a dozen very active opportunities, with new deals coming to the table each month. The deals are a nice mix of seven-digit, eight-digit, and nine-digit opportunities, well represented in each category. Q: Given that SpaceX can now be seen as a credible buyer with over $100 billion in cash, have you come back to your critical infrastructure targets and said it's "now or never," since your asset would be more valuable to someone like SpaceX if it covered more of the country with less of a patchwork pattern?A: Scott Lang (President and CEO): We are clearly talking about that and will be prepared for it. It's a rich problem to have when the time comes. I wake up every morning thinking about how to maximize shareholder value with this incredible asset. I have the Board's full support and this team's full support that we will not compromise this asset for a subpar deal. Q: Can you give an estimate of the cost to clear the entire spectrum, including what percentage might be additional slices you would need to acquire at the 600 megahertz auction price?A: Elena Marquez (CFO): We need to maintain our negotiation leverage with incumbents to keep costs down and returns up. Given the optionality in how we may monetize, if we continue geography by geography, costs may be lower over several years. If there's a nationwide buyer looking to clear faster, costs may be higher due to accelerated incentives. Regardless, even with the most conservative highest estimates, there's significant upside in the gross value of our asset compared to the current market cap. Using our own benchmark of $1.40 per megahertz-POP, the remaining 3 billion POPs would be worth over $4 billion. Using the FCC's AWS-3 auction average of $2.50, the gross value would be about $7.5 billion. Christopher Guttman-McCabe (Chief Regulatory and Communications Officer) added that every deal to date has been a significant premium to the 600 megahertz price, and the amount of spectrum taken from the commission's inventory is a sliding scale that differs by county. Every time an incumbent is cleared, their channels are onboarded, reducing what is paid to the FCC. Q: Can you share what you've learned so far from the D2D experimental licenses that started on May 31, and what decision points we should look for going forward?A: Scott Lang (President and CEO): Both Lynk and ourselves were very pleased with the results. We call it a success with a green checkmark. Christopher Guttman-McCabe (Chief Regulatory and Communications Officer): Lynk has been a great partner and introduced us to the D2D world. The first round of tests were incredibly successful, and we're in conversations about how to evolve. We loved what SpaceX introduced publicly, which is what we've been talking about internallyhaving a third way to satisfy build-out by adding satellite coverage. We see optionality in how to monetize, how to clear, and how to satisfy build-out. Q: With your active conversations with utilities, are there any concerns they might have about adding a satellite layer that conflicts with the exclusivity they think they're paying for?A: Scott Lang (President and CEO): We have not heard any concerns on that. If there were any, we would hear about it. In fact, initially, they see the optionality as very strong for their use cases in the conversations we've had. Q: Given the strong cash position and $226 million left on the buyback authorization expiring in late September, how should we think about that?A: Elena Marquez (CFO): We think about capital allocation almost daily and always consider where to put every dollar to maximize shareholder return while balancing the financial health of the company. A strong balance sheet allows us to make investments, unlock the value of monetizable spectrum, and be patient to utilize the best monetization opportunities. Share buybacks will continue to be in our toolkit, and I wouldn't be surprised if we renew the program in September. Q: Can you give an update on TowerX and CatalyX? What portion of the dozen opportunities include conversations about those offerings, and how close are you to tangible deals?A: Scott Lang (President and CEO): The role those launches have played is exactly what we hopedeliminating friction. We work with utilities to help understand the broader roadmap of getting deployed and having business executives get used to it. How commercially that plays out regarding specific products or the premium is still early days, but it is making a big impact on accelerating deals, the value we're getting, and opening up new conversations within utilities and other sectors. Q: Given the AWS-3 auction results, do those pricing results have any impact on negotiations or pricing talks for your spectrum deals?A: Elena Marquez (CFO): Absolutely. Any public data and benchmarks certainly educate our pricing conversations with customers since they are public benchmarks. It has been having a great positive effect on our pricing strategy and conversations. Q: Can you provide any color on potential GAAP broadband license gain estimates for this quarter or the remainder of the fiscal year following the just over $10 million gain recorded in the first quarter?A: Elena Marquez (CFO): We don't guide, but I will say we do expect at least single-digit million gains in the following quarter. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in Anterix Inc.? Here are five stocks we like better. Anterix reported $2 million in fiscal Q1 2027 revenue, about $11 million in gains from broadband license exchanges, and $116 million in cash with no debt. Management said nearly a dozen potential transactions are active, ranging from seven- to nine-figure opportunities. SpaceX’s FCC proposal for a satellite-based spectrum build-out option could give Anterix and its licensees more flexibility, while successful direct-to-device testing with Lynk may expand potential spectrum uses beyond utility private networks. Anterix has cleared 40% of U.S. counties for its full 10 MHz broadband configuration, with roughly 85% of its MHz-POPs still available for monetization. Management cited prior transaction values implying more than $4 billion in potential gross asset value, though it stressed these figures are reference points rather than forecasts. 3 Stocks Set to Double—And There's Still Time to Buy Anterix (NASDAQ:ATEX) said it is seeing accelerating interest in its licensed low-band spectrum portfolio as demand grows among utilities, wireless providers and satellite connectivity companies. The company also reported first-quarter fiscal 2027 revenue of $2 million, an approximately $11 million gain from broadband license exchanges, and a quarter-end cash balance of about $116 million with no debt. President and CEO Scott Lang said commercial activity has continued to build since the company’s June update, with nearly a dozen active opportunities under discussion. He said those opportunities span seven-digit, eight-digit and nine-digit potential transactions, though the company did not disclose customers, expected timing or deal values. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat “The key point is this: we are not managing to one outcome. We have optionality,” Lang said, citing Anterix’s nationwide 10 MHz spectrum footprint and growing recognition of the scarcity of licensed low-band spectrum. Management pointed to a SpaceX ex parte filing submitted to the Federal Communications Commission across three dockets, including Anterix’s proceeding. SpaceX advocated for a satellite build-out deployment option, according to Lang. Anterix filed a letter supporting the proposal, saying it could expand options for use of the company’s spectrum. → AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be Chris Guttman-McCabe, Anterix’s chief regulatory and communications officer, said the company’s existing licensees have two ways to meet build-out requirements and that a satellite-based option could provide a third. He said the company viewed the SpaceX proposal as supportive of greater flexibility in meeting those requirements. Anterix has also conducted direct-to-device testing with Lynk. Lang described the first round of tests as successful, while Guttman-McCabe said the companies were discussing how to evolve the work. Management said it had not heard concerns from utility customers that a satellite layer would conflict with the security or exclusivity of their private-network deployments. → First Solar’s Profit Engine Faces a New Policy Test in Washington The company said it has cleared 40% of U.S. counties for the full 10 MHz broadband configuration following the FCC’s expansion of the band. Guttman-McCabe said Anterix can pursue clearing on a market-specific, regional or nationwide basis depending on customer requirements and commercial opportunities. He said the company has historically met requested clearing delivery schedules and delivered broadband availability ahead of contracted timelines for most customers. Anterix said it believes it can clear and monetize the full U.S. footprint, though management did not provide a total estimated cost to complete nationwide clearing. Chief Financial Officer Elena Marquez said clearing costs could vary materially depending on whether the company continues to monetize spectrum geography by geography or works with a potential nationwide buyer seeking accelerated deployment. She said Anterix did not want to provide detailed clearing-cost figures because of the need to preserve negotiating leverage with incumbents. Guttman-McCabe added that the amount of spectrum Anterix must obtain from the FCC’s inventory can vary by county. Each time the company clears an incumbent, it gains access to that incumbent’s channels, which can reduce the need to acquire inventory spectrum, he said. For the first quarter of fiscal 2027, Anterix reported GAAP revenue of $2 million and operating expenses of $9.5 million. The company received approximately $16 million in customer payments and $20 million from stock option exercises during the quarter, according to Marquez. Anterix invested about $7 million in spectrum clearing during the period and expects to receive approximately $10 million in additional contracted proceeds during the remainder of fiscal 2027. Marquez said the company expects at least single-digit-million-dollar gains from broadband license exchanges in the following quarter, while noting that Anterix does not provide formal guidance. Management said executed utility spectrum transactions have averaged approximately $1.40 per MHz-POP, compared with an average of approximately $2.50 per MHz-POP in the FCC’s most recent AWS-3 auction. Marquez said Anterix’s current market capitalization implied a spectrum value of approximately $0.60 per MHz-POP. About 3 billion MHz-POPs, or roughly 85% of the company’s total MHz-POPs, remain available for monetization, including major metropolitan markets, she said. Using the company’s prior transaction average, Marquez said the gross value of the remaining asset would be more than $4 billion; using the AWS-3 auction average, it would be about $7.5 billion. Those figures were presented as valuation reference points rather than forecasts of realized proceeds. Lang said Anterix’s TowerX and CatalyX offerings are helping reduce friction for utilities considering spectrum deployment by supporting customers’ network-planning and implementation roadmaps. He said it remains early to determine how those offerings will translate into direct commercial revenue, but they have contributed to deal acceleration, customer interest and discussions beyond the utility sector. Marquez said the company continues to evaluate capital allocation, including its share repurchase authorization, which had approximately $226 million remaining and expires in late September. She said share repurchases remain part of Anterix’s toolkit and that the company could renew the program, but emphasized that management is balancing buybacks against investments intended to increase the availability and value of its spectrum. Lang said the company is focused on maximizing shareholder value and would not accept what he characterized as a subpar transaction for its spectrum assets. Anterix, Inc is a specialized telecommunications company focused on delivering private broadband networks for utilities and other critical infrastructure industries. The company owns and operates dedicated 900 MHz spectrum that enables reliable, secure and high-performance wireless communications to support grid modernization, smart metering, distribution automation and other mission-critical applications. By leveraging this spectrum, Anterix helps electric, water and gas utilities deploy advanced communications capabilities to enhance operational efficiency and resiliency. At the core of Anterix’s offering is its licensed 900 MHz spectrum, which provides superior propagation characteristics compared with unlicensed options and allows for cost-effective coverage over expansive service territories. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Anterix Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

WOODLAND PARK, N.J., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX) today announced its first quarter fiscal 2027 results and filed its Form 10-Q for the three months ended June 30, 2026. Financial and Operational Highlights Approximately $33.1 million of contracted proceeds outstanding with more than $15.7 million received from customers during the first quarter of fiscal 2027 and approximately $9.6 million expected to be received during the remainder of fiscal 2027 On April 16, 2026, the Company entered into a 10 MHz 900 MHz spectrum license sale agreement with Benton PUD for a total contract price of $0.8 million Exchanged narrowband for broadband licenses in 6 counties and recorded a $10.7 million gain on exchange of broadband licenses Invested $6.7 million in spectrum clearing costs Liquidity and Balance Sheet At June 30, 2026, the Company had no debt and cash and cash equivalents of $116.0 million. In addition, the Company had a restricted cash balance of $3.9 million in escrow deposits. The Company has an authorized share repurchase program for up to $250.0 million of the Company’s common stock on or before September 21, 2026. In fiscal 2027 first quarter, Anterix had no share repurchase activity. As of June 30, 2026, $226.7 million remained available under the share repurchase program. Conference Call Information Anterix senior management will hold an analyst and investor conference call to provide a business update at 9:00 A.M. ET on Wednesday, August 12, 2026. Participants interested in joining the call’s live question and answer session are required to pre-register by clicking on the following link https://bit.ly/anterixQ1FY27 to obtain a dial-in number and unique PIN. It is recommended that you join the call at least 10 minutes before the conference call begins. The call is also being webcast live and will be accessible on the Investor Relations section of Anterix’s website at https://investors.anterix.com/events-presentations. Following the event, a replay of the call will also be available on the Anterix website. About Anterix Inc. Anterix is transforming how critical infrastructure stays connected. As the market leader in mission-critical private wireless broadband spectrum for the utility sector, Anterix delivers more secure, private 900 MHz licensed spectrum and advanced intelligent infrastructure solutions that enhance efficiency, strengthen resilience, and accelerate digital transformation. Backed by a growing ecosystem of industry-leading partners, Anterix provides the connectivity foundation that powers a more resourceful and resilient future. Learn more at www.anterix.com. Forward-Looking Statements Certain statements contained in this press release constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future events or achievements such as statements in this press release related to Anterix’s business, financial results, outlook, regulatory actions or opportunities. Actual events or results may differ materially from those contemplated in this press release. Forward-looking statements speak only as of the date they are made and readers are cautioned not to put undue reliance on such statements, as they are subject to a number of risks and uncertainties that could cause Anterix’s actual future results to differ materially from results indicated in the forward-looking statement. Such statements are based on assumptions that could cause actual results to differ materially from those in the forward-looking statements, including: (i) the timing of payments under customer agreements; (ii) Anterix’s ability to clear the 900 MHz Broadband Spectrum on a timely basis and on commercially reasonable terms; (iii) Anterix’s ability to timely secure broadband licenses; (iv) Anterix’s ability to successfully commercialize its spectrum assets and services to its targeted utility or other customers in accordance with its plans and expectations; (v) Anterix’s ability to execute on its customer engagement initiatives; and (vi) competition in the market for spectrum and spectrum solutions offered by Anterix. Actual events or results may differ materially from those contemplated in this press release. Anterix’s filings with the Securities and Exchange Commission (“SEC”), which you may obtain for free at the SEC’s website at http://www.sec.gov, discuss some of the important risk factors that may affect the Company’s financial outlook, business, results of operations and financial condition. Anterix undertakes no obligation to update publicly or revise any forward-looking statements contained herein. Shareholder Contact Natasha Vecchiarelli VP, Investor Relations & Corporate Communications Anterix [email protected] The following tables provide a reconciliation of cash and cash equivalents and restricted cash reported on the Consolidated Balance Sheets that sum to the total of the same such amounts on the Consolidated Statements of Cash Flows:

Camtek (CAMT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.63%. A quarter ago, it was expected that this maker of automatic optical inspection and process enhancement systems would post earnings of $0.69 per share when it actually produced earnings of $0.7, delivering a surprise of +1.45%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Camtek, which belongs to the Zacks Electronics - Measuring Instruments industry, posted revenues of $133.24 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.31%. This compares to year-ago revenues of $123.32 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Camtek shares have added about 46.1% since the beginning of the year versus the S&P 500's gain of 13.3%. While Camtek has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Camtek was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.93 on $149.41 million in revenues for the coming quarter and $3.47 on $569.63 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Measuring Instruments is currently in the top 3% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Anterix (ATEX), another stock in the broader Zacks Computer and Technology sector, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 11. This wireless communications company is expected to post quarterly loss of $0.55 per share in its upcoming report, which represents a year-over-year change of -14.6%. The consensus EPS estimate for the quarter has been revised 4.1% higher over the last 30 days to the current level. Anterix's revenues are expected to be $1.97 million, up 38.4% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Camtek Ltd. (CAMT) : Free Stock Analysis Report Anterix Inc. (ATEX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research