ATEX

It has been about a month since the last earnings report for Anterix (ATEX). Shares have added about 30.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Anterix due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts. Anterix Records Narrower-Than-Expected Q3 Loss Despite Flat Revenues Key Highlights Spectrum revenue of $1.573 million in the third quarter of fiscal 2026, essentially flat year-over-year from $1.566 million in the year-ago quarter. Operating expenses declined 23% to $11.8 million from $15.3 million, driven by lower severance and reduced G&A. Cash and cash equivalents stood at $29.5 million with restricted cash of $8.4 million at year-end and no debt. Approximately $123 million of contracted proceeds are outstanding, with a line of sight to collect over $80 million in the fiscal fourth quarter. Revenue and Earnings Drivers Revenue remained essentially flat as spectrum revenue recognition is paced by customer delivery milestones and deferred revenue amortization. By customer in the fiscal third quarter: Xcel Energy contributed $0.9 million (up 12.9% year over year), Ameren $0.21 million (up 4.6%), Evergy $0.4 million (flat), and TECO $0.8 million. Prior-year narrowband revenue from Motorola ($0.18 million) rolled off after full recognition in fiscal 2025. Revenues for the reported quarter were in sync with the Zacks Consensus Estimate. Anterix recorded a loss of $6.6 million or a loss of 35 cents per share in the reported quarter against net income of $7.7 million or 41 cents per share in the year-earlier quarter, driven by lower non-operational gains from license exchanges. Fiscal third quarter 2026 included a $0.8 million gain on spectrum exchange and $0.3 million on sales, compared with a $20.8 million exchange gain in fiscal third quarter 2025. The bottom line was narrower than the consensus estimate of a loss of 57 cents per share. Commercial and Cost Execution Cost structure improved materially with G&A down 5.9% year over year to $8.7 million and severance charges down 86.8% to $0.5 million. Management executed a 20% OpEx run-rate reduction in fiscal 2026. The company signed CPS Energy for a $13 million sp...

Vistance Networks, Inc. VISN is scheduled to report fourth-quarter 2025 earnings before the opening bell on Feb. 26. The Zacks Consensus Estimate for sales and earnings for the to-be-reported quarter is pegged at $1.5 billion and 45 cents per share, respectively. Over the past 60 days, earnings estimates for VISN have remained steady at $1.65 per share for 2025 and $1.80 per share for 2026. Image Source: Zacks Investment Research The intelligent network solutions provider delivered a stellar four-quarter earnings surprise of 144%, on average, beating estimates on each occasion. In the last reported quarter, the company’s earnings surprise was 67.6%. Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for Vistance for the fourth quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Vistance currently has an ESP of 0.00% with a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. In the quarter, Vistance introduced a production-ready secure bootloader signing solution designed to simplify and strengthen device security for Texas Instruments’ AM6x processor family. Built on its Permission Rights Signing Manager (PRiSM) platform, the solution ensures that only trusted firmware runs on a device. The solution also protects critical signing keys using a FIPS-certified Hardware Security Module (HSM) with centralized key management to prevent security breaches. The fully tested solution simplifies secure boot adoption, reduces development effort, speeds time to market, and helps manufacturers meet regulations, such as the European Union’s Cyber Resilience Act, through an auditable signing process. During the to-be-reported quarter, Vistance launched a new RUCKUS MDU (Multi-Dwelling Unit) suite featuring innovative AI and Wi-Fi 7 solutions, integrating enterprise-level Wi-Fi analytics with cloud simplicity and automation. This enables a low-latency and high-reliability solution for improved customer satisfaction and optimized operating costs. These are likely to have generated more customer interest, translating into incremental revenues in the quarter. However, Vista...

Image source: The Motley Fool. Thursday, February 12, 2026 at 9:00 a.m. ET Chairman & CEO — Scott Lang Chief Financial Officer — Elena Marquez Chief Regulatory and Communications Officer — Chris Guttman-McCabe Need a quote from a Motley Fool analyst? Email [email protected] Scott Lang: Thank you for joining us. Let me start with this. We are not the same company we were a year ago. We have executed a complete and total refresh of the critical components of this company. We significantly reduced operating expenses while at the same time strengthening our balance sheet. We successfully launched the Anterix Accelerator program. We introduced new products to remove barriers to deployment and also create the opportunity for annual recurring revenue. We have put in place the senior leadership team to execute on the opportunity in front of us. And our recent brand refresh, just unveiled last week at DISTRIBUTECH, reflects this evolution, clearly signaling who we are today and where we are headed. As a result of our efforts, our 900 MHz broadband spectrum is increasingly viewed not as optional, but as foundational. This is evident in how utilities are planning their networks. In one active deployment, Evergy is supporting roughly 4,500 connected devices today, and that is growing significantly each year with a future line of sight to over 1,000,000 connected devices. This is a real-world example of the scale that utilities are deploying to connect and secure their most critical infrastructure assets. Evergy is not alone. We are hearing and seeing the same plans from each one of our existing customers. For example, in our booth at DISTRIBUTECH, San Diego Gas & Electric spoke to the scale and meaningful operational impact that our collaboration has delivered, validating the credibility, momentum, and trust behind the Anterix platform. CPS, our newest customer, had more than 20 members of their team in our booth witnessing this collaboration firsthand and reinforcing their excitement to get started. And with our foundational 900 MHz spectrum now poised to cover more than 93% of the counties in the great state of Texas, one thing is clear. Anterix is the trusted partner for utility private wireless. With eight flagship customers that represent $400,000,000 in contract value, we are the market leader. We remain in active negotiations with a wide range of utilities, from those...

This article first appeared on GuruFocus. Release Date: February 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Anterix Inc (NASDAQ:ATEX) has significantly reduced operating expenses by 20% while strengthening its balance sheet. The company successfully launched the Anterix accelerator program and introduced new products to create opportunities for annual recurring revenue. Anterix Inc (NASDAQ:ATEX) has secured 8 flagship customers representing $400 million in contract value, establishing itself as a market leader. The company is poised for its first year of positive GAAP net income, reflecting strong financial performance. Anterix Inc (NASDAQ:ATEX) has a strong balance sheet with approximately $30 million in cash and zero debt, providing financial flexibility. The company's success is heavily reliant on regulatory support, which can be uncertain and subject to change. There is a substantial disconnect between Anterix Inc (NASDAQ:ATEX)'s enterprise value and the significant opportunity in front of it, indicating potential undervaluation. The complexity and scale of negotiations with large utilities can lengthen decision cycles, potentially delaying revenue realization. Anterix Inc (NASDAQ:ATEX) faces challenges in clearing incumbents and managing unjust enrichment payments, which can impact pricing strategies. The company's growth and product expansion are dependent on the successful execution of its product roadmap and customer adoption. Warning! GuruFocus has detected 5 Warning Signs with ATEX. Is ATEX fairly valued? Test your thesis with our free DCF calculator. Q: Scott, could you provide insights on what public utility commissioners are saying about the pressure on utilities to modernize their grid, especially in light of the demand from data centers? A: Scott Lang, President and CEO: Commissioners are increasingly recognizing the importance of connectivity for utilities. They understand the need for modernization to keep customers informed and secure. Our message about the importance of private wireless broadband resonates well with them, and they see it as crucial for enabling utilities to be responsive and secure the grid. This understanding is reflected in the regulatory support we are receiving, not just from the FCC but across the board. Q: How does the 900 megahertz spectrum fit into...

Management characterizes the company as having undergone a total refresh, shifting from foundational work to active scaling of its 900 MHz private wireless platform. Performance is increasingly driven by the transition of spectrum from an optional utility asset to a foundational requirement for grid modernization and data center demand. The company achieved its first year of positive GAAP net income by reducing operating expenses by 20% while accelerating spectrum license delivery. Strategic positioning is reinforced by a 'network effect' where existing flagship customers are actively advocating for the platform to prospective utility peers. The appointment of a Chief Product Officer signals a pivot toward capturing more of the value chain through new products that generate annual recurring revenue. Operational focus has shifted toward reducing 'time to value' for utilities by providing tools that simplify the transition from spectrum acquisition to network deployment. Management raised projected cash proceeds for the current fiscal year to $120,000,000, up from the previous guidance of $100,000,000. The strategy assumes significant expansion of connected devices, citing one customer's path from 4,500 current devices to a line of sight for over 1,000,000. Future revenue growth is tied to a new product roadmap focusing on tower access and SIM management to create high-margin, sticky recurring revenue streams. The company is cautiously optimistic regarding a February 18 FCC Report and Order that could enable broadband deployment across the full 10 MHz of the 900 MHz band. Guidance assumes continued disciplined capital allocation, leveraging a debt-free balance sheet to clear spectrum incumbents as needed for utility customers. The CPS Energy agreement serves as the first commitment under the Anterix Accelerator program, featuring a $13,000,000 contract with 50% payable upfront. A recent brand refresh was unveiled to signal the company's evolution and readiness to execute on large-scale utility opportunities. The company has over $80,000,000 to be collected during the fourth quarter, including a $6,500,000 initial payment from CPS Energy. Management highlighted the potential for 'five-by-five' spectrum solutions pending the upcoming FCC decision, which would double the available broadband capacity. Our analysts just identified a stock with the potential to be t...

Management says the company has been “refreshed” after a year-long operational reset, cutting operating expenses by about 20%, adding senior leadership, and launching new products and the Anterix Accelerator to drive recurring, margin-accretive revenue. Anterix highlighted growing customer traction—eight “flagship customers” representing roughly $400 million of contract value, examples like Evergy and a $13M CPS Energy deal—and reported the highest number of licenses delivered in a single year while finishing the quarter with about $30M cash, zero debt, expected Q4 collections of >$80M, and raised fiscal‑year cash proceeds guidance to $120M. On regulation, management is “cautiously optimistic” about an FCC Feb. 18 order that could enable broadband across the full 10 MHz of the 900 MHz band, but said deployment timing and pricing will vary by market due to incumbent-clearing realities. Interested in Anterix Inc.? Here are five stocks we like better. 3 Stocks Set to Double—And There's Still Time to Buy Anterix (NASDAQ:ATEX) executives used the company’s fiscal 2026 third quarter investor update call to highlight a broad operational reset over the past year, point to growing utility interest in private wireless networks using 900 MHz spectrum, and discuss steps taken to reduce costs and improve cash generation. Management also flagged a near-term Federal Communications Commission (FCC) milestone that could expand broadband deployment across the full 10 megahertz of the 900 MHz band. President and CEO Scott Lang opened the call by saying Anterix is “not the same company” it was a year ago, citing a “complete and total refresh of the critical components” of the business. Lang said the company has significantly reduced operating expenses while strengthening the balance sheet, launched the Anterix Accelerator Program, introduced new products designed to reduce deployment barriers and create opportunities for annual recurring revenue, and built out a senior leadership team. → Once Upon A Farm: Buy the $1B Growth Story? Lang also pointed to a brand refresh unveiled at DISTRIBUTECH as a signal of where the company is headed. He said Anterix’s 900 MHz broadband spectrum is “increasingly viewed not as optional, but as foundational,” describing how utilities are planning their networks and deploying connected devices at scale. Lang provided examples of how existing custo...

WOODLAND PARK, N.J., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX) today announced its third quarter fiscal 2026 results and filed its Form 10-Q for the three and nine months ended December 31, 2025. The Company also issued an update on its Demonstrated Intent metric which can be found on Anterix’s website at https://investors.anterix.com/events-presentations. Financial and Operational Highlights Approximately $123 million of contracted proceeds outstanding with line of sight to payment of over $80 million of outstanding contracted proceeds in the fourth quarter of fiscal 2026 Exchanged narrowband for broadband licenses in 12 counties and recorded a $0.8 million gain on exchange of broadband licenses Delivered broadband licenses covering 10 counties to customers and recorded a $0.3 million gain on sale of broadband licenses Invested $3 million in spectrum clearing costs Continued to advance approximately $3 billion pipeline of prospective contract opportunities across 60+ potential customers On January 27, 2026, the Federal Communications Commission (the “FCC”) announced a vote to expand the 900 MHz broadband allocation from 6 MHz to 10 MHz, a milestone stemming from Anterix’s joint petition expected to significantly enhance private wireless broadband capabilities for utilities and critical infrastructure providers On January 30, 2026, the Company entered into a new spectrum sale agreement with CPS Energy for a total contract price of $13 million with 50% payable upfront, and the remaining 50% payable at the end of our fiscal 2027 Liquidity and Balance Sheet At December 31, 2025, the Company had no debt and cash and cash equivalents of $29.5 million. In addition, the Company had a restricted cash balance of $8.4 million in escrow deposits. The Company has an authorized share repurchase program for up to $250 million of the Company’s common stock on or before September 21, 2026. In the fiscal 2026 third quarter, Anterix had no share repurchase activity. As of December 31, 2025, $226.7 million remains 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 Thursday, February 12, 2026. Participants interested in joining the call’s live question and answer session are required to pre-register by clicking on the following...

WOODLAND PARK, N.J. (AP) — WOODLAND PARK, N.J. (AP) — Anterix Inc. (ATEX) on Wednesday reported a fiscal third-quarter loss of $6.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Woodland Park, New Jersey-based company said it had a loss of 35 cents. The wireless communications company posted revenue of $1.6 million in the period. Anterix shares have climbed 36% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $29.70, a fall of 18% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATEX at https://www.zacks.com/ap/ATEX

WOODLAND PARK, N.J., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX) announced today that it will hold a conference call on Thursday, February 12, 2026, at 9:00 a.m. ET. Anterix senior management, led by President and CEO Scott Lang, will discuss the Company’s third quarter fiscal 2026 results. A press release regarding the results will be issued after the close of the market on Wednesday, February 11, 2026. Participants interested in joining the call’s live question and answer session are required to pre-register by clicking here 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. Shareholder Contact Natasha Vecchiarelli Vice President, Investor Relations & Corporate Communications Anterix 973-531-4397 [email protected]

High-Grade Interval of 54 Meters at 2.50% CuEq Remains Open and Expected to Grow with Further Results and Expand B2B Dimensions Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - ATEX Resources Inc. (TSXV: ATX) (OTCQB: ATXRF) ("ATEX" or the "Company") is pleased to announce full results for the initial Phase VI drill hole ATXD25C and partial results for drill hole ATXD26B, the second hole from the current campaign at the Valeriano Copper-Gold Project ("Valeriano" or the "Project") located in Atacama Region, Chile. Drilling commenced in September with six rigs operational on site and has already achieved half of the 25,000 meters guided for Phase VI. Despite the drill program being ahead of schedule, assay laboratory turnaround times are currently longer than anticipated due to elevated seasonal demand across the industry. Results will be released as they are received. "Initial results for drill hole ATXD26B have delivered another high-grade intercept in the B2B Zone and further demonstrates potential to enlarge this high-grade target," stated Ben Pullinger, President and CEO of ATEX. "Results from initial Phase VI drilling at the B2B Zone are improving our understanding of the high-grade system and confirming potential for growth beyond the 2025 Mineral Resource Estimate. To date the program has surpassed expected productivity numbers with 12,550m already completed and over 6,500m of samples currently at the lab." Highlights include: ATXD26B, a daughter hole targeting the B2B Zone intersecting 54 metres ("m") of 2.50% copper equivalent ("CuEq") (1.58% copper "Cu", 0.88 g/t gold "Au") within broader intervals of 146m of 2.00% CuEq (1.30% Cu, 0.67 g/t Au) and 224m of 1.52% CuEq (1.02% Cu, 0.49 g/t Au). Logged breccia mineralization intersected in ATXD26B is anticipated to extend the current limits of the B2B Zone by 100 meters down dip. Chalcopyrite and bornite mineralization with associated brecciation, characteristic of the B2B Zone was intersected from approximately 1,050m to 1,400m downhole, before entering well mineralized early porphyry associated with the high-grade trend until the end of the hole. Over 600m of assay results for ATXD26B are outstanding with full results anticipated in January. Finalized assays from ATXD25C resulted in an improved intercept of 164m of 2.77% CuEq (1.69% Cu, 0.97 g/t Au, 5.5 g/t Ag, 43 g/t Mo) vs. 2.72% CuEq previous...

This article first appeared on GuruFocus. Release Date: November 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Anterix Inc (NASDAQ:ATEX) has a strong customer base and asset value believed to be 10 times the current cost basis. The company has a strong balance sheet with approximately $39 million in cash and no debt. Anterix Inc (NASDAQ:ATEX) is expanding its spectrum from 6 megahertz to 10 megahertz, positioning itself as a future-proof foundation for critical infrastructure modernization. The introduction of Tower X and Catalyx initiatives represents a significant market opportunity, potentially capturing a share of a $1 billion annual market. The company has made significant progress in clearing incumbents, with 85% cleared, allowing for FCC licensing on 90% of U.S. counties. The company faces risks and uncertainties related to forward-looking statements and market conditions. There is a lack of guidance on the timing of licensing and spectrum monetization, creating uncertainty for investors. The financial impact of clearing arrangements, such as the $28 million commitment, could affect cash flow. The process of clearing complex systems is ongoing, with no guaranteed immediate contract opportunities following each clearance. The company's value is heavily reliant on the strategic spectrum asset, which may not translate into immediate revenue growth. Warning! GuruFocus has detected 5 Warning Signs with ATEX. Is ATEX fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide details about the $28 million commitment for wireless licenses and the financial impact on the quarter? A: (Elena Marquez, CFO) We have a total commitment of $28 million for a clearing arrangement. We funded a $14 million escrow for this agreement, with $5.5 million spent so far and $8.5 million remaining. This should cover the rest of the year, with possibly slight additional spending. (Chris Gutman McCabe, Chief Regulatory and Communications Officer) This is part of our clearing process to deliver for an existing customer and unlock opportunities for other broadband customers. We're on track with our clearing estimates. Q: How far along are you in the clearing process, and what does this mean for FCC licensing? A: (Chris Gutman McCabe, Chief Regulatory and Communications Officer) We are now over 85%...