Anterix Q2 FY2024: $7.3M gain from SDG&E license sale, $10.7M buyback, 16 utilities in DI threshold

Anterix Inc.

2024-Q2 EPS reported $0.00 revenue$1,660,000

Cash $48.5M at Sept 30; transferred San Diego broadband license to SDG&E, recorded $7.3M gain.
Exchanged narrowband for broadband licenses in 5 counties, recorded $8.5M gain; incurred $4.9M clearing costs.
Repurchased $10.7M of ATEX stock during Q2.
16 utilities crossed DI threshold (~$900M potential proceeds); $3B+ total pipeline potential.
~$500M potential proceeds in Phase 3 (negotiation/commitment); ~$240M already contracted.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Anterix Inc. reported financial results for second quarter fiscal 2024.

Period: second quarter fiscal 2024
Result: reported results

Exact text from the filing

On November 13, 2023 , Anterix Inc. (the “Company”) announced its second quarter fiscal 2024 financial results for the three and six months ended September 30, 2023.

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310 earnings releases filed in the last 30 days. Browse all earnings releases →

Anterix Inc. filing history →

Source: SEC EDGAR

accession 0001304492-23-000060

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