Anterix Q2 FY2025: Cash $43.1M, no debt; new CEO Scott Lang; 18 utilities above DI threshold

Anterix Inc.

2024-Q2 EPS reported -$1.53 revenue$3,076,000

Cash and equivalents $43.1M, no debt; $7.5M milestone payment from Ameren.
Contracted proceeds due ~$168M, with $110M expected through fiscal 2026.
Pipeline of ~$3B across 60+ potential customers; $375M signed to date.
New President & CEO Scott Lang (first month) cites strong market positioning.
DI scorecard: 18 utilities represent ~$1B in potential proceeds, consistent with Aug 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.