earnings
confidence high
sentiment positive
materiality 0.70
Anterix reports contracted proceeds of $114M outstanding; $3B pipeline; launches TowerX and CatalyX
Anterix Inc.
2026-Q2 EPS reported
$4.21
revenue$2,970,000
- Received $29M in contracted proceeds in Q2; $114M total outstanding; $19M accelerated into FY2026, expects >$60M by year-end.
- Launched TowerX (40,000+ tower access) and CatalyX (SIM/eSIM management), representing ~$1B annual TAM.
- Exchanged narrowband for broadband in 99 counties, recording $60M gain; delivered broadband to 26 customers with $11M gain.
- Invested $13M in spectrum clearing; cash $39.1M, $9.4M restricted, no debt; $226.7M remaining share repurchase authority.
- Pipeline of ~$3B across 60+ potential customers; $390M signed contracts; $500M in Phase 3.