earnings
confidence high
sentiment positive
materiality 0.70
Anterix reports FY2026: new spectrum sales, FCC expansion, $98.5M cash, no debt
Anterix Inc.
- Executed new spectrum sale agreements for total proceeds of $23.9M in FY2026; subsequent deal with Benton PUD for $0.8M.
- FCC adopted 900 MHz broadband expansion from 6 MHz to 10 MHz on Feb 18, 2026, expanding addressable market.
- Recorded $34.8M gain on broadband license deliveries (155 counties) and $105.4M gain on narrowband-for-broadband exchanges (219 counties).
- Cash and cash equivalents of $98.5M, no debt; $226.7M remaining under $250M share repurchase program.
- Launched TowerX tower site access and CatalyX connectivity management solutions.