earnings
confidence high
sentiment neutral
materiality 0.50
Anterix Q1 FY27: $33.1M contracted proceeds, $10.7M broadband license gain
Anterix Inc.
- Received $15.7M from customers in Q1; $9.6M more expected in remaining FY27; $33.1M contracted proceeds outstanding.
- On April 16, 2026, sold 10 MHz 900 MHz spectrum to Benton PUD for $0.8M.
- Exchanged narrowband for broadband licenses in 6 counties, recording $10.7M gain; spent $6.7M on spectrum clearing.
- Cash and equivalents $116.0M, no debt, restricted cash $3.9M; $226.7M left under $250M buyback program.
- No share repurchases during Q1 FY27; conference call scheduled for Aug 12, 2026.