Anterix Inc
F:2X6

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Anterix Inc
F:2X6
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Price: 38.6 EUR -4.46% Market Closed
Market Cap: €464.7m

Anterix Inc
Investor Relations

Anterix owns and develops low-band wireless spectrum in the 900 MHz range and sells access to that spectrum for private broadband networks. Its main job is not to build consumer telecom service, but to help utilities and other critical infrastructure companies create their own secure wireless communications systems for grid operations, field crews, automation, and control devices. Its customers are mostly electric utilities, and also some gas, transportation, and industrial operators that need reliable communications in hard-to-reach or high-security environments. Anterix makes money by licensing spectrum rights and by helping customers plan and deploy private wireless networks built around that spectrum. What makes the business different is that it sits between traditional telecom and utility infrastructure. Instead of selling phones or mass-market service, Anterix monetizes a scarce spectrum asset that is useful for mission-critical networks with long equipment lives and high reliability needs. That gives it a niche role in the private wireless market, especially where public cellular networks are not a good fit.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Feb 12, 2026
AI Summary
Q3 2026

Cost Discipline: Operating expenses were cut by 20%, making the company leaner and more financially disciplined.

Profitability Milestone: Anterix is positioned for its first year ever of positive net income under GAAP.

Commercial Progress: The CPS Energy agreement is a $13 million contract, with 50% of the payment upfront and the rest due at the end of fiscal 2027.

Cash & Guidance: Cash proceeds guidance for the fiscal year was raised to $120 million from $100 million.

Product Expansion: New products and the Anterix Accelerator program are expected to increase recurring revenue and reduce deployment friction for utilities.

Regulatory Momentum: The company is optimistic about favorable FCC action enabling broadband deployment across the full 10 MHz of its spectrum.

Market Leadership: Anterix has 8 flagship customers totaling $400 million in contract value and covers over 93% of Texas counties.

Strong Balance Sheet: The company has approximately $30 million in cash and zero debt.

Key Financials
CPS Energy Contract Value
$13 million
CPS Energy Payment Structure
50% payable upfront, 50% at end of fiscal 2027
Flagship Customer Contract Value
$400 million
Cash (as of December 31)
$30 million
Debt
$0
Expected Cash Collections (Q4)
Over $80 million
CPS Energy Initial Payment
$6.5 million
Projected Cash Proceeds (FY26)
$120 million
Spectrum Coverage (Texas counties)
Over 93%
Evergy Connected Devices
4,500 devices, with a path to over 1 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Ryan Gerbrandt
Chief Operating Officer
No Bio Available
Mr. Christopher Guttman-McCabe
Chief Regulatory & Communications Officer
No Bio Available
Mr. Robert H. Schwartz
Advisor to the Board
No Bio Available
Mr. Morgan E. O'Brien
Executive Chairman
No Bio Available
Mr. Scott A. Lang
CEO, President & Director
No Bio Available
Mr. Timothy A. Gray C.P.A.
Chief Financial Officer
No Bio Available
Mr. Carlos Eduardo L'Abbate
Chief Technology & Engineering Officer
No Bio Available
Ms. Natasha Vecchiarelli
Vice President of Investor Relations & Corporate Communications
No Bio Available
Ms. Gena L. Ashe J.D.
Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. Rafael Sulit
Vice President of Marketing
No Bio Available

Contacts

Address
NEW JERSEY
Woodland Park
3 Garret Mountain Plz Ste 401
Contacts
+19737710300.0
anterix.com
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