B. Riley Comments on Anterix's Q1 Earnings (NASDAQ:ATEX)

Anterix Inc. (NASDAQ:ATEX - Free Report) - Equities researchers at B. Riley issued their Q1 2026 earnings per share (EPS) estimates for Anterix in a research report issued on Wednesday, June 25th. B. Riley analyst M. Crawford expects that the company will post earnings per share of ($0.60) for the quarter. The consensus estimate for Anterix's current full-year earnings is ($1.53) per share. B. Riley also issued estimates for Anterix's Q2 2026 earnings at ($0.58) EPS and Q3 2026 earnings at ($0.56) EPS.

Anterix (NASDAQ:ATEX - Get Free Report) last released its earnings results on Tuesday, June 24th. The company reported ($0.36) earnings per share for the quarter, beating the consensus estimate of ($0.48) by $0.12. The business had revenue of $1.39 million during the quarter, compared to analysts' expectations of $1.71 million. Anterix had a negative net margin of 188.56% and a negative return on equity of 29.71%. During the same period last year, the business earned ($0.62) earnings per share.

Anterix Price Performance

NASDAQ ATEX traded up $0.13 during trading on Monday, reaching $25.21. 113,945 shares of the company's stock were exchanged, compared to its average volume of 165,968. The business has a 50 day moving average price of $27.87 and a 200-day moving average price of $31.64. The stock has a market capitalization of $471.43 million, a P/E ratio of -40.02 and a beta of 0.87. Anterix has a fifty-two week low of $24.33 and a fifty-two week high of $42.91.

Institutional Investors Weigh In On Anterix

Several hedge funds have recently added to or reduced their stakes in ATEX. DG Capital Management LLC bought a new position in shares of Anterix in the fourth quarter valued at about $13,158,000. Scoggin Management LP acquired a new position in Anterix in the 1st quarter valued at about $10,980,000. Nuveen LLC bought a new position in Anterix in the 1st quarter valued at about $7,204,000. Roubaix Capital LLC acquired a new stake in Anterix during the first quarter worth approximately $5,918,000. Finally, AYAL Capital Advisors Ltd bought a new stake in shares of Anterix during the first quarter worth approximately $3,611,000. Institutional investors and hedge funds own 87.67% of the company's stock.

Anterix Company Profile

Anterix Inc operates as a wireless communications company. The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks and innovative broadband solutions. It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico.