Anterix Inc. (NASDAQ: ATEX) Surpasses EPS Estimates but Faces Revenue Shortfalls

• Anterix Inc. (NASDAQ:ATEX) reported an EPS of $0.49, significantly beating the estimated loss.
• The company's revenue of $1.39 million missed the estimated $1.71 million, continuing a trend of not meeting consensus revenue estimates.

Anterix Inc. (NASDAQ: ATEX) is a company that focuses on providing private broadband solutions for critical infrastructure industries. It operates in a niche market, offering wireless communication services to utilities and other sectors. Despite its specialized offerings, Anterix faces competition from other telecommunications and technology companies that provide similar services.

On June 24, 2025, Anterix reported earnings per share (EPS) of $0.49, significantly surpassing the estimated loss of $0.43. This positive surprise of 16.28% highlights the company's ability to exceed expectations, as it has done in two of the past four quarters. In the previous quarter, Anterix also outperformed with a loss of $0.46 per share against an anticipated loss of $0.57, resulting in a 19.3% surprise.

Despite the positive EPS results, Anterix's revenue for the quarter ended March 2025 was $1.39 million, falling short of the estimated $1.71 million by 11.81%. This shortfall continues a trend, as the company has not met consensus revenue estimates in the last four quarters. However, the revenue did show a slight increase from the $1.26 million reported a year ago.

The high price-to-sales ratio of 90.64 and enterprise value to sales ratio of 86.66 suggest the stock is trading at a premium relative to its sales. Additionally, the enterprise value to operating cash flow ratio is -77.88.

On the positive side, Anterix maintains a low debt-to-equity ratio of 0.037, indicating minimal reliance on debt financing. The company also has a healthy current ratio of 1.65, suggesting good short-term financial health. These factors, along with significant spectrum sale agreements and milestone payments, provide some stability amid the financial challenges.