WOODLAND PARK, N.J., June 26, 2024 /PRNewswire/ -- Anterix (NASDAQ: ATEX) announced today that it has entered into an agreement with Oncor Electric Delivery Company LLC ("Oncor") under which Oncor will acquire 900 MHz broadband spectrum from Anterix necessary to deploy a private wireless broadband network throughout its service territory. The new licenses will enable Oncor to move to next generation broadband for mission-critical data and voice services within Oncor across its service territory. The network ...

Group 1 - The Keystone Policy Center awarded its 2024 Keystone Leadership Awards to four leaders, including Anterix President & CEO Rob Schwartz, recognizing their contributions to strategic collaboration in addressing policy challenges [1][2] - Anterix is focused on enhancing collaboration with utilities to build secure private communications networks and modernize the electric grid, which is crucial for advancing public interest and addressing contentious policy issues [3][5] - Anterix holds the largest licensed spectrum in the 900 MHz band across the contiguous United States, Alaska, Hawaii, and Puerto Rico, positioning the company to enable private wireless broadband solutions for a more secure energy future [6]

Company Announcements - ATEX Resources Inc. has granted 498,487 restricted share units (RSUs) and 430,000 stock options to certain officers, directors, and employees [1] - Each stock option allows the holder to acquire one ATEX common share at an exercise price of CAD$1.43 within a five-year period [1] - Of the granted RSUs, 244,755 are subject to a two-year vesting period, while the remaining 253,732 RSUs will vest over three years [1] Financial Updates - ATEX has received an additional CAD$748,200 from the exercise of common share purchase warrants between May 15, 2024, and May 24, 2024 [1] - During this period, a total of 2,121,000 warrants were exercised [1] Project Overview - ATEX is exploring the Valeriano Copper Gold Project, located within the emerging copper gold porphyry mineral belt known as the Link Belt [2] - The Valeriano project hosts a large copper gold porphyry resource of 1.41 billion tonnes at 0.67% CuEq, which includes a higher-grade core of 200 million tonnes at 0.84% CuEq [2]

WOODLAND PARK, N.J., May 7, 2024 /PRNewswire/ -- Anterix (NASDAQ: ATEX) announced today that it will present at the following investor conferences in May 2024. Thursday, May 9, 2024, 10:00 a.m. ET: Anterix Chief Financial Officer Tim Gray will participate in a fireside chat at the Sidoti Micro-Cap Virtual Investor Conference. Additionally, Anterix will host one-on-one meetings with interested investors during the event. Investors wishing to schedule a one-on-one meeting should contact their Sidoti represen ...

Core Insights - Anterix is collaborating with EPRI, George Mason University, Southern Company, and Virginia Tech on a project named STAR TREC, aimed at reducing cybersecurity risks to critical energy infrastructure through the development of secure telecommunications architectures [1][2] - The project has received over $22.2 million in funding from the U.S. Department of Energy's Office of Cybersecurity, Energy Security, and Emergency Response [1] - Anterix will focus on researching and demonstrating zero-trust architectures for secure broadband communications networks essential for integrating distributed energy resources and microgrids [2] Company Involvement - Anterix's expertise in utility-focused private wireless broadband will be instrumental in driving the STAR TREC project [1] - The company emphasizes its commitment to enhancing grid security and innovation through collaborations with utilities and other entities [2] - Anterix's Utility Strategic Advisory Board has contributed insights that are reflected in EPRI's white paper on the role of telecommunications in advancing clean energy [2] Industry Context - The increasing convergence of information technology, operational technology, and telecommunications infrastructure in power companies highlights the critical need for cybersecurity in energy systems [2] - EPRI aims to advance cutting-edge technologies and solutions to mitigate cyber risks in energy infrastructure through this collaboration [2]

Leading Research Laboratories and Technology Companies Are DevelopingSolutions for Cybersecurity, Sustainability, and Enhanced Grid Communications WOODLAND PARK, N.J., March 14, 2024 /PRNewswire/ -- Anterix (NASDAQ: ATEX) today announced its participation in a broad alliance among energy industry leaders that are supporting the U.S. Department of Energy's (DOE's) national laboratories' efforts to help modernize the energy grid. Anterix is joining Idaho National Laboratories, the National Renewable Energy La ...

Core Viewpoint - Anterix (ATEX) shows significant upside potential with a mean price target of $59.33, indicating a 64.5% increase from its current price of $36.07, supported by positive earnings estimate revisions and analyst agreement [1][5]. Group 1: Price Targets and Analyst Consensus - The mean price target for ATEX is $59.33, suggesting a 64.5% upside potential, with the lowest estimate at $43 (19.2% increase) and the highest at $75 (107.9% increase) [1]. - Analysts have shown strong agreement in revising earnings estimates higher, with two estimates moving up in the last 30 days and no negative revisions, leading to a 66.7% increase in the Zacks Consensus Estimate [5]. - A low standard deviation of price targets indicates a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [4]. Group 2: Analyst Behavior and Market Dynamics - Analysts often set overly optimistic price targets due to business incentives, which can mislead investors [3]. - Despite skepticism around price targets, the direction implied by them can still provide useful guidance for potential stock movements [6]. - The Zacks Rank 2 (Buy) for ATEX places it in the top 20% of over 4,000 ranked stocks, indicating strong potential for near-term upside based on earnings estimates [6].

Company Overview - Anterix partners with leading utilities and technology companies to leverage 900 MHz broadband for modernized grid solutions [2] - The company leads an ecosystem of over 100 members, providing utility-first solutions to address current challenges faced by utilities [2] - Anterix holds the largest licensed spectrum in the 900 MHz band across the contiguous United States, Alaska, Hawaii, and Puerto Rico, positioning itself uniquely for private wireless broadband solutions [2] Upcoming Events - Anterix Chief Financial Officer Tim Gray will present at Morgan Stanley's Technology, Media & Telecom Conference 2024 on March 5, 2024, at 2:05 p.m. PST [1] - The presentation will be available via live webcast on the Anterix Investor Relations event website [1] - Anterix will also be available for meetings with participating investors throughout the day of the conference [1]

Shares of Anterix (ATEX) have gained 33% over the past four weeks to close the last trading session at $39.85, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $59.33 indicates a potential upside of 48.9%.The average comprises three short-term price targets ranging from a low of $43 to a high of $75, with a standard deviation of $16.01. While the lowest estimate indicates an incr ...

Anterix Inc. (NASDAQ:ATEX) Q3 2023 Earnings Conference Call February 15, 2024 9:00 AM ET Company Participants Natasha Vecchiarelli - Vice President-Investor Relations & Corporate Communications Rob Schwartz - President, Chief Executive Officer & Director Ryan Gerbrandt - Chief Operating Officer Tim Gray - Chief Financial Officer Chris Guttman-McCabe - Chief Regulatory & Communications Officer Conference Call Participants Mike Crawford - B. Riley Securities Alana Papa - Morgan Stanley Operator Hello and welc ...