Anterix (ATEX) Reports Q1 Loss, Misses Revenue Estimates

Company Performance - Anterix reported a quarterly loss of $0.48 per share, better than the Zacks Consensus Estimate of a loss of $0.54, and improved from a loss of $0.84 per share a year ago, resulting in an earnings surprise of +11.11% [1] - The company posted revenues of $1.42 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 6.71%, and down from $1.52 million in the same quarter last year [2] - Anterix has surpassed consensus EPS estimates three times over the last four quarters but has not beaten consensus revenue estimates during the same period [2] Stock Performance - Anterix shares have declined approximately 31.7% since the beginning of the year, contrasting with the S&P 500's gain of 8.4% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.52 on revenues of $1.62 million, and for the current fiscal year, it is -$1.74 on revenues of $6.35 million [7] Industry Outlook - The Communication - Infrastructure industry, to which Anterix belongs, is currently ranked in the top 9% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Anterix's stock performance [5]