Anterix reports $29 million in contracted proceeds and $39.1 million in cash for Q2 fiscal 2026

Reuters11-13
<a href="https://laohu8.com/S/ATEX">Anterix</a> reports $29 million in contracted proceeds and $39.1 million in cash for <a href="https://laohu8.com/S/QTWO">Q2</a> fiscal 2026

Anterix Inc. reported receiving $29.0 million in contracted proceeds from customers for the second quarter of fiscal year 2026, with $114.0 million in contracted proceeds outstanding as of September 30, 2025. The company accelerated $19.0 million in customer proceeds into fiscal 2026 and expects to receive over $60.0 million in proceeds by the end of the fiscal year. At the end of the quarter, Anterix held cash and cash equivalents of $39.1 million, with an additional $9.4 million in restricted cash. The company had no debt. Anterix repurchased $1.0 million of its common stock during the quarter, leaving $226.7 million available under its $250.0 million share repurchase program. Business developments included the launch of the TowerX and CatalyX solutions, targeting an annual total addressable market of approximately $1.0 billion, and the exchange of narrowband for broadband licenses in 99 counties, resulting in a $60.0 million gain.

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