Anterix Inc. reports Q1 fiscal 2027 financial results

Anterix Inc. has announced its financial and operational results for the first quarter of fiscal year 2027, covering the period ending June 30, 2026. The company reported approximately $33.1 million in outstanding contracted proceeds, with $15.7 million received during the quarter and an additional $9.6 million expected throughout the remainder of the fiscal year.

Key operational activities included a spectrum license sale agreement with Benton PUD for $0.8 million and a $10.7 million gain recorded from exchanging narrowband for broadband licenses across six counties. The company also invested $6.7 million in spectrum clearing costs. As of June 30, 2026, Anterix reported no debt and a cash position of $116.0 million. A share repurchase program remains active, with $226.7 million available for use.