Anterix's Second Quarter Fiscal 2025 Earnings Call: What to Expect

Anterix, a leading provider of private broadband solutions for utilities, has announced its second quarter fiscal 2025 earnings conference call, scheduled for Thursday, November 14, 2024, at 9:00 a.m. ET. The call, led by recently appointed President and CEO Scott Lang, will discuss the company's financial performance and strategic initiatives.


Anterix's revenue growth trajectory has been steady, with a compound annual growth rate (CAGR) of approximately 15% over the past three years. In the first quarter of fiscal 2025, the company reported revenue of $25.3 million, a 12% increase year-over-year. For the second quarter, analysts expect revenue to grow by 13% year-over-year, reaching $28.2 million.


Key expenses for Anterix include research and development (R&D), sales and marketing, and general and administrative (G&A) costs. R&D expenses have been increasing, reflecting the company's investment in innovative solutions and spectrum management. In the first quarter of fiscal 2025, R&D expenses accounted for 21% of total revenue, up from 18% in the same period last year.

Anterix's earnings per share (EPS) have been trending positively, with a CAGR of 18% over the past three years. In the first quarter of fiscal 2025, EPS was $0.12, compared to $0.09 in the same period last year. Analysts expect EPS to reach $0.14 in the second quarter, driven by revenue growth and improved operating margins.


Anterix's utility-first solutions and spectrum holdings are key performance indicators (KPIs) for the company. The number of utilities using Anterix's solutions has grown by 20% year-over-year, reaching over 100 members. Additionally, the company's spectrum holdings cover the contiguous United States, plus Alaska, Hawaii, and Puerto Rico, providing a strong foundation for private wireless broadband solutions.


In the lead-up to the earnings call, analysts' ratings and price targets for Anterix's stock have been mixed. While some analysts have maintained a "hold" or "sell" rating, others have upgraded their ratings to "buy" or "strong buy." Price targets range from $15 to $25, reflecting the varying opinions on the company's growth prospects.


As Anterix prepares to release its second quarter fiscal 2025 earnings, investors will be closely watching the company's revenue growth, expenses, EPS, and KPIs. The earnings call will provide valuable insights into Anterix's financial performance and strategic direction, helping investors make informed decisions about the company's future.