ANTERIX INC. DL -,0001

Anterix shares rose 7.1% in the morning to $91.37 after Q1 fiscal 2027 results. The company reported frequency revenues of $1.96m versus $1.42m a year earlier, $116m in cash and no debt. Management and the market see a significant valuation gap for the 900‑MHz spectrum (about $0.60 per MHz‑Pop versus roughly $2.50 at auctions) and around 85% of the inventory is still to be monetized. Anterix also reported a successful direct‑to‑device satellite test with Lynk Global and supportive regulatory developments, while an insider sale of about $10m barely dented the share movement. » More on de.investing.com

At the Oppenheimer conference, Anterix said scarcity of licensed low‑frequency spectrum is driving demand and the value of its 900‑MHz holdings. After deals with 11 utilities, about 85% of the nationwide MHz‑pops remain to be monetized; management currently values the market at roughly $0.60 per MHz‑pop versus recent auction prices of about $2.50. Anterix holds $116 million in cash, no debt, and is exploring satellite and hybrid uses in addition to utility contracts, but is reluctant to accept low‑priced offers. Initial tests of satellite‑enabled direct‑to‑device services were viewed positively, though they remain at an early stage. » More on de.investing.com

Anterix reported fiscal Q1 2027 GAAP revenue of $2 million, roughly $11 million in gains from broadband license exchanges, and a quarter-end cash balance of about $116 million with no debt. Management said nearly a dozen active commercial opportunities span seven- to nine-figure potential transactions and that about 85% of its MHz-POPs remain available for monetization. The company has cleared 40% of U.S. counties for its full 10 MHz broadband configuration and supports a SpaceX satellite build-out proposal that could expand spectrum deployment options; prior transaction averages imply reference gross asset values of more than $4 billion for remaining spectrum. Anterix is evaluating capital allocation, including a remaining share-repurchase authorization, while continuing investments in clearing and commercial tools like TowerX and CatalyX. » More on finance.yahoo.com