ATEX Should I Buy
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Anterix Inc (ATEX) is a good buy for a beginner investor with a long-term focus and $50,000-$100,000 available for investment. The company has shown progress in operational efficiency, secured significant contracts, and has a positive growth trajectory in its niche market. Despite some short-term financial challenges, the long-term prospects and recent positive developments make it a suitable investment.
The technical indicators are moderately bullish. The MACD is positive and contracting, indicating potential upward momentum. The RSI is neutral at 67.566, and the moving averages are bullish (SMA_5 > SMA_20 > SMA_200). The stock is trading near its pivot point of 28.089, with resistance at 30.175 and support at 26.004.
Reduced operating expenses by 20% and delivered the highest number of 900 MHz broadband spectrum licenses in a single year.
Secured $400 million in contracts with flagship customers, reinforcing its market position.
Increased cash flow forecast from $100 million to $120 million for the fiscal year.
Positive Q3 earnings surprise with a GAAP EPS of -$0.35, beating expectations by $0.20.
Net income and gross margin dropped to 0, showing significant YoY declines.
EPS declined by -185.37% YoY, reflecting ongoing profitability challenges.
Regular market price declined by -1.45%, with additional losses in pre-market and post-market trading.
In Q3 2026, revenue increased slightly by 0.45% YoY to $1.57M, demonstrating stability. However, net income and gross margin dropped to 0, and EPS fell to -$0.35, highlighting profitability challenges. Despite these issues, the company is progressing towards its first positive GAAP net income.
No explicit analyst rating data provided. However, the company's recent operational and financial improvements suggest a positive outlook among investors.
