Yahoo Finance Anterix Third Quarter 2024 Earnings: Beats Expectations
Anterix (NASDAQ:ATEX) Third Quarter 2024 Results
Key Financial Results
Net income: US$328.0k (up from US$8.02m loss in 3Q 2023).
EPS: US$0.018 (up from US$0.42 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Anterix Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates.
Looking ahead, revenue is forecast to grow 105% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in the US.
Performance of the American Telecom industry.
The company's shares are up 19% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Anterix has 3 warning signs (and 1 which is a bit unpleasant) we think you should know about.
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