WOODLAND PARK, N.J. (AP) — WOODLAND PARK, N.J. (AP) — Anterix Inc. (ATEX) on Wednesday reported a loss of $2.1 million in its fiscal first quarter.
On a per-share basis, the Woodland Park, New Jersey-based company said it had a loss of 11 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share.
The wireless communications company posted revenue of $608,000 in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.2 million.
Anterix shares have decreased 12% since the beginning of the year. The stock has fallen 37% in the last 12 months.
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