WOODLAND PARK, N.J. (AP) — WOODLAND PARK, N.J. (AP) — Anterix Inc. (ATEX) on Wednesday reported fiscal second-quarter net income of $53.5 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Woodland Park, New Jersey-based company said it had profit of $2.86. Losses, adjusted for non-recurring gains, came to 14 cents per share.
The wireless communications company posted revenue of $1.6 million in the period.
Anterix shares have decreased 40% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $18.35, a fall of 46% in the last 12 months.
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