WOODLAND PARK, N.J. (AP) — WOODLAND PARK, N.J. (AP) — Anterix Inc. (ATEX) on Tuesday reported fiscal first-quarter net income of $25.2 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 net income of $1.35. Losses, adjusted for non-recurring gains, came to 48 cents per share.
The wireless communications company posted revenue of $1.4 million in the period.
Anterix shares have fallen 27% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.40, a drop of 40% in the last 12 months.
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