Anterix (ATEX) Reports Q2 Loss, Lags Revenue Estimates
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Anterix (ATEX) reported a Q2 loss of $0.69 per share, missing the Zacks Consensus Estimate of a $0.59 loss. This is a larger loss compared to $0.55 per share a year ago.
November 13, 2024 | 11:30 pm
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Anterix reported a larger-than-expected Q2 loss of $0.69 per share, missing the consensus estimate of $0.59 and increasing from last year's $0.55 loss.
The reported loss of $0.69 per share is worse than the expected $0.59 loss, indicating underperformance. This, combined with a larger loss compared to the previous year, suggests potential negative sentiment and short-term pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100