Why Is Anterix (ATEX) Down 5.5% Since Last Earnings Report?

Anterix (ATEX) reported mixed Q1 fiscal 2027 results with 38.1% year-over-year revenue growth driven by spectrum revenues, but missed top-line consensus estimates. The company posted a narrower-than-expected non-GAAP net loss of 53 cents per share versus 55 cents consensus. Despite strong cash position of $119.92 million with no debt, shares have underperformed the S&P 500 by 5.5% since earnings. The stock holds a Zacks Rank #3 (Hold) with upward estimate revisions but poor Growth and Value scores.