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Stock impact report

ATN Reports First Quarter 2024 Results; Revises Full Year 2024 Outlook

ATN International, Inc. (ATNI) 
Last atn international, inc. earnings: 4/29 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.atni.com/investor-relations
Company Research Source: GlobeNewswire
“First-to-Fiber” and “Glass & Steel™” Strategies Drive Continued Year-Over-Year Growth in High-Speed Data Subscribers and Network Reach First quarter revenues increased 1% to $186.8 millionTotal high-speed broadband subscribers increased by 12%Broadband homes passed by high-speed data services expanded by 28%Capital expenditures were $36.0 million (net of $13.5 million reimbursements) First Quarter Results Impacted by Delays in Certain US Segment Carrier Services Projects and Lower Domestic Business Revenues First quarter net loss increased to $(6.3) million, or a $(0.50) loss per share, including restructuring expenses of $1.2 millionOperating income increased to $4.6 millionAdjusted EBITDA1 decreased 3% to $43.5 million Revises 2024 Outlook Revenue for the full year 2024 is now expected to be in the range of $730 million to $750 million, excluding construction revenueAdjusted EBITDA2 for the full year 2024 is now expected to be in the range of $190 million to $200 millionCapi Show less Read more
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